Paul Ryan & Ben Bernanke on the Federal Reserve’s Mission
QE2 was a bust
“Turns out the program has created maybe 700,000 full-time jobs — at a cost of around $850,000 each. House prices are lower than before QE2 was launched. Economic growth is slower. Inflation is Continue Reading
IBD Editorial: Americans Have Hit The Ceiling Over Debt
“But the latest IBD/TIPP Poll finds Americans have hit a ceiling of their own, this one on patience with a government that's run up an inconceivable $14.3 trillion debt. They want spending Continue Reading
Keynesian Economics Does Not Work….It Never Has
“Private businesses have amassed record amounts of cash, which they could use to hire more people-- if this administration were not generating vast amounts of uncertainty about what the costs are Continue Reading
Stagflation is here declares CNBC’s Larry Kudlow
Americans Just Took a Pay Cut As Inflation Outpaces Wages
“You may not have noticed it when you opened up your paycheck last month, but you just took a pay cut. Wages in America are flattening as inflation surges, therefore real income growth is actually Continue Reading
Is Inflation On The Way?
Quantitative Easing Explained
Bernanke says prompt action needed on deficit
By Pedro Nicolaci da Costa, Reuters Federal Reserve Chairman Ben Bernanke said on Tuesday the country's budget deficit is on an unsustainable path and requires near-term action from policymakers Continue Reading
Bernanke sounds a warning on growing deficit
By Neil Irwin and Lori Montgomery Federal Reserve Chairman Ben S. Bernanke warned Wednesday that Americans may have to accept higher taxes or changes in cherished entitlements such as Medicare and Continue Reading
CBO report: Debt will rise to 90% of GDP
By David M. Dickson, Washington Times President Obama's fiscal 2011 budget will generate nearly $10 trillion in cumulative budget deficits over the next 10 years, $1.2 trillion more than the Continue Reading
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