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Economy

Federal Debt Surges in July as Trump’s Spending Spree Continues

Throughout a July 20 interview, on CBS’ “Face the Nation,” Commerce Secretary Howard Lutnick made an unbelievable declare. He bragged that the US was gathering near $30 billion a month in tariffs....

Why Trump’s Tariffs Make No Sense and a Counterproduct to MAGA

Trump’s tariffs are aimed (partly) at rising employment in the USA’ manufacturing business. In...

The New Anti-Communists: Daughters of Union Veterans of the Civil Conflict

The Daughters of Union Veterans of the Civil Conflict group has joined with the...

Inflation by Design: How Keynesian Dogma Undermines Capitalism

In a lot of the world, inflation is not an exception, it's the rule....

The Federal Debt Simply Jumped $409 Billion in Two Days (Up to date)

UPDATED: On the second day because the Republicans raised the debt ceiling, the federal authorities added one other 43 billion to yesterday’s $355 billion...

The CBO Isn’t Allowed to Forecast an Inflationary Debt Disaster

Longtime followers of infeneo (and its related InFi podcast) know that I'm no good friend of Trendy Financial Idea (MMT). My chief criticism is...

The US Financial system (Just like the UK, Japanese, and German Economies) Is Shrinking

The worldwide economic system continues to gradual and stagnate as GDP numbers within the US, UK, Germany, and Japan all present ongoing financial weak...

Revolutionary Inflation: A Menace to the Reason for Independence

In a earlier article, I detailed how battle—even in the course of the American Revolution—contributed to centralization of energy and statism, together with larger...

Persevering with Unemployment Claims Attain New Submit-Covid Excessive

The job market is freezing up. Whereas we’re not but seeing a pattern towards widespread layoffs, it's more and more tough to get employed....

The Bid-Ask Unfold in Housing and “Pulte’s Law”

Bureaucrats are well-known for his or her financial illiteracy, however few have displayed it with such obtrusive buffoonery as Invoice Pulte, the present Director...

The Deficit Surged Once more in Might and Is Nonetheless on Monitor for a $2 Trillion Deficit in 2025

Many supporters of President Trump throughout April claimed that the administration was slashing the federal deficit, pointing to rising tax revenues that occurred throughout...

The Homeownership Charge Is Decrease Now than it Was 45 Years In the past

For greater than 80 years—because the days of the New Deal—the US federal authorities has launched into all kinds of insurance policies that had...

Employment Stagnation Drives Hiring All the way down to Close to Ten-Yr Low (Ex Covid)

Final week, we examined how half of the brand new jobs added in June had been authorities jobs, in accordance with the official information....

Half of June’s Job Progress Was in Authorities. Manufacturing Jobs Fall.

In response to new employment totals launched at present by the Bureau of Labor Statistics, the US economic system added an estimated 147,000 payroll...

Curiosity Charges Rise Once more as Treasury Public sale Comes Up Quick

The US authorities is on monitor to borrow greater than two trillion {dollars} this yr, however that’s going to require a whole lot of...

Spain within the Darkish: Chronicle of a Foretold Blackout

On April 28, 2025, the Spanish inhabitants skilled an unprecedented occasion. The nation’s electrical energy provide was minimize off, leading to a blackout. However...

Congress Ought to Abolish the Fed for Failing to Obtain Its Mandates

As I mentioned on this article, Congress has given the Fed a “triple mandate” to keep up 1) most employment; 2) a secure worth...

Why Elon Musk Is Proper: The Case In opposition to Subsidizing Amtrak

Based 54 years in the past, Amtrak set out on a daring journey to see if passenger trains might be worthwhile. Quick ahead to...
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