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Category Archives: Economy
The Choice
Sometimes things must get worse before they get better. Reducing deficit spending and eliminating government waste, for example, will initially have a negative impact on GDP and employment. Though, this is exactly what is needed to restore America’s economic health. Continue reading
How The Trade War Ends
The quote “When goods don’t cross borders, soldiers will,” is frequently attributed to 19th century writer and free market economist Frederic Bastiat. While these specific words, strung together with this specific syntax, cannot be found in Bastiat published catalogue, their sentiments are of the type he would have likely endorsed. Continue reading
The Road to America’s Golden Age
Hey! Rub-a-dub-dub. Trump won! Make a toast or say a prayer. It all depends on your political and spiritual preferences. There are times to kiss the bottle. So, too, there are times to kneel in church. Perhaps now is the time for both.
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Posted in Economy, MN Gordon
Tagged budget deficit, debt, donald trump, elon musk, spending cuts
4 Comments
Let the Games Begin!
Monetary policy took center stage this week. On Tuesday and Wednesday, the Federal Open Market Committee (FOMC) huddled up, licked their collective index finger, held it up to the wind, and then commanded how they would intervene in credit markets. Continue reading
Posted in Economy, MN Gordon
Tagged central planning, elizabeth warren, fomc meeting, interest rates, jerome powell
1 Comment