By: Ryan McMaken In an interview on Bloomberg TV Monday, David Stockman explained the Trump phenomenon as a “repudiation” of the failed economic policy that presently dominates Washington. In the course of the interview, however, one of the Bloomberg commentators returned to well-worn bullet points and claimed “we’ve created, like, millions of jobs” since the last […]
Archives for March 2016
Federal Reserve donates to Hillary Clinton, Ted Cruz campaigns
Is the Federal Reserve politically independent? Ha! When someone says the United States central bank is independent of politics, everyone should just laugh hysterically. It couldn’t be further from the truth. Everything the Fed does is based on politics, and it has been since its inception. From budget deficits to funding of government programs, the […]
Want to afford a home? Move to Pittsburgh or Cleveland, avoid San Francisco
In order to afford a median-priced home in some of the major cities in the United States, the average American will need to earn more than $51,000 per year. Mortgage information website HSH.com released a new study that listed what you would need to earn to afford the principal, interest, taxes and insurance payments on […]
20 quotes from economist Thomas Sowell
Thomas Sowell is a legendary economist that is as much celebrated as Milton Friedman. He has written numerous books, essays and articles over the years. Some of them include “Basic Economics,” “The Thomas Sowell Reader,” “Intellectuals and Society” and the list goes on. He still writes to this date for an array of outlets, including […]
Video: Donald Trump can get away with anything – insults Chris Christie as ‘absentee governor’
One would think that the average presidential candidate wouldn’t insult big time politicians that endorse you for president. Well, Donald Trump isn’t exactly the average, conventional presidential candidate. He pretty much gets away with anything as his polling numbers suggest. The latest incident came when he arrived in Ohio, where he called Governor John Kasich […]