What is the difference between a Republican and a Democrat? One is power and the other one isn’t. Aside from that, when it comes to basic principles and the meat and potatoes, the two parties are a lot alike. This is why many say there is just a one-party system: the welfare-warfare party. Case in […]
Archives for March 2018
BREAKING: Donald Trump to slap 25% tariffs on steel, 10% on aluminum
Isn’t it a lot better when President Donald Trump just tweets what he thinks rather than implement policy? On Thursday, the president informed U.S. aluminum and steel executives that the federal government will slap new tariffs on imports of these products, MarketWatch reports. Moving forward, the White House will establish a 25 percent tariff on […]
Why Camping Out To Buy Stuff Is a Rarity in a Market Economy
By: Brian Balfour For college basketball fans, the excitement of “March Madness” is just around the corner. March marks the beginning of the mesmerizing three-week tournament to crown a college hoops champion, an event packed with buzzer-beaters, upsets, and office bracket pools across the nation. Duke University’s basketball program, one of the traditional favorites to win […]
Donald Trump wants to raise tariffs on aluminum, steel imports
President Donald Trump is tweeting again, and this time it is in relation to economic ignorance. On Thursday, the president threatened to raise tariffs on aluminum and steel imports as a way to protect these industries in the U.S. He tweeted: Our Steel and Aluminum industries (and many others) have been decimated by decades of […]
Peter Schiff: ‘It’s only a matter of time’ before Federal Reserve launches QE4
The Federal Reserve is gradually raising interest rates. Although the U.S. central bank plans to raise rates three times this year, the market is beginning to pencil in a total of four in 2018. A rising-rate environment is bad for a few groups, particularly borrowers and the stock market. After a decade of historically low […]