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...

What is “Infrastructure”?

November 8, 2021 Unsurprisingly, the infrastructure bill boondoggle remains stuck. The Build Back Better Act is 2,466 pages long and aims to expand our social safety net and combat climate change. If it passes, it will be the largest government spending program ever....

A Costlier Christmas

November 1, 2021 Come Christmas, I wouldn’t be surprised to see gas around $5 per gallon and oil at 20 times that – $100 per barrel. Everyone will feel it, and in some parts of the country, they already are. This should surprise nobody. Once the economy got up...

The Pandemic May Have Killed College

October 25, 2021 When the COVID-19 pandemic forced many colleges and universities to switch to virtual learning, it likely killed their business model. This spring, college enrollments dropped by more than 600,000, the largest decline ever. This means fewer...

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...