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economy

Obesity Is Hurting the U.S. Economy in Surprising Ways

Obesity is weighing on the U.S. economy.  As a panel of scientists considers ways to help Americans trim down, unpublished research shows medical expenses linked to being extremely overweight have skyrocketed. Experts say the damage is augmented by reduced productivity, wider gender and income inequality and even higher transportation costs. While the biggest consequence is […] Continue reading →

End of Welfare for Billionaires…maybe?

John Ransom,   Federal Reserve Vice Chairman Stanley Fisher told an economic forum on Friday that the Fed would likely look to interest rates hikes in June or September but that economic developments could change that, thereby declaring the impending end of an era of easy money. “I don’t think there is an emphasis on June […] Continue reading →

The fatal flaw in the Iran deal

Charles Krauthammer,  WASHINGTON — A sunset clause?  The news from the nuclear talks with Iran was already troubling. Iran was being granted the “right to enrich.” It would be allowed to retain and spin thousands of centrifuges. It could continue construction of the Arak plutonium reactor. Yet so thoroughly was Iran stonewalling International Atomic Energy […] Continue reading →

How Much More Economic Pain Can Vladimir Putin Take?

It looks like the one-two punch of sanctions and cheap oil are about to wreck Russia.   It’s been a little more than six months since the full brunt of Western sanctions took force against Russia. The punishment, while slow in coming, has proven devastatingly effective—especially when paired with the crash in oil prices. Last summer, of course, […] Continue reading →

You Blew It! More Saving Will Ruin the Economy?

Mark Skousen,  “If everyone saved more, we’d have a problem.” – Robert Shiller Last week, in promoting a new edition of “Irrational Exuberance,” Robert Shiller, a Nobel Prize-winning economist from Yale University, said he is encouraging his students to save more, because the “golden age of investing” is over and investors will need to save […] Continue reading →

Media Accepting Obama’s Spin on the Economy

Roger Aronoff,  With as many lies and distortions that proceed from this scandal-plagued administration, one might think that mainstream reporters would turn a skeptical eye toward another one of President Obama’s carefully crafted narratives. Each narrative is designed to push “progressive” policies or to cover up administration mismanagement. But our corrupt media reflexively cheer whenever […] Continue reading →

The Simple Logic of Wealth Creation

By Lucien,  Consider the total wealth of this country, say 165 years ago.  In 1850, the country was the same geographical size as it is today, excluding Hawaii and Alaska.  The population was approximately 23 million people that year.  There were no paved roads, tall buildings, or airports.  Electrical power generation did not exist.  Indoor […] Continue reading →

Obama Admin. Says Muslims Join ISIS Because They Lack Job Opportunities

State Department says killing people builds economies. Last night on the Chris Matthews Show, State Department Spokesperson Marie Harf demonstrated the mental disorder afflicting government bureaucrats. “We’re killing a lot of them and we’re going to keep killing more of them,” Harf said. “So are the Egyptians, so are the Jordanians. They’re in this fight […] Continue reading →

President Obama’s Redistributionomics

Conn Carroll,  President Obama’s foreign policy interview with Vox.com received far more attention than its domestic policy counterpart this week, but even though the domestic interview did not break any real news, it did provide Obama a forum to crystallize his case for “middle-class economics,” which as the passage below shows, is really just all about government redistribution: Ezra Klein: To […] Continue reading →