Sunday, June 23, 2024

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Monday, June 17, 2024

Freddie Is at It Again

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As Yogi Berra would say, “It’s Déjà vu all over again.” Apparently, Government Supported Enterprises (GSEs), Freddie Mac and Fannie Mae,...
Sunday, February 12, 2023

A Less Painful Spending Cut: Raising Social Security Retirement Age

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The U.S. federal government recently hit its debt ceiling of $31.4 trillion, and barring an agreement between the Republican Congress and th...
Friday, December 16, 2022

U.S. Workers Losing Ground Since June 2020

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WORKERS HAVE LOST ECONOMIC GROUND SINCE JUNE 2020. In the chart below, I have profiled the 3-month moving average hourly wage rate (adjusted...

Biden's Spending; Yellen's Price Fixing

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Since taking office, the Biden Administration has passed a $1.9 trillion stimulus bill to fuel an economy that was already expanding at a ve...
Sunday, September 18, 2022

Student Loan Forgiveness, Who Should Pay? An Alternative Solution

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Suppose you go to the mall and purchase a widescreen monitor for a $1,000 paying for it with your newly minted Visa credit card. Unfortun...
Wednesday, July 27, 2022

California Punishes High Income Earners: Iowa Leads, California Follows in Tax Competitiveness

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In a 2022 ballot initiative, California progressives are pushing for passage of their deceptively entitled Clear Cars and Clear Air Act. In ...
Friday, June 10, 2022

More Inflation, Less Consumer Confidence: Markets Take a Dive

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Today's releases of the May 2022 consumer price index and consumer sentiment were much worse than expected. I have graphed both measure...