Inflation, Scarcity, and the Costlier Burger

October 18, 2021 Inflation is all over the place. On top of that, you may have noticed some empty shelves in your local stores. My wife called me the other day and said she could hardly get anything at the grocery store. Well, as you may know, the first rule of...

Quick Economic Turn Invites Uncertainty

November 15, 2021 Unfortunately, the U.S. economy has taken a significant turn downward. The economy grew by a 4.3% annualized rate in the fourth quarter of last year, 6.3% for first quarter of 2021, and 6.7% in second quarter of this year. The growth since COVID-19...

“Tax the Rich” Taxes Everyday Americans

October 11, 2021 A lynchpin in the hopeful passage of the $3.5 trillion infrastructure bill is that “the rich” will pay for it all. Well, I wouldn’t count on it. Tax-happy folks say it’s only fair to make wealthy Americans and corporations pay for everything. I’m...

Is the Government Running Out of Money?

October 4, 2021 The clock is ticking on the government’s cash balance. The debate on the federal debt ceiling, which is the government’s Congressionally approved spending limit, is an ongoing political game of hot potato. Congress gets dangerously close to the...

The Car Market is Insane

September 27, 2021 This is a terrible time to buy a car. Not only are dealer inventories low, prices for new and used vehicles are through the roof. The inflation in the automotive market is borderline astounding. A big reason is the industry has been hobbled for...