By Rick Manning As originally published at http://www.foxnews.com/opinion/2017/03/17/will-be-adults-or-children-ugly-truth-about-americas-spending.html You can already hear the howling. Oh the humanity, Trump is killing Big Bird. The world is in danger of climate destruction, Trump is ending payments to the Green Climate Fund that pays off foreign governments to support radical environmental […]

By Robert Romano The debt ceiling is back. On March 15, Congress’ suspension of the debt ceiling ended, just as the national debt appears poised to top $20 trillion for the first time in U.S. history. What that means is the federal government cannot borrow any more […]

By Robert Romano The S&P 500 is up 9.5 percent since Nov. 9, 2016, a big jump for global stocks and asset prices that has already been touted the Trump rally, but is it for real? So early into President Donald Trump’s first year in office, naturally, it is […]

By Robert Romano Since 2000, the nearly $20 trillion national debt has exploded, growing a whopping 7.7 percent a year. But nominally — prior to adjusting for inflation — the U.S. economy has only grown at an average annual 3.94 percent rate. If those trends persist during the Trump administration, the debt could […]

By Robert Romano The past decade was the worst economy from a growth perspective in U.S. history. All the economy could manage was a pitiful 1.3316 percent average, inflation-adjusted growth a year. That was worse 1930 through 1939 at 1.3334 percent a year, according to data compiled by the Bureau of Economic Analysis . The slowdown runs […]

By Natalia Castro As the legislative branch begins considering ways to use the power of the purse, President Donald Trump’s newly appointed White House Office of Management and Budget Director Mick Mulvaney is weighing options on ways to cut $4 trillion U.S. budget. The New York Times released what […]

By Rick Manning What exactly was President Donald Trump doing at the Boeing plant in Charleston, South Carolina on Feb. 17? The simple answer is getting out of Washington and back to real America for a victory lap.  He had much to celebrate in his first month […]

By Robert Romano Treasury Secretary Steven Mnuchin in a conversation with International Monetary Fund (IMF) Director Christine LaGarde “underscored his expectation that the IMF provide frank and candid analysis of the exchange rate policies of IMF member countries,” according to a department spokesperson . That might sound innocuous, but it could actually […]

By Peter Hong Just a few weeks ago, April 2017 was ready to deliver a crushing blow to the economic health of Main Street America. The fiduciary rule was to take effect, thereby threatening for extinction hundreds of thousands of small-brokerages and independent insurance agents. […]

By Natalia Castro State and local governments have not been fiscally responsible, and with a federal government bailout ready at any time they have not had to be. However, as the growing pension crisis looms, U.S. Rep. Brian Babin (R-Texas) has introduced legislation to prevent the Federal Reserve from bailing out these reckless […]