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Economy

The United States central bank, the Federal Reserve, kicked off an anticipated series of interest rate cuts on Wednesday. The cut was said to be a larger-than-usual half-percentage-point reduction that Federal Reserve Chair Jerome Powell said was meant to show policymakers’ commitment to sustaining a low unemployment rate now that inflation has …

We aren’t supposed to question anything that the Federal Reserve does.  We are just supposed to quietly accept their decisions and move on.  Sadly, most Americans don’t even realize that the Federal Reserve has far more power over the economy than anyone else does.  We often talk about the “Biden …

Economist Thomas DiLorenzo presented and economics talk on how not to deal with an economic depression, something that virtually every congressman and president for decades has ignored. Sadly, most Americans don’t grasp economics either as evidenced by our country’s massive credit card debt. This was presented at “Recovery or Stagnation?,” …

Unsustainable. The country is going bankrupt. Trump is the only path forward. CBO: Federal Interest Payments Now Exceed Defense Spending (Forbes) Federal Debt: The Ticking Bomb in Your Wallet By: Heritage, July 19, 2024 Buy All-American! Bring health and vitality back to your body with these non-transdermal patches Get your …

Large businesses are declaring bankruptcy at a staggering rate, and yet we are being told over and over again that the economy is just fine.  Needless to say, most of the country isn’t buying it.  Survey after survey has shown that most Americans believe that the economy is on the wrong …

Hundreds of millions of dollars are being spent to persuade the American people to vote for either Kamala Harris or Donald Trump.  But ultimately two things are probably going to matter more than anything else.  Millions of Americans will be basing their votes on how they currently feel about the …

Warren Buffett did not become a billionaire by being stupid.  According to Forbes, Buffett is worth more than 144 billion dollars, and that makes him one of the wealthiest men in the entire world.  He made his money in the stock market, and so why is he now pulling money out …

When U.S. consumers are doing well, the U.S. economy does well.  But of course, the opposite is also true.  When U.S. consumers are not doing well, the U.S. economy really suffers.  The government has been trying really hard to put a happy face on things, but the truth is that …

It is incredibly sad to watch the U.S. economy slowly but surely come apart at the seams all around us.  For most of our history, the rest of the world marveled at our economic performance, and that is because we embraced economic values that led to great blessing.  In recent …

When we were young, most of us believed that we would achieve “the American Dream” someday.  Today, two-thirds of us believe that the American Dream is unattainable.  That is a searing indictment of a system that is coming apart at the seams right in front of our eyes.  As a …