By Rick Manning The first week of July is normally a nice quiet news time, when the people can turn their thoughts toward vacation with family, fireworks, and fun.  Here are a few things that you might’ve missed. The unemployment rate headlines were joyous and Wall Street […]

By Rick Manning The monthly downward revisions of the nation’s economic growth show that instead of the originally reported .1 percent increase, the economy actually shrank by an annualized 2.9 percent in the first quarter of 2014.  A result that has economic forecasters running back to their […]

By Rick Manning The federal government released the good news that revenue collections have reached an all-time high with total receipts of $1.935 trillion from October 1, 2013 to the end of May. The federal government projects that total federal government revenues for the entire year will reach just slightly more than $3 […]

By Robert Romano Formerly unknown congressional candidate Dave Brat has been in the headlines ever since he ousted soon-to-be former House Majority Leader Rep. Eric Cantor for Virginia’s 7th Congressional District Republican nomination. Now, Brat faces an even greater challenge in the general election. First up is […]

By Robert Romano In real terms, once adjusting for inflation, the U.S. economy in the first quarter contracted by 1 percent. According to the Bureau of Economic Analysis , the drop was fueled by “negative contributions from private inventory investment, exports, nonresidential fixed investment, state and local government spending, and residential fixed investment that […]

By Rick Manning “Playing with fire,” is how the International Monetary Fund’s chief economist, Oliver Blanchard characterized the United Kingdom’s budget cutting policies a year ago.  Today, the UK has the most robust economic growth of any of the G7 economies at 2.9 percent this year. This […]

By Rick Manning Trade policy discussions often end up in debates between perceived winners and losers with big businesses anxious to enter new markets pushing for “free trade” and protectionists arguing to restrict foreign made products into the country. Agricultural trade policy is dramatically murkier with debates […]

By Tom Toth Five years into Obama’s presidency, the United States looks very different than it did in years past. Over 10.2 million American men between the ages of 25-54 — about seventeen percent of that age group — are not currently working. Two thirds of them have given […]

By Dave Cribbin In any profession, prescription without diagnosis is malpractice and that includes the profession of Economics. Just as there is no need to cure people who have red hair, income inequality isn’t an ailment; it is a sign that free markets are properly […]

By Dave Cribbin While the phony “war on women” rages in the headlines of the main stream media, the real war, the one being conducted against American Businesses by a slew of Government agencies, goes largely unreported. Crack economic writers place the blame for a […]