Great Recession

Several major central banks around the world, including the Federal Reserve in the United States, have set a goal of two percent price inflation. The problem is, what central bankers are targeting is a phantom that does not exist.

The joke is that Jimmy Carter is happy that Barack Obama has replaced him as the worst President of the modern era. It is a supreme irony that Obama’s campaign theme was “Hope and Change” when Americans have lost a great deal of hope about their personal futures and the only change they want is to see Obama gone from office.

President Obama paints pretty pictures with flowery pro-growth and populist rhetoric. But the results are consistently the opposite of his promises.

The full bill for Obama’s failed economic policies has yet to arrive. But no such explosion of debt has ever escaped a day of reckoning, and no such monetary surge has ever had a happy ending.

A truly free market economy is one that tends to have the “good deflation,” and we should look forward to it.

Earlier this month, President Obama tried to change the subject from Obamacare by pitching some rhetoric on “equality” to rally his Far Left base. Not much thoughtful or helpful is…

With the collapse of the real estate bubble, many normally self-sufficient individuals and families found themselves not only out of work, but homeless. This caused a surge in the number of “tent cities” in the United States. To really help our fellow man, we should shift from enabling others to not work to insisting that they do.

Contrary to media reports, the decline has been slightly greater in the suburbs than in the historical cores.

In February, 2009, I wrote for the Wall Street Journal an article entitled Reaganomics versus Obamanomics. The article explained that the emerging Obamanomics was pursuing exactly the opposite of every policy of the…

“Do not blame Caesar, blame the people of Rome who have so enthusiastically acclaimed and adored him and rejoiced in their loss of freedom and danced in his path and…

Louis Woodhill, writing at Forbes magazine, pulls out a statistic I remember seeing a few months ago and that bears repeating. Read for yourself to get an idea of how…

Today is “Tax Freedom Day,” the day on which American’s stop working to fund government and start working to fund their own needs and wants. This is according to the…