The Biden Administration is discussing hiking corporate taxes. While the goal is to ensure the “rich pay their fair share,” a look at history suggests changing tax rates will have little impact on economic outcomes.
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Janet Yellen’s latest commitment to support the Biden progressive agenda from higher taxes, to unionization, will not lead to increased economic prosperity. Instead it will lead to more outsourcing and offshoring of U.S. Labor.
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The media tells the story of a quickly improving labor market. Behind the scenes data reveal much more uncertainty.
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The Biden Administration is discussing hiking corporate taxes. While the goal is to ensure the “rich pay their fair share,” a look at history suggests changing tax rates will have little impact on economic outcomes.
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The latest NFIB survey data clearly shows we are in an economic “recovery” rather than an economic “boom.” The difference is quite important.
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The argument for increasing the minimum is to create a “livable wage” for those working at that level. However, does that help, or hurt, “the poor?”
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Last week, I joined Daniel Lacalle to discuss why markets are mistaken in pricing in a “massive” economic expansion.
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In December of 2019, I wrote about Dimon’s delusional view of economic realities. In 2021, after another bailout, his views remain detached from what the vast majority of American’s experience.
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Recently, the March jobs report showed a whopping 916,000 new jobs. Interestingly, there were some anomalies in the data and millions missing from the official count.
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Lacy Hunt at Hoisington Management has some interesting thoughts regarding the inflation debate and the potential for decelerating inflation.
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More debt equals less growth. In October, I discussed the “2nd Derivative Effect” and the ongoing cost of the stimulus. With the passage of the $1.9 trillion “American Rescue Plan,” will the math of debt to growth change?
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Home prices are running rampant. The national level average year-over-year increase is 11.2%. The Fed does not see this or count it if they do.
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Today, economic leaders base policies on a hoped-for utopia with bubbles called ‘growing markets’ and greed termed ‘good valuations’.
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Unlike the New Deal, Biden’s American Rescue Plan will only help the poor for one year. As is always the case, socialistic policies, sound great in theory, but rarely work as expected in reality.
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With the measure of money in the system, known as M2, is skyrocketing, is there a real threat of hyperinflation and a return to Weimer, Germany.
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Janet Yellen’s “Go Big” MMT plan may have a rude awakening when rising interest rates and inflationary pressures collides with a heavily indebted economy.
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Many believe the stock market is “making everyone rich.” The reality is that its the 10% who own the majority of stocks. Such is the result of the feedback loop between the Fed and the elite.
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There is much anticipation about the economy running “hot” with more stimulus. However, without a consistent injection of “sugar,” the economy will crash.
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Stimulus continues to flood the system and spending surged. With another package on the way, free money doesn’t solve long-term problems.
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A look at the many obstacles that lie in the way of the economy creating 10 million new jobs by the beginning of next year.
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Stimulus, mainly when it comes from debt, does not create organic economic growth. In the second part of this analysis, we delve into why Powell is wrong when he says more stimulus will solve the employment problem.
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There is a growing consensus in Washington the only way to fix the worst economic downturn in more than 70 years is by giving out more free money. However, the reason the previous programs failed is the stimulus doesn’t lead to organic growth.
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The Misunderstood Dynamics Of Negative Yields. Blackbeard Research delves into the differences between “money” and “currency.”
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The “moral hazard” fostered by the Fed’s ongoing monetary interventions has created an economy fraught with zombies and a pathway to “Japanification.”
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There is a large consensus that the massive monetary interventions in 2020 will lead to an explosion of economic growth, inflation, and interest rates. We suspect that the outcome of more debt-driven spending will lead to a disappointment in growth and disinflation instead.
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The post-pandemic savings level of Americans has been used to suggest an unprecedented level of security among Americans. The problem is that it is an illusion amid the reality of rising economic uncertainty.
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In September 2019, I wrote “NFIB Survey Trips Economic Alarms,” Of course, it was just…
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Why is the Euro currency so strong? It is not that everything is hunky-dory here because it definitely isn’t. But what about the dollar? Is it any better?
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A look at the path of the pandemic, the economic destruction it caused, and the five forces that will drive the economy in 2021 and beyond.
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After years of Central Bank interventions, stock markets have soared to record highs, while economic growth has remained weak. Mohamed El-Erian recently discussed the two primary risks heading into 2021.
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