Inflation
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…
Legislature Votes to Raise Office Budgets at Taxpayers’ Expense
Only two days into the 88th Legislative Session, both legislative chambers made a mad dash to give their offices as much money as they could squeeze out of Texas taxpayers. Growing Government As expected, they used the usual excuses: to…
Festivus: Airing of Grievances
What is Festivus? Finding its origins in the hit ’90s sitcomΒ Seinfeld from an episode entitled “The Strike”, the character George Costanza’s family celebrates a holiday called Festivus as an alternative to Christmas, and a tongue-in-cheek protest to the commercialism surrounding…
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…
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…
Episode 5: Senate Committee Discusses Issues Important to Texas Taxpayers
Episode Description π° In this episode of π§ππ«π£ππ¬ππ₯ π§ππππ¦, we discuss the Biden administration gaffe on inflation and the Texas Senate Local Government Committee hearings this week where they discussed property tax reform and taxpayer-funded lobbying. Articles Referenced Senate…
Episode 1: Inflation, Surpluses, & Border Security (Premiere Episode)
Episode Description π° In our premiere episode of π§ππ«π£ππ¬ππ₯ π§ππππ¦, we discuss the recently projected $27 billion budget surplus that Texas state lawmakers will have the ability to allocate in the upcoming legislative session, the recently passed Inflation Reduction Act…
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…
Inflation Hits A New 40 Year High At 7.9%
Americans all across the country, including here in Texas, are suffering from the fiscally irresponsible policies administered by both the federal government and the Federal Reserve in response to the pandemic. The massive amounts of Quantitative Easing and stimulus dollars…
Explainer: What Is The Relationship Between Interest Rates and Inflation?
With the recent talk about inflation hitting 40-year highs at 7% this past week, there has been a lot of discussions specifically centered on what the Federal Reserve’s strategy is going to be in response. Most of you have probably…
Inflation Soars to 7% a 40 Year High
CPI data released this morning revealed that the year-over-year inflation rate has hit 7%. This is the highest rate experienced in 40 years (since 1982) in the USA and there is no sign that we will be inflecting downward…
Inflation hits 30 year high at 6.2% year over year according to CPI data.
According to CPI data released today, inflation has hit a 30 year high at 6.2% year over year. This has officially killed the narrative that “inflation is transitory” and will magically disappear according to the Federal Reserve. But what is…