Government Shutdown Again? Nah
Today as Congressional talks on the border wall continue but look unlikely to produce the $5.7 billion funding the President has asked...
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The Government Shutdown and its Cost
So the numbers are now out from the CBO about the cost of the longest government shutdown in US history. The five week shutdown cost us...
And the Expansion continues
The December jobs report released this past Friday showed a US economy exhibiting remarkable resilience in spite of a number of...
Inflation looms... no, a Recession is the problem... or wait
The end of 2018 witnessed very large volatility in stocks and formally put the economy in Bear Market territory - a collapse in stock...
The Border Wall: Government Shutdown Game 2.0
Earlier this year I had a blog post on the government shutdown and modeled it as a modified game of chicken with ensuing predictions that...
Trump vs Powell: Who is right about the economy?
The Powell-led Federal Open Market Committee (FOMC) raised the benchmark interest rate to a target of 2.25 - 2.5 percent this month,...
A ‘Blip’ or Sign of a Slowdown? US Unemployment Rate Climbs to 4%
The Bureau of Labor Statistics (BLS) just released data for the month of June showing that while the economy added 213,000 jobs, the...
Defying Inflation: When Does an Expansion Become Overheating?
The Unemployment rate for May just dropped to a historically low 3.8%, its lowest since 1969! This is great news, or is it? The business...
Tariffs Bring Solar Panel Jobs to the Buckeye State
Should we care that trade is globally inefficient when we impose tariffs on foreign imports if such tariffs allow us to increase...
The Fed and the Political Business Cycle: A Cursory Look
So the Fed left interest rates unchanged in May in a year in which most economists predicted that the interest rates would rise several...
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