Low Interest Rates – Who Wins? Who Loses?
In The Wall Street Journal this week, an op-ed piece deals with the Federal Reserve’s policy of near-zero interest rates, presumably to help our very anemic and faltering economic recovery. Are we...
View ArticleEconomic Optimism Down – 17 Month Low – Why?
SPECIAL BLOG POSTING Investor’s Business Daily reported this week that economic optimism is down to a 17 month low, according to the IBD/TIPP Economic Optimism Index. Separately, small business...
View ArticleShould Jobless Benefits Be Extended for the Eighth Time?
An editorial in The Wall Street Journal this week discusses the proposal to extend jobless benefits for the eighth time since the recession started. This extension would mean the unemployed can...
View ArticleWhy Do Higher Tax Rates Often Lead to Lower Tax Revenues?
It’s really counter-intuitive. But, raising tax rates, leads to lower tax revenues for the government and lower economic growth for the economy. Well-known economist Arthur Laffer reminds readers of...
View ArticleHigh Unemployment, Empty Storefronts, For Sale Signs – When Will We Recover?
Driving around town the signs are obvious. “For Sale” signs that sit for months on poorly kept lawns. Empty storefronts with empty parking lots that painfully remind us of a few years ago when times...
View ArticleIs Inflation Starting to Hit America?
It seems as if inflation has been relatively tame these last few years. However, with increased big government spending come mounting deficits and unsustainable debt levels. One way to deal with...
View ArticleWill Another $50 Billion Stimulus Kick-Start Our Economy?
Jobs. Jobs. Jobs. It’s at the top of all the headlines this week. It’s the number one story and it’s being debated coast-to-coast. President Obama is proposing another $50 Billion stimulus package...
View ArticleIs the Great Recession Over? Will the 2nd Great Recession Start in 2011?
The Wall Street Journal reported this week that the National Bureau of Economic Research (NBER) has officially announced that the recession was over in June 2009 (more than a year ago). This is the...
View ArticleAre We Heading into Another Great Recession in 2011?
Donald L. Luskin presents powerful evidence in The Wall Street Journal this week that the current stock market is tracking very closely to the stock market in the 1930’s. Of particular concern are two...
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