The Democrats’ War on Economic Abundance
Ever since the Great Depression of the 1930s, Democrats have been disparaging government support for the supply side of the economy. The supply side is that part of the economy … Read More
Tag: Economy
Concerning the state of a nation’s or the world’s economy.
How To Filter The Truth From Progressive Gaslighting
Recently, I wrote about how progressive Democrats were pervasively gaslighting the American people. By gaslighting, I mean the manipulation of people by psychological means into questioning their own sanity. Since … Read More
How to Fix What the Democrats Have Broken
After almost two years of controlling the executive branch and both houses of Congress, the Democrats’ have broken American society. Through their war on fossil fuels, their culture wars, their … Read More
Progressive Democrats Are Gaslighting the American People
Definition of Gaslighting: The manipulation of someone by psychological means into questioning their own sanity. For an extended period of time, the Democratic Party has been gaslighting the American people. … Read More
The Inflation Reduction Act Is an Economic Disaster
As has been widely noted, the Inflation Reduction Act of 2022 has nothing to do with inflation. At least, not directly. However, this act’s nonlinear effects on the economy will … Read More
What Can We Believe in the Debate on Inflation?
An ordinary citizen can hardly be blamed if he or she is confused about what is causing inflation. Democrats have pointed to many other villains other than themselves for the … Read More
How Much Destruction Will the Democratic Party Suffer in 2022?
To the astonishment of many, not only have Democrats adopted policies that have alienated much of the U.S. electorate, but they keep doubling down on their destructive policies. Not only … Read More
The U.S. Economy Is Melting Down in June 2022
For a variety of reasons, the rapid meltdown of the U.S. economy we are now experiencing will likely be far worse than anything experienced in living memory. The closest example … Read More
Biden’s Administration Should Take a Course in Economics 101
Over the last year, President Biden’s administration has repeatedly demonstrated a profound ignorance of basic economics. This ignorance shows their great need for an undergraduate college course in economics. Since … Read More
Why Republicans Would Be Better at Governing Than Progressive Democrats
Over the past year, I have repeatedly bashed progressive Democrats and Biden’s administration. Since progressive Democrats are now in power, this focus has been quite natural. However, widely available evidence … Read More
Failures in Progressive Thinking
I was reading an essay in Foreign Affairs magazine recently entitled The Broken Bargain. It was about the multifarious populist and nationalist revolts among Western electorates over the last few … Read More
Is China’s Imperialist Threat to the West Growing or Weakening?
NOTE: This post was updated on April 16, 2020. The explosion of the COVID-19 coronavirus on the international scene emphasizes yet again that China has no intention of merely coexisting … Read More
The Problems with the Coronavirus Aid Package
Recently, Congress passed and the President signed the Coronavirus Aid, Relief, and Economic Security Act, which also is called the CARES Act. It was designed to rescue the financial lives … Read More
Coronavirus Impact on the U.S.
The world has completely changed in less than half a year. Because of an irresponsible Chinese Communist Party, the Chinese coronavirus (COVID-19, also known as the Wuhan virus) has been … Read More
Comparing Economies of All Countries on Earth in 2018
2017 GDP per capita by Nation in constant 2010 U.S. Dollars. St. Louis Federal Reserve District Bank / GEOFRED In June of 2016, I wrote a post comparing economies of … Read More
What Progressives Don’t Get About Wealth Creation and Corporations
The progressive view of American corporations dating from the late 19th century. The Robber Barons, seated on bags of millions of dollars, are supported upon the backs of the workers. … Read More
U.S. Economy and Stock Markets, March 2018
Percent change in personal income excluding current transfer payments. The red line is the linear trend over the last two years of Obama’s administration, while the green line is the … Read More
What Makes A Nation’s GDP Distribution More Unequal?
World Map of the GINI Index, published on Wikipedia.com in 2014. The darker a nation’s color, the larger its GINI index and therefore the more unequal its income distribution of … Read More
The Economic Decay of the West
Romans during the Decadence by Thomas Couture. Is the West retracing the steps of the ancient Romans? Wikimedia Commons / Thomas Couture (1815-1879) I often get the feeling my fellow … Read More
Taxes and Hauser’s Law
Hauser’s Curve Image Credit: Wikimedia commons/Sugar-Baby-Love With a Republican tax bill having passed both houses of Congress and certain to be signed by the President, taxes … Read More
U.S. Economy and Stock Markets, November 2017
US real GDP growth from Q1 2009 to Q3 2017. The green line is a linear fit to the GDP over the three years from Q1 2014 to Q1 2017. … Read More
How Is Donald Trump Doing Economically in June 2017?
The time evolution of the Atlanta Federal Reserve Bank’s GDPNow forecast for the second quarter of 2017. Image and Data Credit: Atlanta Federal Reserve District Bank / Center for Quantitative … Read More
U.S. Economy and Stock Markets, May 2017
Alas! Real GDP growth is still trending downwards. Data and Image credit: St. Louis Federal Reserve District Bank / FRED It is now time to take our periodic look at … Read More
Lessons From The Developing World
An Indian plowman in West Bengal working in India’s largest industry: Agriculture Wikimedia Commons / ILRI In my last two posts, I have taken looks at the history of leftist … Read More
More Historical Lessons From Europe
GDP per capita in Europe in 2014. According to the World Bank, the U.S. GDP per capita in the same year was $54,540. Wikimedia Commons In this post, I will continue my … Read More
Historical Lessons on Economics and Politics
Revolutionary Images: Lessons to be avoided like the plague! Left: A barricade erected by revolutionaries in Moscow, 1905. Wikimedia Commons / Imperial War Museum Right: People’s Liberation Army entering Beijing, … Read More
Arguments Between the American Left and Right
Considerations (c) Can Stock Photo / radiantskies Today we are probably experiencing some of the most important clashes of ideas since the Age of Enlightenment. If … Read More
The Ideological Nature of Authoritarian Government
Josef Stalin and Adolf Hitler: One dictator of the Left and one of the Right? Photo Credit Stalin: Wikimedia Commons / Workers Library Publishers (1930) Photo Credit Hitler: Wikimedia Commons … Read More
Concerning Ethics, Economics, and Social Reality
Come now, and let us reason together … Isaiah 1:18 (c) Can Stock Photo / photography33 Following my post Will Automation Require Progressive Unemployment Solutions?, a reader called Cai left a comment … Read More
The Proposed Border Adjustment Tax
Incoming and outgoing international trade in San Francisco Bay Wikimedia Commons / National Oceanic and Atmospheric Administration Arguments over U.S. tax policies are moving toward a controversial tax proposal around … Read More