by Andrew Moran | Feb 10, 2020 | Articles, Economic Affairs News, Politics
It is budget week in America, the time of the year when you are reminded of how monstrous the bureaucratic machine is and how entitled politicians feel to your hard-earned tax dollars. Despite years of lamenting President Barack Obama and the Democrats for their...
by Andrew Moran | Jan 7, 2020 | Articles, Economic Affairs News, Politics
We ended a raucous decade with a bang, and now, according to one White House official, we start a new decade with a roar. With a booming stock market, robust employment, and consumers ready to gorge, 2020 might be one of the best years in the nation’s economic...
by Andrew Moran | Dec 15, 2019 | Articles, Columns, Economic Affairs News, Politics
Death By 750 Cuts The Federal Reserve recently concluded its last policy meeting for 2019 and the Federal Open Market Committee (FOMC) unanimously left interest rates unchanged at a target range of 1.50% to 1.75%. The U.S. central bank’s dot-plot – a forecast of 12...
by Andrew Moran | Nov 17, 2019 | Articles, Business News, Columns, Economic Affairs News, Politics
Got DSA? How do you smash capitalism? That is easy: Spend $20 on a Democratic Socialists of America (DSA) t-shirt, $15 on a DSA coffee mug, and $10 on a button that reads “Workers Create All Wealth,” which is a premise that defies basic economics. It is great to see...
by Andrew Moran | Sep 22, 2019 | Articles, Business News, Columns, Economic Affairs News, Politics
The Japanese Takeover The Treasury Department released the latest foreign holdings data of US debt. The main headline was that Japan widened its lead over China as the top holder of Treasurys in July. Tokyo added roughly $8 billion to $1.13 trillion, while Beijing...