The Labor Force Participation Rate has fallen and it can’t get up. The U.S. Bureau of Labor Statistics (BLS) reported this week that 90,609,000 Americans who are 16 or older…
No, We Can’t
Someone had blunder’d: Theirs not to make reply, Theirs not to reason why, Theirs but to do and die. …
The Queen of QE
Amidst a government shutdown, a debt-ceiling crisis and other assorted financial turmoil, President Obama this week nominated Janet L. Yellen to chair the Federal Reserve Board. As a Keynesian economist…
Spending Our Way to Prosperity
Focusing on the government shutdown is like rearranging the deck chairs on the Titanic while drawing closer to the iceberg. The iceberg in this case is the massive government debt…