By William Warren

By Robert Romano “People may not realize that the creation and marketing of automobiles requires a financial system.” That was Manhattan Institute’s Diana Furchtgott-Roth writing for RealClearMarkets.com , responding to a piece from the New York Times’ Paul Krugman, “Paranoia of the Plutocrats.” In his piece, Krugman criticizes the current credit-driven financial system: “We’re not talking captains of industry […]

By Rick Manning Federal government farm subsidies have long been a bane to free marketeers, and the anticipated passage of a new five year farm bill by the U.S. Congress will likely include another round of government price supports for commodities. Congress’ balancing act is between the […]

By Robert Romano After a brief slowdown in fiscal year 2013 that ended September 30 — when the national debt grew “only” by $671.9 billion at a 4.18 percent rate — 2014 is shaping up to be another year awash in red ink. So far, since October 1, the debt has skyrocketed another $537.9 billion. And we’re not even […]

By Marita Noon It’s no wonder that, as the New York Times (NYT) headline declared : “Growth in jobs slows sharply to 3-year low.” Addressing the Labor Department’s disappointing December Jobs Report, CNN Money’s headline states : “2013 ends with weakest job growth in years.” USA Today […]

By Robert Romano Which is a bigger problem for the poor: Low incomes or the high cost of living? According to New York Times columnist and economist Paul Krugman, it’s low income. In a January 19 piece, “The undeserving rich,” Krugman writes, “for the past three decades and more the […]

By Robert Romano A version of this article appeared at Forbes.com. Since 2008, the civilian non-institutional population has jumped by 11.9 million, yet the civilian labor force has only increased by 1.1 million, according to annual figures published by the Bureau of Labor Statistics. The above numbers speak to a pronounced drop in labor force […]

By Rick Manning Our nation continues to lose its economic freedom. That is the result of the just-released Heritage Foundation 2014 Index of Economic Freedom.   Since President Obama took office, the United States of America has slipped six spots in the Index with this year’s drop out […]

January 10, 2014, Fairfax, VA—Americans for Limited Government President Nathan Mehrens issued the following statement on December’s job numbers from the Bureau of Labor Statistics: “Another half a million people dropped out of the American labor force in December.  You can ignore every other statistic […]

By Robert Romano On Jan. 7, the U.S. Senate voted to proceed to legislation that would extend long-term unemployment benefits for another three months, at a cost of $6.4 billion to taxpayers. Supplying the votes necessary to help Senate Democrats get to the 60 vote threshold needed were six Senate Republicans: Kelly Ayotte (N.H.), Lisa Murkowski (Alaska), Susan Collins (Maine), Bob […]