Ford Will Keep Producing Lincoln MKC in Kentucky; Trump Claims Victory
Trump claims a victory as Ford Motor Company will keep producing Lincoln MKCs in Kentucky instead of moving that operation to Mexico. ...
Economic Commentary
Obama’s Basket of Economic Deplorables
“I think of this job as being a relay runner,” President Obama says regarding the transfer of power to the new president. But what he understandably does not say is that...
Investors Remember Black Monday 1987: Dow Loses 22 Percent
Though many analysts are predicting a big decline in the stock market, a repeat of Black Monday is highly unlikely. Not impossible, just highly unlikely. ...
Candidates Silent as Government Spending Jumps, Deficit Increases
On Friday, the Treasury Department published the final revenue and spending numbers for the federal government for Fiscal Year 2016, which ended on September 30. According to Treasury's report, spending increased...
Economic Revitalization – Kennedy, Reagan, Obama?
The economic growth rate during each of the last eight presidential administrations (beginning with Eisenhower's) was lowest during Obama’s term in office, January 2009 through October 2015, an era of multiple...
Would Trump’s Corporate Tax Cut Help the Economy?
Tax cuts work. It's economic ignornance about this fact that keeps them from being enacted. ...
Autonomous Vehicles to Put Four Million People Out of Work?
Wolf Richter of Wolf Street is half right: AVs will displace millions. But he is wrong when he suggests they'll be out of work. ...
Obama, Clinton, China, & Wall Street: The “Silk Road” Trade Scheme
A planned trillion-dollar initiative would send more American companies and jobs overseas, and bring more Chinese investment, more foreign workers, and more refugees here. ...
“The People’s Fed”: Manufacturing Popular Support for Global Theft
Pressure from above and below: At the Federal Reserve’s Jackson Hole summit, central bankers sat down with street revolutionaries to give the impression there is popular support for their plans to...
Jackson Hole’s Gangsters and Banksters: What Are They Planning?
The Federal Reserve's recent Jackson Hole conference provides another danger sign of planned economic havoc on the near horizon. ...
Recovering From the Post-Great Recession “Recovery”
Despite historically low interest rates, a massive increase in the money supply, and persistent deficit spending, the U.S. economy is growing at a subnormal rate. What's behind it all? ...
Population Expert Predicts World’s Elderly Will Soon Outnumber Children
In an article published by Inter Press Service (IPS) on August 8, Joseph Chamie — who was once the director of the United Nations Population Division — noted the increasing number...
Trump Versus Clinton: How Would Each Handle the Economy?
Once a new president is installed in the White House, how is he or she likely to handle the economy? ...
Brexit: Advantage, America
Although the historic Brexit vote to leave the EU initially roiled stock markets worldwide, it may well end up benefitting the United States now and down the road. ...
U.S. “Peter Pan” Economy Is Unable to Remove Its Training Wheels
The economy is still being force-fed a diet of easy money and low interest rates nearly 10 years after the Federal Reserve began its historic onslaught of loose monetary policy —...