By Bill Wilson — One almost feels bad for Paul Krugman, who in recent days appears like the brilliant student in class who spots meaningful relationships between different sets of data, but then fails to fully apply the concepts. Of late, the New York Times columnist and […]
By Bill Wilson — This significant, .4 percent final revision of the 2ndquarter Gross Domestic Product measurement calls into question whether we are seeing more data manipulation by this Administration. Going into the political conventions in August, this same Commerce Department produced a picture of a slightly […]
By Bill Wilson — Is competitive currency debasement by central banks causing a global economic contraction? According to data published by the International Monetary Fund , exports worldwide are down in 2012 by an annualized rate of 1.8 percent, led by a 2.6 decrease in emerging and developing economies. Put another way, worldwide exports in 2011 […]
By Bill Wilson — There’s a convenient explanation for the boo birds that rained down on U.S. Speaker John Boehner during last month’s Republican National Convention. According to the GOP insiders, the incident wasn’t a big deal – a mere smattering of discontent emanating exclusively from supporters […]
By Bill Wilson — Mitt Romney is not backing away from comments he made at a May 17 fundraiser in Boca Raton, Florida fundraiser, captured on video, that Barack Obama’s base consists of half of Americans who do not pay income taxes, “who believe that they are […]
By Bill Wilson — So much for the separation of powers. Thanks to federal court rulings, even if Mitt Romney prevails in Nov., he will be hard-pressed to unilaterally rein in regulatory overreach by the Environmental Protection Agency (EPA). The problems at the agency are fixable, but […]
By Bill Wilson — Obama’s unilateral gutting of the welfare work requirements under the federal welfare law renews his attempt to create an entitlement society where individuals are dependent upon the largesse of government rather than on their own initiative to live and thrive. In looking closely […]
By Bill Wilson — As CNBC host Larry Kudlow is fond of pointing out, the Federal Reserve cannot print jobs. And based on the past performance of its prior $2 trillion of quantitative easing (QE), it is hard to imagine just how another $480 billion a year […]
