What did Americans spend on during the July-to-September period? Well, one of the biggest expenditures for consumers was healthcare, particularly the Affordable Care Act (ACA), otherwise colloquially known as Obamacare. The Bureau of Economic Analysis (BEA) released third-quarter data pertaining to personal consumption spending. The top five items were: – Motor Vehicle and Parts ($170 […]
Archives for December 2017
Can China learn from Murray Rothbard’s ‘America’s Great Depression’?
By: Richard M. Ebeling When Murray Rothbard’s America’s Great Depression first appeared in print in 1963, the economics profession was still completely dominated by the Keynesian Revolution that began in the 1930s. Rothbard, instead, employed the “Austrian” approach to money and the business cycle to explain the causes for the Great Depression, and to analyze the misguided and […]
Is Trump’s America First national security strategy different from the last 16 years?
Candidate Donald Trump may have been less hawkish than Hillary Clinton during the 2016 election, but President Donald Trump is still continuing the foreign policy of the last 50 years: interventions. On Monday, the president unveiled his national security strategy and delivered a complementary speech. Trump may want to change the status quo of the […]
WATCH: CNN giggles at Trump drinking water
If the media did not have double standards, it would not have any standards at all. On Tuesday, CNN anchors Chris Cuomo and Aliysn Camerota giggled like little school girls over the way President Donald Trump drinks his water. For the second time in the last few weeks, President Trump has had to use two […]
New York City mandates businesses to offer flexible schedules for staff
If it weren’t for Wall Street, would New York City still be around? Considering the inane policies emanating from the likes of Bill De Blasio and other City Council members, you would need to wonder if the City That Never Sleeps would decay into its own leftist filth. The city will now mandate NYC businesses […]