News Release
April 2022 Job Gains Demonstrate Government Intervention Not Necessary
Today the federal government reported that the U.S. economy gained 428,000 jobs last month (similar to the number added in March). Those gains demonstrate…
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Fed Hikes Interest Rate: Bigger News on Bond Portfolio Mostly Neglected
The Fed this week announced a half percentage point hike in its federal funds rate. This is the right thing to do, but…
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This Week in Ridiculous Regulations
The economy shrank at an annualized 1.4 percent pace in the first quarter of 2022. The Department of Homeland Security announced a new…
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Sorting Out Some Confusion on Trade and GDP
While inflation is the biggest economic problem right now, trade policy is another reason why GDP shrank last quarter. It is also a…
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GDP Shrinks: The Good and the Bad
The advance estimate for 2022’s first quarter gross domestic product (GDP) is in, and the news is not good. Adjusting for inflation, GDP…
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This Week in Ridiculous Regulations
Air travelers no longer have to wear masks, although the decision is being appealed. Having solved all of the state’s other problems, Florida Republicans…