by Daniel White | Jun 14, 2021 | Economy
June 14, 2021 Inflation is here folks. The latest inflation data show readings of 4.6% on the Consumer Price Index and 6.2% on the Producer Price Index, which are both huge jumps. Everywhere you read, the Federal Reserve said the inflation is transitory, as in it...
by Daniel White | Jun 7, 2021 | Economy
June 7, 2021 The April 2021 jobs report may be the most disappointing of all time. Analysts expected the U.S. to add a million new jobs, but it was a paltry 266,000. The mismatch between consensus expectations and reality was the largest since 1998. Worse yet, the...
by Daniel White | May 24, 2021 | Economy
May 24, 2021 There is a confluence of potentially disastrous financial events ahead, and we seem to be barreling head-first into the storm without regard. Let’s start with business taxes. U.S. Treasury Secretary Janet Yellen’s call for a minimum global corporate tax...
by Daniel White | May 17, 2021 | Economy
May 17, 2021 It’s a bit odd when the party claiming to be for everyone – the Democratic Party – wants to eliminate a law from 1954 that benefits almost all Americans. But here we are. President Biden, along with Democrats in the House and Senate, want to eliminate the...
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...
