Japanese company Nippon Steel’s plan to purchase US Steel was bound to provoke a strong reaction from left- and right-wing economic nationalists. After all, US Steel was once the world’s largest company, and it was the first company to be valued at over a billion...
President Trump has proposed using the revenue from his increased tariffs to lower or even eliminate income taxes — with a priority on removing Americans making less than 200,000 dollars a year from the tax rolls. Exempting more Americans from income taxes — and...
The post-WWII geo-political outcome effectively determined the post-war global economic structure. Both are now undergoing huge change. What remains stuck fast however, is the general (Western) weltanschauung that everything must “change” only for it to stay the same....
In the November of 2024 presidential election, CNN exit polling indicated that Donald Trump won the support of 76 percent of voters who answered that in the past year inflation had caused their families “severe hardship.” Now, less than five months later, voters are...
Public opinion polls consistently show the economy is one of the top issues, if not the top issue, for American voters. This may strike some as odd, since official government statistics show low unemployment and declining price inflation, suggesting the Federal...
Sabrina Carpenter has been a star since she was 12, staring on Disney’s Girl Meets World. Now she’s a singer and, I’ve heard, she has broken records set by the Beatles. She’s recorded a catchy cover of Nancy Sinatra‘s 1965 hit “These Boots Are Made For...
The Penn Wharton Budget Model, a think tank headquartered at the University of Pennsylvania, recently released a study claiming former President Donald Trump’s economic plans would add about four trillion dollars to the national deficit over ten years while Vice...
Last week the national debt reached 35 trillion dollars, a mere seven months after the debt reached 34 trillion dollars. To put this in perspective, the national debt first reached one trillion dollars in October of 1981, almost 200 years after the Constitution’s...
The Deep State should have been alert five years ago when Candidate Joe Biden announced that he, if elected as president, was determined to make the Saudi rulers “pay the price, and make them in fact the pariah that they are.” Biden was blunt to the point of being...
President Biden may have recently made history as the first president to discuss snack chips in the State of the Union message. He used snack chips to illustrate the phenomenon of shrinkflation. Shrinkflation occurs when businesses reduce the amount of goods sold in...
According to the Federal Reserve, credit card delinquencies increased by 50 percent in 2023, while consumer debt grew to 17.5 trillion dollars. A recent survey by Clever Real Estate found that three in five Americans have credit card debt and that 23 percent of...
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