inflation

While President Obama and congressional leaders are campaigning furiously to prevent the United States from going over the “fiscal cliff,” a combination of higher taxes and lower spending set to take effect Jan. 1, 2013.  I challenge that we have already passed the event horizon and all that is taking place now is grandstanding for the better position in [...]

The November 2012 presidential election is an important one and it ultimately comes down to two things: Jobs and the Truth.  During the 2nd presidential debate President Barack Obama used his record on job creation while addressing audience member Jeremy Epstein’s question to both candidates, “Am I going to be able to sufficiently support myself after I [...]

President Barack Obama has been using the September jobs report as an example of his success and proof that the economy is moving in the right direction.  He has been bragging, claiming that, “more Americans are entering the work force, and more people are getting jobs.”  The September unemployment rate fell to the lowest level in [...]

Economists on both sides of the aisle agree that this is one of the weakest recoveries since the  Great Depression.  New York Times economic columnist Paul Krugman, one of  President Obama’s early supporters, said, “This is still a terrible economy.”  The latest economic figures were worse than expected and are downright frightening.  Rick Santelli laments on the [...]

While the U.S. Postal Service prepares for its second default in two months Americans needs to be asking themselves if we really want to entrust the federal government with 20% of the nation’s economy and more importantly our lives.  President Barack Obama used $27 billion in incentives in his 2009 economic stimulus law to force hospitals and doctors’ offices to [...]

Democrats have been using a two-pronged tax attack on Republican Mitt Romney – one part policy, one part personal to help Obama capture the pivotal support from middle class voters.  Led by Barack Obama and Harry Reid, the Democrats have been acusing Romney for seeking to protect tax cuts for the wealthy and for refusing to release more information [...]

The November election is fast approaching, and even Saturday Night Live acknowledges how pivotal this juncture is for the future of America.  They offered a humorous look at the questions that undecided voters may still have. While outrageous, it does illustrate how important the so-called undecided vote matters. The media has focused on Mitt Romney describing almost [...]

The Federal Reserve announced that it would buy $40 billion every month in mortgage-backed securities until the labor market improves substantially.  The program, dubbed “QE3″, was called a “revolutionary shift in the Fed’s policy reaction function,” by senior economist at BMO Capital Markets in Toronto, Michael Gregory.  Helicopter Ben Bernanke’s new economic stimulus plan involves printing vast sums of [...]

How ironic, the U.S. national debt blows by a historic $16 Trillion during the Democratic National Convention (DNC).  U.S. government debt reached $16 trillion for the first time after rising $1 trillion since November, according to Treasury Department data.  The Democratic Party’s 2012 platform calls for future deficit reduction to exclusively come from tax hikes on [...]

Though the Democrats do not think THE question of this election is the same question that Ronald Reagan posed in 1980: “Are you better off now than you  were four years ago?”, it undoubtedly will play a key factor in who will reside in the White House in 2013.  While the Democrats admit that the recovery [...]