The Coming National Debt Tsunami
According to the Treasury, the government’s national debt jumped in the fiscal year ending September 30 from $20.2 trillion to $21.5 trillion, or by $1.3 trillion. ...
Economic Commentary
U.S. Economy Setting Records, Surprising Market Bears
The Conference Board's report on consumer confidence in September, released earlier this week, caught forecasters by surprise once again. ...
New Unemployment Claims Headed for 50-year Lows
The jobless claims report from the Department of Labor (DOL) for the week ending September 15 came out on Thursday, showing unemployment to be at its lowest since 1969. ...
Nearly Half a Trillion Dollars Already Repatriated; More Coming
In the first six months of 2018 alone, American companies have called back $465 billion of untaxed corporate earnings from abroad. ...
Trump Seeks Third Round of Trade Talks With China, Sensing Their Vulnerability
Will the third round of trade talks go any better than the first two? ...
Trump: Economy “Booming Like Never Before”
By nearly every metric, the economy under Trump continues to expand. ...
Economy Booming: Could We See Trump’s Claimed 5% GDP Growth?
Second-quarter GDP growth was revised upward, to 4.2 percent, and some are now predicting 4.6-percent third-quarter growth. Could Trump's claim of five-percent GDP growth become reality? ...
New Arizona Law Moves State One Step Closer to Sound Money
New law in effect in Arizona moves the state one step closer toward sound money. ...
Strong Economy Boosting Trump’s Poll Numbers
The president is enjoying ever-stronger poll numbers as the economy continues to grow. ...
Trump Calls Out the Power of the Federal Reserve
Presidents are expected to keep quiet about whatever the Federal Reserve does. But Donald Trump has become famous for upending supposedly sacrosanct protocols. ...
Federal Deficit Up 16 Percent Following Tax Reform
In the first nine months of the present fiscal year, total federal revenues were $2.54 trillion, while total federal spending was $3.15 trillion, leaving a deficit of $607 billion. That’s 16-percent...
Latest CBO Report: Government Debt to Double by 2048
Schumer says it's a plot. Portman says it's understated. Lots of things will change in 30 years. ...
Fed Raises Interest Rates Again Despite “Mystery” Over Lack of Wage Increases
Federal Reserve Chairman Jerome Powell suffers from the same disease infecting all those on the board: the hubris that they really know what's best for the economy. ...
Is the Fed Risking a Recession by Raising Interest Rates?
With the Fed likely to raise overnight bank lending rates by one quarter of one percent on Wednesday, observers are increasingly concerned that those increases may throttle Trump’s roaring economy just...
Recession in Trump’s First Term?
Even the hardiest skeptic cannot find clouds in the economy's sky. ...