by Andrew Moran | Nov 22, 2023 | Articles, Business News, Good Reads, Opinion
Washington might be finding a new scapegoat to explain why the federal budget deficit is ballooning. The beauty of macroeconomics is that you can manipulate every data point to craft a narrative. Economist Paul Krugman recently employed this tactic to convince the...
by Andrew Moran | Jul 16, 2023 | Articles, Business News, Opinion
Over the past year, President Joe Biden has been taking victory laps – despite stumbling along the way. He claims to have cut the budget deficit, something that not even his allies in the mainstream press believed. Now that much of the pandemic-era spending has...
by Andrew Moran | Jan 29, 2023 | Articles, Business News, Good Reads, Opinion
The policies being inflicted on the 40 million residents in California are so popular that Gov. Gavin Newsom (D) is going to punish those who are fleeing the state. The card-carrying members of Gavination are proposing a wealth tax to help plug the gaping hole in the...
by Andrew Moran | Oct 26, 2022 | Articles, Business News, Good Reads, Opinion
Legendary economist Thomas Sowell wrote in a National Review op-ed in 2012, “All of us should be on guard against beliefs that flatter ourselves. At the very least, we should check such beliefs against facts.” In other words, politicians enjoy gaslighting...
by Andrew Moran | Sep 19, 2022 | Articles, Economic Affairs News, Good Reads, Opinion
President Joe Biden recently told a White House crowd celebrating the passage of the Inflation Reduction Act, “We spend, but we pay.” However, the numbers surrounding the budget deficit contradict this notion, suggesting the statement is as nonsensical as...