Every time the economy starts growing substantially, the Fed should raise interest rates to “cool it off.” President Trump’s policies are exactly the opposite.
With the passing of the new Republican Tax Bill, the U.S. economy finally got the tax cut it needed. Now it can soar like it’s supposed to.
The news media is going to try to amplify every difference, however small, between the two bills in an attempt to foment a fight between Republicans in the House and Senate..
The top line numbers for the country are the following: United States – 975,000 new jobs with an average income gain of $2,598…
One of the most challenging and important jobs for an economics professor is to teach students how little we know and can possibly know.
With the high corporate tax rate bogging down the United States economy from taking off, hopefully the newest GOP tax plan allows it finally take flight.
Over the next few weeks, the Democrats and the left-wing media will undoubtedly try to oppose this bill. They will come up with all sorts of reasons…
Sustained 3 percent economic growth in America – or higher – is entirely possible, and the Republican tax cuts will help get us there.
I applaud the House Ways and Means Committee for Tax Cuts & Jobs Act, another important step toward providing massive tax relief for the American people.
U.S. Economy Held Down By High Corporate Taxes
The U.S. economy has the potential to be high-flying, it just needs to be set loose.
Estimates are that federal regulations cost the economy $1.9 trillion each year, which is larger than Canada’s entire economy and comes out to about $15,000 per U.S. household.
How much of a problem is it when there is a deficit, or a negative imbalance, on current accounts? Let’s look at it.
One of the painful realities of our times is how long a political lie can survive, even after having been disproved. A classic example is the phrase “tax cuts for the rich,”
If eight years from now, President Trump can point to 19 million (or more) new jobs, Americans – and others around the world – will regard his presidency as a success.
Obama’s anemic economic plan of the pass eight yeas in already looking pathetic compared to Trump aggressive approach to the economy and jobs.
The problem is often masked in its enormity & it is extremely difficult to distill this down into manageable talking points, we are facing an extremely precarious state of affairs…
Some Americans support trade restrictions because they think there is a problem with having a trade deficit. Concern about a trade deficit is much ado about little…
With rent control proposals & minimum wage laws wonder if the economics profession has failed to educate the public in the most elementary economic lessons.
In predictable economic times, it makes sense—indeed it is essential—to put money aside and save for the coming rainy day.
Hillary’s Economic Plan, is to build on the success of the Obama economy and make Bill Clinton the advisor.
October 1987: The U.S. stock market collapsed 23 percent in one day, the largest one-day drop on record. For the rest of that year economists debated how deep the depression would be in 1988.
In this must-read article, economist Dr. Tracy Miller examines the impact (and consequences) of drastically raising the minimum wage and argues such an increase may not be beneficial to the…..
America’s 18- to 34-year-old “millennials” have been tutored in group-think schools that extol socialism. Now they lionize liberal politicians whose class-warfare prescriptions include taxing…..
Robert “Bob” Hayssen, supervisor for the Town of Varick, located in Seneca County, has announced that the Town of Varick and Seneca White Deer, Inc. (SWD), have struck a partnership to…..
Today, the average price for a gallon of gasoline in the United States is $1.89 and the price for a barrel of oil is around $32. Only a few years ago oil prices were near $100 per barrel.