Once again, the federal government is spending more money that it raises and is placing the people of the United States in danger of permanent indebtedness.

Sadly, it appears that President Trump has bought into the idea that the Federal Reserve can create real prosperity by artificially keeping interest rates low.

Acting DHS Secretary Elaine Duke approved a waiver of the Jones Act, which will allow the shipment of emergency relief supplies to Puerto Rico on foreign ships.

Fed Chairman Janet Yellen claims she cannot understand why inflation remains so low. Perhaps she should first properly define "inflation."

The president of the Federal Reserve Bank of New York, William Dudley, said on Friday that, on net, the destruction wrought by the hurricanes Harvery and Irma will be positive for the economy.

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