The June jobs report revealed better than anticipated results with 206,000 new jobs now added to the US economy. Is Bidenomics working? Absolutely not. The jobs reports are inflated because the Biden Administration has been multiplying the public sector. Of the 206,000 new jobs, 70,000 were created within government, surpassing the 49,000 government jobs created […]

California’s job market is contracting thanks to policies implemented by Governor Gavin Newsom. California was once a hub for technology but sky-high corporate and personal taxes have caused businesses to flee. Rampant crime has forced brick and mortar locations to shutter. Rising minimum wage costs have forced companies to automate low-skill positions. And the brunt […]

America’s robust consumer economy helped it emerge as a global powerhouse. Nations once stood in line, eager to sell to America as our consumer economy composed over two-thirds of GDP. Grappling with the cost of living crisis and amid a private wave where confidence has been lost, Americans are spending significantly less but are more […]

The Federal Open Market Committee unsurprisingly voted to maintain rates at 5.25% to 5.5%. The numerous cuts others were anticipating are completely off the table, as the central bank said there might be one reduction for the year compared with their optimistic forecast made in March of three rate reductions in 2024. “In recent months, […]

John Maynard Keynes in his 1936 book, ‘The General Theory of Employment, Interest and Money,” argued aggregate demand was too volatile to be stable and would lead to inflation or recessions. His theory honed in on spending as a means of price control. Low aggregate demand, Keynes argues, would lead to high unemployment and stagflation. […]

COMMENT: A friend watched your interview on USAWatchdog, and his response was that you were wrong that the FED doesn’t need anyone to buy the debt. The FED can print as much money as Congress cares to spend. I was stunned that he did not comprehend that the FED is not the issuer of the […]

The Supreme Court has 28 decisions still remaining, and there are a lot of really important cases that will shape history. The next opinion day will be June 13; this 2023-2024 term ends on June 28th. Buried within these 28 cases is the only one regarding deference to agencies known as the Chevron decision. Many […]

  Inflation can be felt at every tax bracket. Federal Reserve Bank of Minneapolis President Neel Kashkari came out this week and said the public “viscerally hates high inflation,” and for good measure. Everyone is seeing the impacts of inflation on their quality of life. Those defined as rich, the demographic one side of the […]

Government spending has consequences. The US national debt has surpassed $34.6 trillion at the time of this writing and continues to grow every minute. America has never been in a deeper deficit. The Committee for a Responsible Federal Budget (CRFB) has reported that America was forced to pay $514 billion in the first seven months […]

Federal Reserve Bank of Minneapolis President Neel Kashkari has advised against anticipating near-term rate cuts. While speaking to the Financial Times, the Fed president stated that people would simply prefer a recession to continued inflation. “I have learned that the American people—and maybe people in Europe equally—really hate high inflation. I mean, really viscerally hate […]