Feb 4, 2025
President Trump has just imposed rather large tariffs on our largest trading partners. He imposed a 25% tariff on imports from Mexico, a 25% tariff on Canadian imports except oil which got a 10% tariff and an additional 10% tariff on goods from China.
Jan 27, 2025
The Trump Administration realizes that the quickly growing national debt must be reduced. The current public debt exceeds $36 trillion, and the interest expense is approaching $1 trillion annually..
Jan 17, 2025
The Bureau of Labor Statistics just released the monthly increase in the Consumer Price Index for December. The number indicated that consumer prices increased by .4%. For the prior 12 months the CPI increased by 2.9%. Worse, the annual increase in the core CPI was 3.2%.
Jan 10, 2025
A recent study among faculty and students asked if the cost of higher education is a major issue. Surprisingly, nearly half of the faculty strongly agreed, while less than a third of the students strongly agreed.
Jan 6, 2025
While there has always been division in the U.S., since 2016 the country seems to be very strongly divided. That's when Donald J. Trump, a businessperson, not a politician, decided to run for President of the United States.
Dec 23, 2024
President elect and defacto President Donald Trump campaigned on reducing government spending to eventually balance the government budget and then reduce the public debt.
Dec 16, 2024
The Federal Reserve's Open Market committee will meet again this week to determine what the Federal Funds Rate should be. Most economists and nearly all of Wall Street expect the Fed to cut interest rates by another 25 basis points.
Dec 9, 2024
President-elect Trump has suggested a number of economic policies that he will work with Congress to implement early into his presidency. All of his policies are consistent with the core principles that made America the economic powerhouse that it is today.