A week after National Economic Council (NEC) director Gary Cohn stepped down over his disagreement with President Donald Trump on the issue of tariffs, it is being reported that Cohn’s successor has been chosen. According to CNBC, Larry Kudlow will be named the new NEC chairman by Thursday. Here is the tweet: BREAKING: President Trump […]
Archives for March 2018
Hey, Trump, manufacturing jobs are overrated
By: Ryan McMaken One of the reasons that Donald Trump gives for slapping new protectionist tariffs on steel and aluminum is that it will create manufacturing jobs, and by extension, greatly enhance income growth and standards of living in the United States. Trump is capitalizing on an enduring myth of American economic history in which […]
The arrogance of Hillary Clinton on full display in India
Macedonians. Former FBI director James Comey. Senator Bernie Sanders (I-VT). Former President Barack Obama. Russian trolls. For the last 15 months, former Secretary of State Hillary Clinton has blamed everyone and everything on planet Earth for her defeat. The woman who will never become president has yet to look in the mirror to determine why […]
Hungary repatriating $130 million worth of gold from London
Europe is in political turmoil now. The migrant crisis, nations wanting to leave the European Union (EU), economies weakening, and debt levels surging. It is a bad time to reside on the continent. Is this why yet another central bank is repatriating its gold? Last week, the Hungarian National Bank (MNB) announced that it is […]
Price inflation jumps in February, U.S. Dollar Index falls under 90
Inflation picked up in February, but it was not as fierce as it was in January. According to the Bureau of Labor Statistics (BLS), the consumer-price index (CPI) rose 0.2 percent last month, down from 0.5 percent in January. The 12-month reading through February shows that the CPI climbed 2.2 percent, up from 2.1 percent […]