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Opinion
Fed’s Rate Pause Contributes to Harmful Inflation Psychology
Once again, the Fed has eased up on its restrictive monetary policy too soon. Late last year the Fed stopped…
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Opinion
The UAW’s Ridiculous Demands
The United Auto Workers have begun to strike all three of the major domestic automobile producers. They are seeking a…
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Opinion
Coming: higher inflation, higher interest rates, labor strikes, wage/price spiral
On Wednesday, the Consumer Price Index for August will be released. It will show a significant increase in inflation, perhaps…
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Opinion
Latest data points to September interest rate hike
The Federal Reserve’s Open Market Committee will meet again later this month. The popular belief is that the Fed will…
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Opinion
Ramaswamy’s income tax plan should be tweaked to this
Vivek Ramaswamy, the candidate running for the Presidential nomination from the Republican Party, has suggested switching the current progressive federal…
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Opinion
No Joe, Bidenomics Is Not Working
This past week as he marked the one-year anniversary of the Inflation Reduction Act, President Biden said that his economic…
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Opinion
Washington woefully misunderstands healthcare economics
It appears that some in Washington just don’t understand the basic economics of the healthcare industry. Government meddling in markets…
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Opinion
Inflation Inches Up in July; More Ahead
The Bureau of Labor Statistics just announced that the Consumer Price Index increased by a modest 0.2% in July. That…
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Opinion
Fitch US Credit Downgrade Should Be a Wake-Up Call
Fitch Ratings, which is one of the three major credit rating agencies, just downgraded the U.S. debt from AAA to…
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Opinion
Biden’s inflation reduction victory lap is premature
President Biden recently took a victory lap when the latest economic data indicated the inflation rate for the past year…
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Opinion
Labor Strikes Unleash Wage-Price Spiral
Two years ago, I warned that the excess demand created by massive government spending and a shockingly irresponsible expansionary monetary…
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Opinion
SAG-AFTRA strike: Are employees entitled to a share of the profit?
Employees of Hollywood production companies recently staged a strike. Initially, it was just writers and supports personnel, but then the…
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Opinion
Economists Divided on Future Economic Activity
Since the pandemic, it has been extremely difficult for economists to accurately forecast the economy. Most of the reason is…
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Opinion
Ending Affirmative Action will make the economy more efficient
The US Supreme Court recently said that Affirmative Action is no longer legal. Affirmative Action (AA) has been used to…
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