A new Gallup report shows a rise in support—and even admiration—for President Donald Trump, details James Freeman in the WSJ. For more than 70 years the survey organization has been asking Americans which man and which woman in the world they admire most. Jeffrey Jones of Gallup reports: Barack Obama and Donald Trump are tied this […]
Under Trump Bigger Pay Increases for Lower-Paid Employees
Short supply of labor, minimum-wage rises and increased poaching have helped lift wages for lower-income workers writes Eric Morath and Jeffrey Sparshott of the WSJ (abridged): Bigger Rank-and-file workers are getting bigger raises this year—at least in percentage terms—than bosses. Wages for the typical worker—nonsupervisory employees who account for 82% of the workforce—are rising at […]
Super Saturday sales the latest sign Trump’s economy is unstoppable
Super Saturday logged the highest level of sales in US retail history writes Kevin Downs of the New York Post (abridged): Democrats have been warning of a recession, but evidence that the economy remains strong keeps growing. The latest: Super Saturday — or Panic Saturday, as shoppers think of the Saturday before Christmas — logged the highest […]
Can You Live Forever? How about Your Investment Portfolio?
A recent study performed by Australian scientists found that the human genome predicts the species’ lifespan to be about 38 years. Modern scientific discoveries and improvements in the standard of living have increased that to about 72 years worldwide and much higher in some developed countries. It should come as no surprise that the longer […]
Guess How California’s Politicians Are Strangling Main Street Business Owners Today
Restaurants in Sacramento are closing up shop citing the impending Jan 1, 2020 minimum wage hike in California. Some of these institutions have been in business for decades. The new hourly minimum wage will rise to $13. Compare California’s min wage to the “open for business” state of Utah. The Beehive state has a minimum […]
Big Macs or Sit-Down Service
Today, you can lend $10,000 to the U.S. government, which just closed its books for the year with a deficit of almost $1 trillion, and lock in an income stream of about twelve dollars per month for the next decade. That’s enough to treat yourself and the wife to a couple of Big Macs once […]
Here’s the Frightening Future Warren and AOC Plan for America’s Economy
Named the “Just Society,” plan, it sounds like something right out of the Eastern Bloc circa the 1960s. The plan, created by AOC and endorsed heartily by Democrat presidential primary candidate Elizabeth Warren, is just as you would expect it to be, a massive wealth transfer from people who have worked hard to make their […]
The Road to Serfdom: Solutions for Today’s Problems
Kai Weiss, a research fellow at the Austrian Economics Center, explains to readers of The American Conservative the power of the solutions to today’s problems found in the classic social science book, The Road to Serfdom, by Friedrich August von Hayek. Weiss writes (abridged): It isn’t often that a social science book sells hundreds of […]
Two Ways Out for America: Debasement or Default
At The American Conservative, Bill Bergman makes the case for Judy Shelton joining the Fed. While doing so, Bergman highlights that the American budget of today looks eerily similar to the budget of the Soviet Union in the days when Shelton was predicting the communist nation’s imminent collapse. Bergman writes (abridged): As a young researcher […]
The Fourth—and Most Dangerous—Investment Super Cycle of My Career
I have now been working in the investment industry for 55 years, and over that time I have lived through four stock market super cycles, including the present, and most dangerous one. I explained the four cycles in March 2011, writing: Stock Market Super cycles I assure you, I do not plan to get gored […]
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