Feb 18, 2025
Historically, when determining how much the federal government is spending annually, a process known as incremental budgeting has been used. This means that the next year's budget is based on a certain incremental increase above the current year budget.
Feb 11, 2025
Over the last four years, the Biden Administration wreaked havoc upon the American economy. Regulatory costs totaled approximately $1.4 trillion for the private sector in 2024 alone, and the inflationary effects of this government overreach were compounded by a series of...
Feb 4, 2025
President Trump has just imposed rather large tariffs on our largest trading partners. He imposed a 25% tariff on imports from Mexico, a 25% tariff on Canadian imports except oil which got a 10% tariff and an additional 10% tariff on goods from China.
Jan 27, 2025
The Trump Administration realizes that the quickly growing national debt must be reduced. The current public debt exceeds $36 trillion, and the interest expense is approaching $1 trillion annually..
Jan 17, 2025
The Bureau of Labor Statistics just released the monthly increase in the Consumer Price Index for December. The number indicated that consumer prices increased by .4%. For the prior 12 months the CPI increased by 2.9%. Worse, the annual increase in the core CPI was 3.2%.
Jan 10, 2025
A recent study among faculty and students asked if the cost of higher education is a major issue. Surprisingly, nearly half of the faculty strongly agreed, while less than a third of the students strongly agreed.
Jan 6, 2025
While there has always been division in the U.S., since 2016 the country seems to be very strongly divided. That's when Donald J. Trump, a businessperson, not a politician, decided to run for President of the United States.
Dec 23, 2024
President elect and defacto President Donald Trump campaigned on reducing government spending to eventually balance the government budget and then reduce the public debt.