Let’s be candid: fiscal conservatism has been abandoned in the age of Trump. Despite Republicans complaining about former President Barack Obama, the GOP has not fared any better. Case in point, the budget deficit. This week, the Treasury Department released new fiscal data and found that the budget gap widened to $691 billion in the […]
Archives for April 2019
Alan Greenspan sounds alarm over entitlements
Where was this Alan Greenspan when he was helming the Federal Reserve? In recent years, Greenspan has had his come-to-Jesus moment, complaining about every aspect of the state. It has been refreshing, but also head-scratching because pretty much endorsed all functions of government and their actions for 20 years at the central bank. Recently, speaking […]
Why is Stephen Moore caving to the press?
Why is Stephen Moore tergiversating on some of his so-called radical views? Say what you want about the former Wall Street Journal editorial writer, but Moore has advocated some pretty decent economic policies that would please Austrians. From advocating for a gold standard to calling the 16th Amendment the evilest law passed in the 20th […]
Random Friday: Uber, thumbs up, Hillary Clinton on Assange
News Story of the Day: Uber is set to file its initial public offering (IPO). It will likely trump Lyft’s, but it will inevitably suffer the same fate. Why? Its numbers are dreadful, and it will unlikely be in the black anytime soon. Just look at this figure: Uber’s loss from operations totals $12.1 billion […]
Larry Kudlow says Federal Reserve may not hike interest rates in his lifetime
The White House is actively petitioning the Federal Reserve to slash interest rates. President Donald Trump has been complaining for months that his administration is not getting the same accommodating as the previous administrations, going as far as calling out Fed Chair Jerome Powell in private and public. Despite denying that Trump had anything to […]