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by | Mar 31, 2022

When future historians look back on American industrial history, the fact that not one of the original 12 components of…

by | Jun 3, 2021

Some emergencies require an increase in government spending, but that comes with an understanding that the higher levels of spending…

by | Mar 24, 2021

Since the pandemic began early last year, the federal government has passed three stimulus packages totaling $5.15 trillion: including $2.35…

by | Feb 18, 2021

Stocks have surged, not despite coronavirus but because of government responses to it. While many paint these stock gains as…

by | Dec 10, 2020

The late historian Barbara Tuchman, in her work The March of Folly, chronicles how governments throughout history have regularly and…

by | Oct 28, 2020

Biden is dangerously confused about China and Russia. I am not talking about Biden’s confusion about the countries’ names, which,…

by | Sep 24, 2020

America’s national debt now stands at close to $27 trillion. According to a new report by the Congressional Budget Office,…

by | Aug 27, 2020

Intellectuals are supposed to speak truth to power. Unfortunately, some seem to be more interested in saying what everyone expects…

by | Aug 13, 2020

When revenue shrinks by 1 percent of GDP and spending increases by 51 percent over 10 months, you get a…

by | Jul 31, 2020

An update on U.S. GDP growth from the Bureau of Economic Analysis has confirmed what many observers were anticipating: the…

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