United States President Donald Trump is channeling his inner Keynes again. After months of speculation that his planned $1 trillion infrastructure project, something that Democrats like Paul Krugman have championed for years, was just campaign talk, the president reaffirmed his commitment, and provided some more specifics on Tuesday. Speaking at a town-hall style event with […]
Archives for April 2017
4 reasons to not fear Jeb Bush’s ominous robotic takeover warning
Jeb! is afraid of a robotic takeover. Former Florida Republican Governor and failed presidential candidate Jeb Bush (Jeb!) warned that robots will eventually wipe out human jobs in the labor market, noting that this isn’t a prognostication out of a science-fiction novel. “The looming challenge of automation and artificial intelligence and the rapid advancement of […]
Housing Bubble 2.0: Homeowners tapping into equity at fastest rate in 8 years
Do you want another sign that the housing bubble is 2006 all over again? Here is one: homeowners are tapping into their equity at the fastest rate in eight years. Thanks to the printing press at the Federal Reserve, home prices are surging, and this is providing homeowners with immense equity. In 2016, homeowners garnered […]
Report: Toronto buyers skipping home inspections as bidding wars intensify
It looks like Toronto homebuyers are so desperate to enter the market that they are skipping the home inspection process, says a new report from the Financial Post. This is a trend that screams housing bubble in the Big Smoke. As the average detached home in Toronto comes with a price-tag of $1.21 million, homeowners […]
Study: MLB franchises received $1.41 billion from U.S. taxpayers since 2000
One of the greatest times of the year has finally arrived: the start of the Major League Baseball season. Will Boston Red Sox ace David Price have another poor year? Will the Chicago Cubs reign supreme for the second straight year? Will the Atlanta Braves finally be relevant again? Who knows what will happen in […]