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Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Sunday, January 04, 2026

Trump Proved the Economists Wrong Again in 2025

Trump Proved the Economists Wrong Again in 2025: This isn’t the first time the whiz kids whiffed on the Trump economy. These are the same economists who warned we would see a crash.

Tuesday, December 30, 2025

Stephen Moore: The Economists Got 2025 All Wrong

These prophets of doom will continue to give the entire economics profession a black eye. No wonder it is known as “the dismal science.” https://patriotpost.us/opinion/123877-the-economists-got-2025-all-wrong-2025-12-30

Wednesday, December 17, 2025

Affordability? Before attacking tariffs, look here instead

Affordability? Before attacking tariffs, look here instead: Democrats’ crusade against Trump’s tariffs is rich, considering all the other economic burdens they support.

Friday, September 05, 2025

When the Federal Reserve runs your life

When the Federal Reserve runs your life: It’s amazing what a difference monetary policy makes in the day-to-day.

Thursday, April 03, 2025

Trump’s tariffs are all about putting America first after decades of exploitation

Trump’s tariffs are all about putting America first after decades of exploitation: For far too long, America has been the world’s punching bag regarding trade. Foreign nations — some allies, some adversaries—have exploited our generosity, reaping profits while draining our industries, jobs, and national pride. However, under President Donald J. Trump, that era of weakness is over. With his bold tariff policies, Trump is fulfilling his promise to put America first, leveling the playing field and restoring the United States to its rightful place as an economic powerhouse. The globalists, the outsourcers, and the Fake News can scream all they want — history shows they’ve been wrong every step of the way.

Tuesday, November 19, 2024

No one should believe economists — they are apologists for bad policies

No one should believe economists — they are apologists for bad policies: This article in USA Today is so full of misinformation that it’s hard to know where to start. They work very hard to absolve Joe Biden, Kamala Harris, and their policies for the rapid rise in inflation — but the actual evidence shows how responsible they really are.

Thursday, September 19, 2024

Labor Dept. data: Urban rent surges 23% in just three years of Biden-Harris

Labor Dept. data: Urban rent surges 23% in just three years of Biden-Harris: According to the government’s own number crunchers, the average cost of urban rent surged 23% in just three years of Biden-Harris, with the housing cost increase impacting “midwestern cities slightly worse” with a 24% rise.

Fed chair Powell says illegals are why unemployment is rising

Fed chair Powell says illegals are why unemployment is rising: If you import 20 million people into an economy that doesn't have room for them, don't be surprised if unemployment goes up.

That's not Donald Trump speaking, it's what Federal Reserve Chairman Jerome Powell, a guy who tends to side with Joe Biden, found when he cut interest rates 50 basis points yesterday. It's also basic economics.

Friday, September 13, 2024

New poll: 81% say cost of food is rising faster than income, around half have given up on keeping protein in diets to stay within budget

New poll: 81% say cost of food is rising faster than income, around half have given up on keeping protein in diets to stay within budget: According to a new poll from a D.C-based nonprofit No Kid Hungry, the number of Texans negatively affected by grocery store prices continues to increase, with a vast majority (81%) reporting that food costs are outpacing their incomes, and around half (49%) revealing that they’ve either cut back on meat consumption, or given it up altogether to remain in budget.

The second statistic is exaggerated among lower-income families making less than $50k, with children in the public school system, where it goes from around one-out-of-two to almost three-out-of-four (71%).

Anyone who thinks the inflation problem is over has their head stuck in the sand

Anyone who thinks the inflation problem is over has their head stuck in the sand: Kamala claimed that the economic policies of the Biden-Harris White House have brought inflation down. I would ask a simple question: Which policies?

There are none. The reason the inflation increase is lower is because people couldn’t afford the compound price increases. It is really rich when a politician brags that 3% is “down” when inflation is still more than double the rate she inherited. But most of the media cheers as they campaign for Harris.

Friday, August 02, 2024

Economic Indicators Turn from Confusing to Ominous

Economic Indicators Turn from Confusing to Ominous: Federal Reserve (Fed) chairman Jerome Powell’s Wednesday announcement that the central bank might start lowering interest rates in September sets the stage for a potential reversal of the longstanding pattern of inconsistent and contradictory indicators from the economy.

Unfortunately, that change may not be for the better, with a conservative September interest rate cut of 0.25 percent being too small and arriving too late to do much good.

Sunday, July 28, 2024

CNN Poll: Nearly 40% of Americans worry about how they’re going to pay their bills under Democrats

CNN Poll: Nearly 40% of Americans worry about how they’re going to pay their bills under Democrats: Things are so economically sound and good…they’re worse than one of the worst financial crises in American history, the 2008 collapse and the Great Recession of the years following. At least, that’s according to a new poll conducted and published by CNN that revealed nearly forty percent of Americans are worried about their financial future, and how they’re going to afford to maintain their standard of living.

Thursday, September 22, 2011

Dow drops 500 points on fears of another recession

If George W. Bush drove the U.S. economy into a ditch, then Barack Obama drove it over a cliff after he got behind the wheel.

Dow drops 500 points on fears of another recession - pottsmerc.com

Sunday, July 17, 2011

Obama's Sorry Record

The Republican National Committee has done a nice job of recapping Barack Obama's legacy on the economy so far. Hekavu, job.
HOW HAS OBAMA DONE?

$1.65 Trillion: Projected Federal Deficit For FY2011 – Will Be The Largest In U.S. History. (OMB, 2/14/11)
$1.42 Trillion: Federal Budget Deficit For FY2009 – Highest In U.S. History. (CBO, 10/7/10)
$1.29 Trillion: Federal Budget Deficit For FY2010 – Second Highest In U.S. History. (CBO, 10/7/10)
44.6 Million: Americans Receiving Food Stamps. (The Wall Street Journal, 5/31/11)
14.0 Million: Unemployed Americans. (Bureau of Labor Statistics, Accessed 7/14/11)
6.8 Million: Foreclosure Filings Since Obama Took Office. (RealtyTrac, Accessed 7/14/11)
2.5 Million: Jobs Lost Since Obama Took Office. (Bureau of Labor Statistics, Accessed 7/14/11)
2.0 Million: Private Sector Jobs Lost Since Obama Took Office. (Bureau of Labor Statistics, Accessed 7/14/11)
1.8 Million: Jobs Lost Since Obama's Stimulus Was Passed. (Bureau of Labor Statistics, Accessed 7/14/11)
1.59 Million: Personal Bankruptcies In 2010. (United States Courts, 2/15/11)
9.2%: Unemployment Rate. (Bureau of Labor Statistics, Accessed 7/14/11)
RNC: 'Give It To Me'

Wednesday, June 22, 2011

The Picture Darkens For Economy, Obama, Democrats

The Congressional Budget Office Long-Term Budget Outlook offers alarming projections for the nation's future under Barack Obamaa, according to Investor's Business Daily.

From a new IBD editorial:
For some Democrats, it's become an article of faith that our budget crisis isn't serious enough to require major entitlement reforms. A new report from Congress' nonpartisan budget think-tank shatters that delusion.
Editorial: The Picture Darkens - Investors.com

Tuesday, June 07, 2011

Columnist: The U.S. Economy's Bad News Deluge

The many who promised to turn the economy around has failed miserably. And there's no end in sight to the bad economic news as Barack Obama refuses to admit he's been wrong every step of the way.

Gary Rivlin: The U.S. Economy's Bad News Deluge

Friday, June 03, 2011

Columnist: The Left Is Out of Ideas

Peter Heck, writing at American Thinker, exposes the bankrupt policies of Barack Obama and the Democratic Party that have prolonged the suffering of the American people:
With a little over a year to go until the next national election cycle is complete, it has become apparent that from an economic standpoint, the SS Liberal has officially run out of steam. Hull weighted down with the barnacles of false promises and rudder crippled by the reckless mismanagement of a spendthrift captain from Chicago, she sits there floundering in a sea of unemployment and malaise not experienced since Jimmy Carter was at the helm.
Read the full column at the link below:

Articles: It's Official: The Left Is Out of Ideas

Wednesday, May 04, 2011

Poll: Obama approval on economy hits new low

You can't get any more pro-Obama than CBS News and The New York Times, so when the latest CBS/New York Times poll gives Obama his lowest approval ratings ever on the economy, Democrats should start worrying about their man's chances for re-election.

From CBS News:
Obama's "approval on handling of the economy fell to 34 percent, down 4 points from two weeks ago and the lowest level of his presidency. Fifty-five percent disapprove."
Read more "Forget bin Laden; On economy, Obama approval hits new low" here

Saturday, February 12, 2011

'Freakonomics' on DVD



The documentary is now available on DVD.

Thursday, February 10, 2011

'Reaganomics: What We Learned'

Creating jobs isn't as hard as Obama makes it out to be ... if you know what you're doing.

Arthur B. Laffer writing in The Wall Street Journal:
From December 1982 to June 1990, Reaganomics created over 21 million jobs. The right policies can do it again.
Read the full column, "Reaganomics: What We Learned," at the newspaper's website.