Today, it seems like we’re more in 2006 than in 2017. A Republican is president of the United States, stocks are surging, consumers are borrowing at soaring rates and debt and deficits will suddenly become a major issue for the Democrats. Oh, and Americans are flipping houses again, an investment tactic that was a trademark […]
Archives for January 2017
Donald Trump Prepares for New Pentagon Spending Binge
By: Ryan McMaken Chinese Billionaire Jack Ma has some advice for the US government: If the US is so concerned about industry and jobs, it should try starting fewer wars and spending trillions of dollars on them. Ma spoke at the World Economic Forum in Davos last week, saying: “In the past 30 years, America […]
Breaking: Dow hits record high of 20,000
Well, it has finally happened. The Dow Jones Industrial Averages (DJIA) touched 20,000 by gaining more than 100 points during the early start to Wednesday’s trading session. This has been fueled by United States President Donald Trump’s plans to spend $1 trillion on infrastructure and to move ahead with building a wall to keep people […]
Do good teachers want school choice? (video)
For decades, pushed by the unions, federal and state governments have spent hundreds of billions of dollars on government education. Despite the quality of education deteriorating, test scores on the decline and enrollment hardly going up, taxpayers are forced to spend more money on a failing system. And the unions have the temerity to demand […]
Will Donald Trump support Democrats’ $1 trillion infrastructure spending plan?
There is no doubt that Donald Trump has gone full Keynesian as he wants to spend $1 trillion on infrastructure over the next 10 years. One of his advisors, Steve Bannon, wanted to replicate FDR’s government spending projects and embrace the idea of Napoleon economics (digging ditches). According to new reports, Senate Democrats are getting […]