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With the Federal Government’s fiscal year rapidly coming to an end on September 30th, Congress must pass a “continuing resolution,” on spending, or once again face a partial government shutdown. This continuing resolution is essentially a temporary spending bill,...
After months of significant declines in CPI inflation, today the CPI (Consumer Price Index) numbers for August showed a resurgence of inflation in the U.S. In August, the CPI rose by 0.6 percent on a seasonally adjusted basis, marking a notable increase compared to...
The US economy under President Biden continued its mellow pace in August, as Americans continued to strain under the burdens of record inflation, rising interest rates, and economic uncertainty. The U.S. Bureau of Labor Statistics released its raw jobs report...
$33 trillion. Written another way, $33,000,000,000,000. The U.S. National Debt is estimated to surpass $33 trillion in a matter of days. Sadly, milestones like these seem to have become all too regular. Just one year ago I wrote a similar article discussing the somber...
Highlights Free-market capitalism is the best way to let people prosper. We need more of it in America. Instead, big government actions in D.C. have resulted in a dire economic situation. Find out how and what to do about it in this economic brief. Figure...
Introduction In the realm of global finance and economics, the potential introduction of a gold-backed currency by the BRICS countries—Brazil, Russia, India, China, and South Africa—has gained attention as a potential challenge to the established fiat dollar system....