Economy

Trump’s draining the swamp by cutting  taxes and regulations. And now the economy is booming.

But he’s slapping tariffs on friends and foes alike. Friends can get exemptions. But to do that they have to hire lobbyists to work the bureaucratic ma…

In this episode, I explain just one way the central bank has wrecked the economy as revealed by a couple of recent news items. It will help you understand why we really do need to end the Fed!

President Trump wants China to stop stealing technology and cheating on trade.
Trump Trade War
So he lowers the boom on allies with a 25% tariff on steel and aluminum?

But the only thing booming so far is the U.S. economy.

The post Trump Trade …

If you don’t understand what’s going on with the Federal Reserve, the national debt and rising interest rates, you don’t understand what going to happen to the economy. Hint – it isn’t good news. Another hint – Trump ain’t gonna fix it. Tom Woods and David Stockman break it down. Editors Note: This post was…

The unemployment rate fell below 4% for the first time in 18 years. Good news for Main Street. But Wall Street’s not so sure. Main Street Meets Wall Street The Fed hit its 2% inflation target. Will it raise interest rates more? Is Trump starting …

A woman walking her bicycle was hit and killed by a driverless Uber.  So Uber and Toyota stopped testing driverless cars. But GM still says it will have a fleet sans drivers on the road in 2019. Human Error Meanwhile The Atlantic estimates dr…

President Trump yesterday announced a 25% tariff on imported steel. Good news for American steelmakers but not so good for American Steel users. He also slapped aluminum with a 10% charge. The news came as a surprise to the stock market. The Dow displa…

Republicans pushed through a pro growth tax cut. But then they passed a budget full of deficit spending. On Face the Nation Rand Paul called his party hypocritical.
The End is Coming
Kevin Williamson at National Review calls Senator Paul “fantast…

Nancy Pelosi called Trump’s tax cuts for workers “crumbs”. Thousand dollar crumbs, but still crumbs. No doubt the House Minority Leader from San Francisco does have thousand dollar crumbs on her plate. By her lights those crumbs are a…

The Dow hit another record high yesterday.  Unemployment is at a record low. Though The Hill says the 4.1% rate is more like 8% when you include the underemployed. At any rate over half of those polled by CNBC  rated the economy as “goo…

It’s been a wild ride for bitcoin. According to Cointelegraph.com the crypto coin lost 40% of its value last week. It dropped from $20,078 to $11,833. But was it just a buying opportunity? Bitcoin bounced to $15,147 yesterday. Big Bitco…

President Trump won big on tax reform. And Nancy Pelosi became unhinged. Here’s some of what she had to say about the bill: End of the world… Armagedon…Brazen theft from the middle class…Raises taxes on 86 million middle cl…

Last week President Trump issued an executive order rolling back President Obama’s executive order to subsidize insurance companies.  The subsidies reimburse the companies for reducing certain out-of-pocket expenses to policy holders. The only problem is Congress refused to appropriate money for the subsidies. So Obama whipped out his pen and phone and and started spending

The post Insurance Companies’ Very Bad Week appeared first on Bokbluster.com.