Category: AMERICAN ECONOMY

  • IT’S THE BIDEN ECONOMY, STUPID

    “An economist is an expert who will know tomorrow why the thing he predicted yesterday did not happen today.” -Lawrence Peter Introduction Under the Biden administration, the role of government in the economy has undergone its biggest shift since Franklin Roosevelts “New Deal” in the 1930’s. Rather than fear of debt and inflation, the policy […]

  • BIDENS RECKLESS SPENDING IS DESTROYING AMERICA

    “Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair!” Sam Ewing Introduction Stagflation is a word that was coined in the 1970’s by combining the two words stagnation and inflation. It describes an economy which is slowing down while at the same […]

  • BILLIONS FOR UKRAINE WHILE AMERICANS SUFFER INFLATION & RECESSION

    “The obscure we see eventually. The completely apparent may take longer.” -Edward Murrow Introduction On May 19, 2022 the Senate blocked a $48 billion relief package for small businesses while, on the same day, approving a $40 billion aid package for Ukraine. Inflation Exploding While Growth Is Slowing Under the Biden administration, the role of […]

  • BIDEN’S INFLATION IS NOT “TRANSITORY”

    “Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair!” -Sam Ewing Introduction CNBC defined “hyperinflation” as a “condition of rapidly rising prices that can ruin currencies and bring down whole economies.” During most of 2021, Federal Reserve Chair Jerome Powell and Treasury […]