Small businesses are the lifeblood of the economy and appear to enjoy bipartisan support in Congress. Yet the amount of rules and regulations they are saddled with has grown dramatically over the years, depressing entrepreneurship and innovation. To combat the problem, Occam's Razor applies.
During the first eight months of FY 2016, the Treasury Department collected a record amount of taxes.
Entrepreneur Elon Musk has discovered its easier and more profitable to transfer his companies' risks to the taxpayer than to bear them himself.
Another dream from Obama — this one to be more "generous" with Social Security — will only hasten the demise of that scheme.
Obama's promise to "change" America is being fulfilled, as the environment for business has increasingly become more hostile.
With the battle over a proposed $15 federal minimum wage raging, job losses are sure to be forthcoming — from not just traditional downsizing, but as has been seen in China and at restaurant trade shows, robots.
A coalition of Republican lawmakers introduced a bill in Congress that would prohibit any federal or “funny-money” funding to bail out to state, county, local, or territorial governments across the United States. If the legislation is approved, the prohibition would apply to bailouts by both the Obama administration's Treasury and the “independent” Federal Reserve System, which in recent years has conjured trillions of dollars into existence out of thin air to bail out mega-banks and other cronies in America and worldwide. Some analysts, though, are skeptical of the motives.
Canadian members of Parliament are concerned about the potential subjection of their citizens' private banking data to the U.S.'s PATRIOT Act surveillance.
With China leading the way by selling a record $187 billion of U.S. treasuries in 2015, a massive global liquidation continued during January and February of this year. What does this mean for the U.S. economy?
Citing concerns about about a possible economic crisis and a desire for monetary stability, the State of Tennessee is now officially on record supporting the establishment of a depository facility to house gold and other precious metals for Tennesseans. In a remarkable example of bi-partisanship on serious issues, the resolution passed unanimously in both the state House and Senate before being signed by the governor. But more work remains, according to pro-Constitution and sound money activists supporting the efforts.