U.S. Economy

In order to compete with China and boost growth, the United States must better balance the software and hardware components of its economy.

The cold, hard truth is that tariffs are bad for the GOP and even worse for America.

The Federal Reserve’s primary economic policy tool is also a macro-signal of the economy’s health.  These days, the Federal Reserve faces a balancing act on how to use its interest...

Combined tax cuts and tariffs on imports will only increase the national debt and inflation.  It was said of the Bourbons upon their restoration after the French Revolution and the...

China began 2025 by escalating its economic conflict with the United States, further intensifying the ongoing trade war. In anticipation of President-elect Donald Trump’s entry into the Oval Office, a...

Chinese companies are on the move. Facing increasing tariffs on Chinese goods under the Biden administration, such as those on steel and aluminum, Chinese manufacturers responded by increasingly moving production...

Much of the commentary in the political press since Donald Trump won the election on November 5 has touted the supposed flood of U.S. crude oil production, which his new...

There is good news and bad news on the inflation front. The good news is that inflation has come down from its May 2022 high of 9 percent to close...

H. L. Mencken, the late American journalist, famously wrote that “Democracy is the theory that the common people know what they want, and deserve to get it good and hard.”...

Proposals for a federally based sovereign wealth fund (SWF) have emerged almost simultaneously, though separately from the Biden White House and the Trump campaign. Such pools of money usually invest...

The Congressional Budget Office (CBO) just announced that the federal budget ran in the red by a whopping $1.8 trillion during fiscal year 2024. Even for Washington, that is a...

Imagine paying hundreds of dollars more each year for everyday items like groceries, clothing, and electronics. This is exactly what would happen if former President Trump’s proposed trade policies become...