Lowest Average Q1 GDP Growth of Any President on Record

We have ongoing signs that the economy continues to falter...but you don't need charts to tell you that. We see it everyday, all around us. We need to go forward with ideas based in sound economic policy, not redistribution and fake/crony capitalism. And it all starts in your local cities/towns/counties!   "Even if you leave [...]

By |2015-06-07T11:53:06-04:00June 7th, 2015|Economy, Featured, Featured Categories|0 Comments

Youth Of America: How Do You Like Your “Change”?

Repeat after me: "Do you want fries with that, sir?" I think what Obama really said was "I hope you can learn to count change." The job rate among 18-24 year-olds is the worst level since 1948; only 54% have a job. Plus, wages are down for youth workers while they have risen marginally for [...]

By |2012-03-01T23:12:37-05:00March 1st, 2012|Economy|0 Comments

This Is Why More Debt Won’t Work

The chart below is "Total Credit Market Debt Owed," direct from the Federal Reserve's graphical web interface "Fred Graph." Anyone can see that the graph had gone parabolic right before the onset of the Great Recession. Anyone can see that this rate of ever-faster accumulation of debt couldn't continue. And, it didn't continue, it stopped. [...]

By |2011-07-16T10:53:51-04:00July 16th, 2011|Economy|0 Comments

Ding, Dong, The Witch Is Dead: Envisioning The Collapse Of The Federal Government

What will you do with your new-found liberty? Many of us will find it bracing and exhilarating. Many others will hate it with every fiber of their being. The basis for these very disparate reactions will be the same: you will be on your own. We had better be making provisions to save the Commonwealth [...]

By |2011-07-09T22:15:13-04:00July 9th, 2011|Government|0 Comments

Senate Republicans Offer Amendment to Stop $108 Billion Bailout to Foreign Countries

Kudos to these Senators for finding a way to preserve hard-earned taxpayer money: "U.S. Senators Jim DeMint (R-South Carolina), Orrin Hatch (R-Utah), David Vitter (R-Louisiana) and John Cornyn (R-Texas) today offered an amendment to the Economic Development Revitalization Act to roll back the International Monetary Fund’s (IMF) ability to use $108 billion in taxpayer dollars [...]

By |2011-06-18T10:49:02-04:00June 18th, 2011|Economy|1 Comment

Simple Arithmetic Is A Terrible Thing To Waste

"Can We Please Stop Pretending the GDP Is Growing"? Through the miracle of simple arithmetic, Charles Hugh Smith is able to bring you this analysis of federal spending and the American GDP that I guarantee you won't see in any Federal Reserve publication or on any business or national news program: The Federal government borrowed [...]

By |2011-06-03T16:24:33-04:00June 3rd, 2011|Economy|0 Comments

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