The economic growth rate during each of the last eight presidential administrations (beginning with Eisenhower's) was lowest during Obama’s term in office, January 2009 through October 2015, an era of multiple tax hikes and pervasive regulatory expansion.
Wolf Richter of Wolf Street is half right: AVs will displace millions. But he is wrong when he suggests they'll be out of work.
A planned trillion-dollar initiative would send more American companies and jobs overseas, and bring more Chinese investment, more foreign workers, and more refugees here.
Pressure from above and below: At the Federal Reserve’s Jackson Hole summit, central bankers sat down with street revolutionaries to give the impression there is popular support for their plans to raid the savings and investments of the middle classes worldwide.
The Federal Reserve's recent Jackson Hole conference provides another danger sign of planned economic havoc on the near horizon.
Despite historically low interest rates, a massive increase in the money supply, and persistent deficit spending, the U.S. economy is growing at a subnormal rate. What's behind it all?
In an article published by Inter Press Service (IPS) on August 8, Joseph Chamie — who was once the director of the United Nations Population Division — noted the increasing number of nations worldwide where there is a “demographic turning point” occurring where children in a population become fewer than its elderly.
Once a new president is installed in the White House, how is he or she likely to handle the economy?
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.