Economic Commentary - The New American

Economic Green Shoots Appearing; Trump Moves to Water Them Via Regulatory Relief

Green shoots are appearing as the economy is starting to rebound from the COVID-19 shutdown. ...

Bob Adelmann May 25, 2020

Consumer, Producer Prices Plunge in April

Bob Adelmann May 14, 2020

The average American household is holding its breath, financially speaking, not spending money until they feel it's safe to do so. ...

Consumer Prices in March Fall by the Most in Five Years

Bob Adelmann April 10, 2020

Though the Consumer Price Index shows prices dropping now, mainly because of the low price of gasoline, the growth in the money supply...

Government’s Coronavirus Stimulus Program Will Massively Increase National Debt

Bob Adelmann April 8, 2020

The coronavirus stimulus programs will massively increase the national debt, and the Keynesian economists in Washington don’t see any problem with that. ...

What Will the Economic Recovery Look Like?

Bob Adelmann April 7, 2020

The U.S. economy was pushed off a cliff. It's going to take awhile for it to climb back up. ...

March Car Sales Down 36 Percent; Prepare for the worst

Bob Adelmann March 25, 2020

There is simply no way to sugar-coat the numbers coming this week and next: They will be awful, ugly, frightening, “unprecedented,” “unparalleled,” and...

Trump: Ending Shutdown on Easter Sunday To Be a “Beautiful Thing”; Pushback Immediate

Bob Adelmann March 25, 2020

President Trump said that he would love to announce the end of the economic shutdown in time for Easter Sunday. ...

In One Month, Wall Street Has Taken Back All of Trump’s Gains

Bob Adelmann March 19, 2020

On January 19, 2017, the day before President Trump was inaugurated, the Dow closed at $19,804. On February 12, 2020 the Dow closed...

Federally Subsidized Smartphones Contain Chinese Spyware

Joe Wolverton, II, J.D. January 10, 2020

Smartphones being given by the federal government to low-income people have Chinese spyware installed, spyware that can’t be removed and that gives agents...

Rise in Consumer Sentiment Bodes Well for Trump’s Reelection

Bob Adelmann October 11, 2019

Consumer sentiment in October beat forecasters expectations and sets the stage for Trump's reelection next year. ...

Strong Jobs Report Quashes Recession Fears

Bob Adelmann October 4, 2019

Friday’s jobs report from the Bureau of Labor Statistics confirmed that the U.S. economy remains strong and robust, employing record numbers of Americans...

Don’t Listen to Establishment Economists on September Jobs Numbers

Bob Adelmann October 2, 2019

Commentary from establishment economists such as Moody’s Mark Zandi may be safely ignored by those seeking an accurate picture of the U.S. economy:...