Donald Trump is searching for a running mate. The arduous search will consist of intensive vetting, discussions on policies and perhaps the petting of Trump’s hair. Reports suggest that the Trump presidential campaign has a list of five or six potential running mates. Florida Senator (and water bottle) Marco Rubio has confirmed that he is […]
Archives for May 2016
Of Course the US Government Will Default on Its Debt
By: Tho Bishop Last week Donald Trump set the financial punditry class aflame with his suggestion that the United States may end up asking lenders to take a haircut on its debt obligations. The resulting firestorm created a race to see who could come up with the strongest condemnation of Trump, David Ader of CRT […]
CBO report blames minimum wage, education for high youth unemployment rate
If you want young people to be unemployed then you have a minimum wage and you increase it. This is why youth jobless rates in the Western world are so high, including in the United States, which is 14 percent (government figures). The minimum wage is compulsory unemployment, and even more so for young people. […]
Why is buying a home so expensive? Blame government regulations
The excessive money printing and low interest rate environment are bulking up the price-tag of houses across the United States. But another factor has come into play that could affect your next home purchase: government regulations. According to a new report from the National Association of Home Builders (NAHB), a portion of the cost of […]
Is Donald Trump in favor of printing money to avoid a default?
Donald Trump has generated a lot of headlines in the past several days over his remarks about the national debt. Although he didn’t say it was going to be public policy if he should enter the White House, Trump noted that the United States could buy back the debt at discounts. Now, this garnered a […]