Michael Busler

Michael Busler

Apr 22, 2024
Biden's EV Policy Will Slow Innovation
President Biden believes that Americans should be driving electric vehicles rather than those with gasoline powered engines. His plan was to offer incentives to both consumers and car manufacturers that would increase the number of EVs produced and sold.

Apr 16, 2024
Illegals a Net Drain on, Not a Boost for, US Economy
Since 2021, it is estimated that up to 10 million immigrants have illegally entered the U.S., although some estimates are much higher. Once these people enter the country, they must find a means of support.

Apr 10, 2024
With CPI Up, Fed Must Now Raise Interest Rates
The Consumer Price Index for March was just released. The monthly CPI number indicated that overall consumer prices roses by 0.4% in March, the same increase as the prior month. For the last year consumer prices have increased 3.5% up from 3.2% last month.

Apr 5, 2024
Strong Jobs Data Means More Inflation, No Cuts
The U.S. economy added a whopping 303,000 jobs in March beating economists' expectations of about 200,000 jobs. The unemployment rate dipped to 3.8%. This news coupled with the rising inflation numbers mean more inflation ahead and no interest rate cuts this year.

Apr 1, 2024
April Fools: Minimum Wage Increases to $20
Starting on April Fool's Day, the minimum wage for all workers in the fast-food industry in California will increase to $20 per hour. Apart from fast food workers employed at airports, hotels, event centers, theme parks and museums, the $20 affects all workers.

Mar 25, 2024
The Incredible Donald Trump
Donald Trump will be the Republican Party's nominee for President of the United States. This is truly remarkable. Fighting forceful headwinds, Trump was able to gain the support of his party. According to the polls, if the election was held today, he would easily win.

Mar 19, 2024
No Rate Cuts This Year. Maybe a Couple of Hikes.
The Federal Reserve's Open Market Committee is holding their March meeting today. At the end of last year, most investors believed that inflation was continuing to fall, and the Fed would cut interest rates six times in 2024.

Mar 13, 2024
Biden Budget? Tax and Spend, Here We Go Again
President Biden has proposed his budget for fiscal year 2025. This proposal will increase government spending by more than 12% above fiscal 2024. He will raise taxes on corporations and the wealthy who he says are not paying their fair share.I

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