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US Manufacturing Booms But the Supply Chain Is Worse Than the Pandemic

CNBC reported on the latest Institute for Supply Management survey, and the comments from manufacturers should frighten anyone who thinks inflation has been...

The Student Loan Crisis Is Exploding

Student loan defaults have surged to 9.2 million borrowers, representing roughly one in every five people with student debt. What is astonishing is the speed of the...

New Jersey Bans Grocers From Building a Surveillance Economy

New Jersey has become one of the first states to draw a line against what may be one of the most disturbing developments in modern retail. Governor Mikie Sherrill...

The Rise of the Ellison Empire

There was a time when America’s industrial titans built railroads, steel mills, and oil companies. Today, influence is measured in data, artificial...

Main Street Is Breaking While Wall Street Celebrates

Every recovery eventually reaches a point where the official statistics no longer resemble reality. Politicians point to stock market records, economists celebrate...

Texas Hospital Advertises Birth Tourism at Mexico Border

Every government eventually reaches the point where people stop asking whether the law exists and begin asking whether anyone intends to enforce it. That is where...

June ADP – Continued Trend in Labor

The employment picture continues to soften despite every attempt to paint the economy as resilient. ADP reported that private employers added only 98,000 jobs in...

Clinton Blames Biden for Trump Presidency

After spending years defending him, campaigning for him, endorsing him, and standing beside him while anyone who questioned his fitness was attacked as a conspiracy...

The Divide Is No Longer Left vs Right

Only 29% of Democrats say they are extremely or very proud to be American, compared with 90% of Republicans, based on a recent NBC poll. Among Americans aged 18-34,...

PRIVATE BLOG – Market is Turmoil – Boom or Bust?

PRIVATE BLOG – Market is Turmoil – Boom or Bust? Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn...