GDP beat second quarter estimates of 1 percent easily. However, the BEA revised first quarter growth down from 1.7% to 1.1%. Is this a good thing, a bad thing, or nonsense?
Like Don Quixote tilting at windmills, President Obama is on a mission. With the Environmental Protection Agency as his sidekick, he is launching an all-out offensive to drastically cut carbon dioxide emissions.
At its best, a job interview is like free therapy, where you can receive valuable feedback on your career and your life from a person who is better than you because they have a job and you don't.
Dodd-Frank turned 3 this month. Mark Calabria, with the Cato Institute, joined the program to discuss the burden Dodd-Frank has placed on the economy.
In one of the least genuine acts in recent econ-political times, President Obama is said to be proposing a new "grand bargain" with an emphasis on cutting taxes on corporations while reforming (read: raising) tax revenue from small businesses
Much of his speech was tax-spend-and-regulate boilerplate, but he did repackage some of his ideas into a so-called grand bargain.
Much was made this week about the AP survey on the economy, economic, insecurity, and poverty, but more time should have been put into the discussion. The work is serious news with greater ramifications than Friday's jobs report, which will reflect AP's findings but only touch the surface.
It's a mixed bag of retail PMI news in Europe today (assuming of course one believes that spending is good).
The President is hoping that these moves will increase revenues enough to allow the creation of millions of government “shovel ready” jobs. So. . . Get the shovels out: Our economy’s grave isn’t going to dig itself.
Recently I interviewed Peter Greer via skype to talk about philanthropy, and why it often makes things worse. Peter is the President and CEO of Hope International, which is a microfinance organization.
Obamacare is a failure. And now Detroit is looking at using it to help reduce their debt. (This will turn out real well.) Brent Littlefield joined the program to discuss the mentality of the modern Democrat.
For those of you who are unfamiliar with the term “mailbox money,” allow yourself to be enlightened. Do you remember when you lost your first tooth as a young child? In many households, there is the traditional placement of the tooth under the pillow which is a clear signal for the tooth fairy to go into action.
North Korea staged a large parade to celebrate the 60thanniversary of the Korean War Armistice. Chinese Vice President Li Yuanchao took the salute with Kim Jong Un on the 27th and returned to China on the 28th.
In an interview last week about Detroit’s bankruptcy, I explained that the city got in trouble because of growing dependency and an ever-rising burden of government spending. I also warned that the federal government faces the same challenge.
David R. Kotok, Cumberland Advisors Inc.’s chairman and chief investment officer believes Municipals Cheap After Detroit Filing. Municipal bonds are an “outrageous bargain” in the wake of Detroit’s bankruptcy filing, according to David R. Kotok, Cumberland Advisors Inc.’s chairman and chief investment officer. Kotok bases his arguments on a comparison on General Obligation Yields to US Treasuries.