by Daniel White | May 10, 2021 | Economy
May 10, 2021 The current policies of taxing and spending are like playing with financial fire – eventually you’ll get burnt. In 1933, with the country mired in the Great Depression, President Franklin D. Roosevelt set his sights on creating the most comprehensive...
by Daniel White | May 3, 2021 | Economy
May 03, 2021 President Biden must think his access to taxpayer money is limitless. According to the Congressional Budget Office, the federal budget deficit for fiscal year 2021 ballooned to $1 trillion in five months (October 2020 – February 2021), which is the...
by Daniel White | Apr 26, 2021 | Economy
April 26, 2021 As our post-pandemic world evolves, one thing seems clear – we are encompassed in what’s called Modern Monetary Theory (MMT). The concept behind MMT is debt doesn’t matter for those issuing the world’s reserve currency. In MMT, the only thing that...
by Daniel White | Apr 19, 2021 | Economy
April 19, 2021 Companies have historically gone through a “business cycle” with periods of growth, contraction, stagnation, and so on. In the past, we’d have expansions and recessions, and authorities would generally stay out of the way to let nature take its course....
by Daniel White | Apr 12, 2021 | Economy
April 12, 2021 In a sky-is-blue revelation, it turns out Americans who are eligible for $1,400 direct payments under the American Rescue Plan support direct government payments to individual Americans. When including the latest nearly $2 trillion stimulus plan, total...
