February Sets U.S. Deficit Record
The Congressional Budget Office predicts a federal budget deficit of $223 billion for February, 2011, the largest monthly budget deficit ever recorded, according...
Economic Commentary
Touted Savings in Spending Proposals Misleading
According to the Congressional Budget Office, attempts by Senate Democrats to cut spending have...
Shutting Down Fannie and Freddie: Locking the Barn Door
It appears that there is at least one thing the Obama administration and the...
CNSNews: Gov’t Adds Another $63.7 Billion In Debt
The catastrophic news on the U.S. Government's debt keeps coming. Since Jan. 5, when...
Increasing Gas Prices: What’s Seen and Not Seen
With the national average price of gasoline hitting the highest level in history for...
The Great Recession and American Boomer Reality
In its extensive study of how the Boomer generation is faring, the Wall Street...
Interest On Debt To Quadruple Within 10 Years
Anyone who reads a newspaper knows the United States is financially doomed. Even reportage...
Obama Budget Sleight of Hand
Of all the explanations, statistics, projections, and conjecture about the Obama administration’s new budget,...
Deficit Expected to Surpass Size of U.S. Economy
Not only does President Barack Obama’s budget, released Monday, fail to make any real...
Economic Stimulus and Economic Stress
The U.S. economy's agony endures, as “economic stress” in December escalated, with foreclosure rates...
Are Living Standards Improving?
Five years ago Donald Boudreaux, Economics Professor at George Mason University and author of...
Bernanke Issues Warnings, Accepts No Blame
Federal Reserve Chairman Ben Bernanke’s address to the National Press Club on Thursday was...
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Is Breakfast Now a Luxury Item?
With the wholesale prices of orange juice and coffee increasing by 20 percent and...
Chrysler Loses Money, Pays Bonuses Anyway
On Sunday, millions of Super Bowl fans will most likely ignore the huge investment...
American Jobs Market in Peril
Forecasts made by the Bureau of Labor Statistics that the 2000s would yield nearly...
Myth: The Sky Will Fall if the Debt Ceiling Isn’t Raised
At this moment the national debt, according to the U.S. National Debt Clock, is...
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S&P Downgrades Japan: Harbinger for US
Standard and Poor’s gave plenty of reasons for its downgrade of Japan’s credit rating...
Financial Crisis Inquiry Commission Report: Classic Misdirection
After nearly two years of investigation, reviewing millions of documents and conducting hundreds of...
Housing Double-dip Is Here: Case-Shiller
One of the most-watched and highly regarded indices giving direction to the housing market...
Would Higher Taxes Help Cash-Strapped States?
The dire economic straits of the nation have prompted progressives to call for increased...
