This Independence Day, Remember We Fought A War Over Taxes

Taxation has always been an integral part of a nation’s economic system, enabling governments to fund public services and fulfill their obligations. The Revolutionary War marked a turning point in American history, as colonists fought for independence from British rule….


Federal Reserve Raises Interest Rates: FOMC Meeting Analysis

The Federal Open Market Committee (FOMC) met today to discuss the state of the U.S. economy and monetary policy. According to recent indicators, the U.S. economy is experiencing modest growth in spending and production, while job gains have picked up…


The Fed Raises Rates Again

Today, the Federal Open Market Committee released the minutes from their most recent meeting. The most significant news was that they hiked the interest rate by 25 basis points to give us a total federal rate of 4.5% (up from…


Congress “Gifts” U.S. Taxpayers With Less Prosperity Right Before Christmas

While much of the nation is currently engulfed in severe winter weather in the week leading up to Christmas, one that is also likely already marked by much more expensive family gatherings, food, and gifts all due to historic inflation,…


Updated CPI Numbers Show Inflation Is Sticking Around

On Thursday, new Consumer Price Index (CPI) data was released by the U.S. Bureau of Labor and Statistics, ultimately indicating that the current historic inflation is not going away any time soon and continues to reduce the purchasing power of…


Biden Caught in Another ‘Quid Pro Joe’

Where is the outrage for the many obviously corrupt business and political dealings of Joe Biden? In the last week, the government of Saudi Arabia made public that U.S. President Joe Biden was engaged in yet another quid pro quo—or,…


Inflation Increase Is More Than Expected

Consumer Price Index (CPI) data for the month of September was released Thursday morning, and with it came more bad news with regard to our economic outlook. Inflation (year over year) came in at 8.2%. Though this is down from…


Yet Another Somber Debt Milestone

$31 trillion. Written another way, $31,000,000,000,000. Sadly, milestones like these seem to have become all too regular. They are almost as certain as the political theatre performed by the U.S. Congress every few months over whether or not to raise…


Abbott Refuses to Relinquish Power, Extends COVID Emergency Again

Yesterday, Abbott renewed his COVID disaster declaration for another 30 days. Texas is now lagging behind the rest of the nation as one of only 12 states that have refused to lay down their unconstitutional executive power. This marks the…


Explainer: What Is the World Economic Forum?

For the last few years, it’s been hard to go to a grassroots gathering without at least a mention of the World Economic Forum or a quote from the infamous Klaus Schwab. If you haven’t heard of the World Economic…


Higher Education Escapes Culpability in Student Loan Debt Forgiveness Debate

Last week, the Biden administration announced plans to eliminate a portion of student loan debt for Americans who qualify under a certain income threshold. To be clear, the plan collectivizes the debt incurred by individuals and further burdens U.S. taxpayers….


Student Loan Forgiveness: Potential Fuel to the Inflation Fire

Why pay off your debt if you can get your fellow Americans to pick up the tab? Traditionally, if an individual takes out a loan, it is with the promise that it will be paid back. But evidently, that dynamic…


They Dare Not Call it a Recession

Thursday, Americans woke up to the news that the U.S. economy continued to contract for the second straight quarter. For Americans who have been experiencing a higher cost of living in the last year or so, it is not necessarily…


Biden Administration Floats Federal Student Loan Forgiveness

On Monday, President Biden met with members of the Congressional Hispanic Caucus, where among other issues he mentioned that his administration is looking into options to forgive a substantial but unspecified amount of federal student loan debt. Earlier this month,…


Inflation Hits a 40 Year High… Again

The latest Consumer Price Index (CPI) data released Tuesday reveals that year-over-year inflation for the month of March hit 8.5%. This was a 1.2% increase from the previous month of February. Inflation has become a major problem for most Americans…