September 19, 2017

Why the Democrats Oppose Economic Freedom

The seeds of the modern bureaucratic or administrative state go back to the Progressive Era of American history in the early 20th century. But progressive regulation morphed into the hyper-control of our present federal government during the New Deal. Modern students, whose history education has been directed by teachers who “accept” the reality of a […]

The Economic Cost of Harvey and Irma: $290 Billion

Hurricane Irma has slammed into Florida’s southern coast. More than two million are without power. The storm has been downgrade to a category one hurricane. We do not yet know the extent of the damage, but it’s safe to assume that it won’t be cheap. When you combine Harvey and Irma together, the cost is […]

Trump Hits 3 Percent Economic Growth – But It’s Not Covered By ABC, CBS, NBC.

The U.S. government estimated that the economy grew at an annual rate of 3 percent last quarter, but you wouldn’t know if you watched ABC, CBS, or NBC’s evening programs. The 3 percent figure was much higher than the 2.7 percent rate expected, and was the first time the GDP growth rate hit 3 percent […]

United States Imposed Severe Economic Sanctions Against Venezuela

President Donald J. Trump signed an Executive Order imposing strong, new financial sanctions on the dictatorship in Venezuela. The Statement by the Press Secretary on New Financial Sanctions on Venezuela The statement by the White House press secretary stated the following: “The Maduro dictatorship continues to deprive the Venezuelan people of food and medicine, imprison […]

It’s Official: Obama Presidency Had Worst Economic Growth in Modern Era – 4th Worst in History!

Jonathon M. Trugman at the New York Post reported this week that the final numbers for the Obama Administration are in and they are abysmal: On Thursday we closed the book on the Obama economic “miracle” — and it’s a miracle we are not in a recession. Last week the Commerce Department released its third revision […]

Economic Illiteracy: Sanders’ Reaction to Trump Carrier Deal as Backwards as You Might Expect – VIDEO

As Donald Trump and Mike Pence took their much-publicized victory lap at an Indiana manufacturing plant yesterday, Bernie Sanders — a supposed champion of working people — blasted the deal struck between the newly-elected Republican presidential ticket and Carrier to keep approximately 1,000 blue collar jobs in America. I’ll circle back to the substance behind Thursday’s splashy, celebratory announcement […]

Standing Ovation: Trump’s Economic Plan

Yes, Donald J. Trump has an economic plan. Last week, he received standing ovations and 10-second-long applauses from ordinary Americans who heard him explain how his plan will create more jobs than Hillary Clinton’s. “Donald Trump doesn’t have a plan! He’s all bluster and no muster,” is a common criticism of the GOP presidential nominee. […]

Reagan vs. Obama: How Capitalism Solves Economic Problems

Comparing the economic recoveries of Barack Obama and Ronald Reagan, as well as the presidents in between, data shows how the capitalist policies of Reagan’s were far more successful than the socialist policies of Obama and more successful than the less capitalist policies of George H. W Bush and Bill Clinton. Richard W. Rahn, writing […]

HUNGER In Venezuela – Declining Economic Freedom Has Consequences

TORONTO – The tragedy unfolding in Venezuela is a result of eroding economic freedom in that country over the past 40 years, according to a new publication released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “When governments reduce economic freedom, as they’ve done in Venezuela, first under crony capitalism and […]

Donald Trump Full Economic Plan Speech in Detroit, Michigan – FULL VIDEO

Mr. Trump in his speech in Detroit Michigan proposed widespread tax cuts for both individuals and corporations. Republican presidential nominee Donald Trump on Monday outlined a proposal to allow families to deduct child-care spending from their income taxes as part of a broader effort to slash taxes. Making child-care expenses fully deductible.  Mr. Trump’s economic-policy […]

Trump targets taxes, regulations in economic speech in Detroit

DETROIT/WASHINGTON (Reuters) – Republican presidential nominee Donald Trump on Monday sought to regain momentum with an economic speech in which he floated new tax breaks and cuts to regulation, as protesters repeatedly interrupted him. Trump said his plan would include imposing a temporary moratorium on new federal regulations, reducing rates for income and corporate taxes, […]

Bad Economic Growth Could Be Good News For Trump

With US economic predictions last Friday reporting sluggish and historically low growth, it could have some interesting implications for the ongoing presidential election. In a race featuring two drastically different economic platforms, the reported 1.2 percent growth rate in GDP this past week may pose some interesting questions for the two candidates. The economy and […]

Stephen Miller: Hillary Clinton a Corrupt ‘Economic Globalist’ Who Enriches Herself by ‘Selling Out America’ – AUDIO

During his appearance on Breitbart News Sunday, Stephen Miller, senior policy adviser to Donald Trump, finds Big Media’s coverage of the Brexit vote as unsatisfactory as its coverage of the U.S. presidential campaign. He cited CNN’s coverage of Trump’s major speech last week as an example. “Mr. Trump did a speech recently, laying out some […]

RISE OF GERMAN SUPERSTATE: EU MEMBERS TO DISSOLVE ARMIES SURRENDER ECONOMIC POWER

Has Britain avoided a ‘European superstate’? France and Germany ‘draw up plans to morph EU countries into one with control over members’ armies and economies’ France and Germany reported to have drawn up ‘superstate plan’ It would mean members give up armies and economic power to the EU Report ‘leaked’ in Poland where it has […]

3 Economic Facts That Counter Obama’s Recovery Narrative

President Barack Obama needs a reality check. Earlier this month in Indiana, he accused his critics of ignoring the “facts” and purporting “myths” about his economic record. But if Republicans are truly ignoring the facts, Obama should consider it a blessing. A quick look at the facts will show that Obama’s economic performance has been […]

The Truth About The Obama Administration’s Economic Recovery

According to a recent report by the Department of Commerce, the Gross Domestic Product (GDP) increased only 0.5% in the first quarter of 2016. This figure represents the lowest increase in the past two years and the third consecutive year beginning with a negative economic report. In fact, the economic stagnation of the Obama Administration […]

Obama fabricates a legacy of economic achievement

President Obama is using Whig history to shape the narrative arc of his economic achievements. In 1931, Herbert Butterfield, an Oxford University don, wrote a short book entitled The Whig Interpretation of History. It’s not on today’s NYT’s Best Seller list, but it does describe President Obama’s efforts to frame the economic policies of his […]

Saudi Arabia Threatens to Wage Economic Warfare Against the United States over a Bill in Congress

President Obama is facing increased pressure from the families of victims of the September 11 attacks and a bipartisan bill in Congress called Justice Against Sponsors of Terrorism Act that could hold Saudi Arabia responsible for any role in al Qaeda’s 9/11 attacks. The president left on April 19, 2016 for a trip to the […]

Ted Cruz’s full appearance on CNBC’s Squawk Box – Economic Policy and Job Growth

I know this is 46 minutes long, but you’ve got to watch at least part of it. It’s absolutely fantastic! You’ll walk away from this seeing that Ted Cruz completely understands economic policy and job growth in ways that Donald Trump never will. In fact, there is no way in hades that Donald Trump could […]

How Obama’s Policy is Stifling Economic Liberalization in Cuba

In April 2014, we argued: “Based on the lessons of history, those who still believe ‘self-employment’ licenses are ‘a step in the right direction’ toward capitalism, actually have all the more reason to support U.S. sanctions.” To understand why: First and foremost, from an economic perspective, the very concept of trade and investment in Cuba […]

THE SHAME OF SUBSTANDARD CARE: SHADOW ECONOMIC CRISIS (Part 3)

It is rare that politicians step into the nightmare of shame that is today’s nursing home industry in an effort to protect the innocent and condemn an industry rife with greed and substandard care. “Nursing homes are rapidly becoming nothing other than legalized scams…a place to ‘warehouse’ the elderly, suck away their money, treat them […]

The End Of Economic Liberty: “A War On Cash Won’t End Well”

These are strange monetary times, with negative interest rates and central bankers deemed to be masters of the universe. So maybe we shouldn’t be surprised that politicians and central bankers are now waging a war on cash. That’s right, policy makers in Europe and the U.S. want to make it harder for the hoi polloi […]

FDA AND THE SPREAD OF BRAIN DISEASES: SHADOW ECONOMIC CRISIS (Part 2)

The U.S. Food and Drug Administration (FDA), charged with the mandate to protect the public’s food supply, openly admits its liability in the deaths of Americans, mostly in the form of heart attacks. That is far from the full story. What the giant government agency hides is its culpability in the recent rise in brain […]

EPIDEMIC OF DEMENTIA: SHADOW ECONOMIC CRISIS (Part 1)

Anger builds at a government spending large in Washington using American’s tax dollars to become the world’s caretaker while abandoning its own people in need. Can America’s middle-class save itself, its families, and its elderly while being forced to financially support burgeoning groups of global dependents who seek America’s health care and welfare dollars? The […]

UNREAL: Obama Signs Executive Orders Lifting Economic Sanctions on Iran

VIENNA (AP) — The U.N. nuclear agency certified Saturday that Iran has met all of its commitments under last summer’s landmark nuclear deal, crowning years of U.S.-led efforts to crimp Iran’s ability to make atomic weapons. For Iran, the move lifts Western economic sanctions that have been in place for years, unlocking access to $100 […]

U.S. drops to 16th on ‘economic freedom’ list, behind Canada, Chile

The United States, ranked second in worldwide economic freedom as recently as 2000, has plummeted to 16th, according to a new report of world economies. The Fraser Institute’s annual report, Economic Freedom of the World, showed that the country’s drop started in 2010, the second year of the Obama administration. The world-recognized report showed that […]

Communist China Dumps U.S. Debt Amid Economic Turmoil

Facing an imploding stock market and the potential for even more widespread economic chaos, the dictatorship ruling mainland China — the top foreign holder of U.S. Treasury bonds — is selling U.S. debt to prop up the Chinese yuan (renminbi), according to news reports. The move, which has long been anticipated by analysts, could have […]

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