Kentucky Republican Senator Rand Paul has officially become a United States presidential contender. After years of speculation, the Tea Party favorite could lead the Republican Party to a White House win in 2016. Despite his flip-flopping on several issues and repeatedly jumping from the libertarian to the antiquated GOP brand, Paul is still a better […]
Archives for April 2015
Chart: U.S. savings rate falls by half since 2012
The United States national savings rate was slowly climbing soon after the economic collapse. In the middle of 2012, consumers were stashing away 11 percent of their income. However, with the illusion that the economy is getting better, consumers’ appetites for borrowing has become fierce, which also means their appetite for saving has diminished. According […]
David Stockman: Federal Reserve’s 15 years of reckless policy leaves U.S. empty-handed
The last 15 years in the United States haven’t exactly been rosy, and it has left the country in a precarious situation. Due to the Federal Reserve and Congress’s reckless policies of the past decade and a half – $4 trillion of freshly printed money, $700 billion in TARP, $800 billion of fiscal stimulus and […]
Want in-depth updates on U.S. minimum wage? There’s a website for that
There is a growing movement in many states across the Union that calls for the state legislatures to impose a higher minimum wage. The arbitrary numbers range from $10.10 per hour to $15, and anti-poverty activists say this will help millions of people earn a so-called “living wage.” It’s a dubious initiative as it only […]
Rand Paul gets heated with NBC ‘Today’ anchor
Kentucky Republican Senator Rand Paul has officially thrown his name into the hat to become the next President of the United States in 2016. It has been a busy couple of days as he has released his campaign ideas, held a presidential campaign launch and got into a heated interview with NBC “Today” anchor Savannah […]