For those who are unconcerned about inflation and instead worried about deflation then this chart compiled by Reuters using figures from the Bureau of Labor Statistics (BLS) should be quite interesting. It shows price inflation reaching double digits since the financial crisis in 2008. Notice how everything has gone up from housing to education.
Archives for November 2014
Obama’s part-time jobs nation creating a crisis for millions
Right now, the United States is celebrating because the unemployment rate has dipped below six percent. President Obama has touted that the overall economy is improving and many Americans are now better off than they were when he first entered the White House in 2009. However, when one looks behind those numbers, there is a terrible […]
Is the Fed’s concern over Wall Street volatility a sign of QE4?
The Federal Reserve debated in its meeting late last month whether or not to officially comment on the volatility that transpired in the stock market between September and October. Although the United States central bank is mandated to ensure a stable labor market and consumer prices, it is prevalent that the Fed monitors financial developments […]
Supercut Video: All of #GruberGate videos in just two minutes
Jonathan Gruber, one of the architects of the Affordable Care Act (ACA), thinks the American voters are too stupid and need to be lied to in order to help them. Known as #GruberGate, the Obama administration is in damage control and, once again, trying to lie to the American people and to the media claiming […]
Democratic senators urge Federal Reserve to be free of Wall Street insiders
It isn’t just libertarians and Austrian economists lambasting the Federal Reserve System. Democratic Massachusetts Senator Elizabeth Warren and Democratic West Virginia Senator Joe Manchin wrote in the Wall Street Journal on Tuesday that the Fed seems more concerned about protecting Wall Street than the rest of the country. They added that the Fed Board of Governors should […]