Here is another great example of the death of common sense: raising the minimum wage to "help the poor."
Once a new president is installed in the White House, how is he or she likely to handle the economy?
OPEC was producing crude oil at top rates to force the U.S. oil shale industry to back off. But oil prices have dropped, and Saudis are now in a financial bind.
Under the Obama administration, the national debt grows by $1 trillion every year, and when this catches up to us, the country will suffer greatly.
Senator Rand Paul (R-Ky.) reports that he is “about seven votes short” of the 60 votes he believes would be procedurally sufficient to get a vote in the Senate.
California’s pension plans are reporting dismal results, and the fund is now about $100 billion short of meeting its future obligations.
During a speaking tour of Australia, Cleveland Federal Reserve officer Loretta Mester confirmed the Fed's plan to issue "helicopter money."
The economy is still being force-fed a diet of easy money and low interest rates nearly 10 years after the Federal Reserve began its historic onslaught of loose monetary policy — and the economic growth that that is supposed to take place simply is not happening.
U.S. Trade Representative Michael Froman is optimistic that Congress will approve the Trans-Pacific Partnership (TPP) this year.