By Robert Romano The Organization of the Petroleum Exporting Countries (OPEC) still cannot come to terms with cutting oil production at its latest meeting Doha, Qatar over the weekend. This, despite months-long low demand for crude oil amid a weakening global economy that has led to a dramatic correction in oil prices — dropping more than […]

By Robert Romano Voters in the UK may be ready to leave the European Union (EU), a new poll conducted by ICM from April 8 through April 10 finds , with 45 percent favoring what has been dubbed a “Brexit.” So, naturally, days later the Bank of England has issued a fresh warning that such a move by Britain would […]

By Robert Romano In the 2000s, a common complaint against China was its weak peg against the dollar and its accumulation of foreign exchange reserves including dollar-denominated assets, which devalued the yuan against the dollar, cheapening the prices of its exports to the U.S. while increasing the […]

By Robert Romano “We do not get to add 16 years of deficits and then add that to one year of Gross Domestic Product (GDP), which is what is being done there. If we close the trade deficit then ceteris paribus … we might be able to […]

By Robert Romano A piece on currency manipulation by this author, “China and the world’s trade war against the U.S. — and why we’re losing” apparently warranted a response from the popular economics blog, Cafe Hayek, “An Open Letter to Robert Romano,” by George Mason University Economics Professor Donald Boudreaux. It is quite an honor, actually. Professor Boudreaux is world-renowned in his field, and usually one has […]

By Robert Romano The U.S. has been in a trade war with the rest of the world for years. We just have not been fighting back. Foreign investors and governments currently hold about $6.2 trillion of U.S. treasuries , $872 billion of so-called agency debt (mostly Fannie and Freddie mortgage securities), $3.2 trillion of corporate debt and $6.2 trillion of corporate stocks in Dec. 2015, according to data compiled by the U.S. Department of Treasury. […]

By Robert Romano Since 2000 labor force participation in the U.S. — that is, the percent of people working or looking for work — which has been dropping almost every single year, from an unadjusted average annual 67.07 percent in 2000 to 62.65 percent in 2015. The […]

By Robert Romano A combination of globalization and automation is eroding labor force participation in the U.S., leading to an economy that is growing less, a labor force that is working less and a nation that is weakening internally as communities, families and individuals fail to adapt […]

March 29, 2016, Fairfax, Va.—Americans for Limited Government President Rick Manning today issued the following statement calling on the Missouri legislature to pass Senate Bill 919 which advances economic liberty and free market principles in Missouri: “Senator Schmitt’s SB 919 empowers local retailers to increase their choices about refrigerated shelf […]

By Rick Manning Should the federal government encourage pension funds and other federally sanctioned retirement vehicles to engage in politically correct, socially conscious investing? The answer is yes according to a guidance document recently released by the U.S. Department of Labor which oversees all private employer pension […]