Below you'll find a list of all posts that have been categorized as “Recession/Inflation”
The stagflation of the 1970s was similar to what we are seeing in the economy today. When I was just out of college and starting my business in the 1970s, the 1980 presidential campaign was taking place. The economy was stalled, not growing. It was a time when inflation was at 18.2%, and interest rates were at 14%. There had …
President Biden wants to force the massive fleet of federal government cars to convert from gas to electric– ordering agencies to stop purchasing gas cars, trucks and vans by 2027 and to have no gas vehicles at all by 2035. This doesn’t make economic sense. And it especially doesn’t make sense to the taxpayers. Why? Because it will cost the …
I recently came across a video on Instagram that captured the comical plight of a little boy… government taxes in the world of Monopoly. In this video, the boy’s family is playing the game as he’s sitting back in despair. After just taking his turn, his mom asks, “Where’s all your money gone, buddy?” Extreme frustration and hopelessness come over …
America is on the verge of destruction. Why? Can you imagine four more years of: Crippling inflation… Burdensome and job-killing regulations… The collapse of our economy… Unbridled lawlessness… Unfettered Illegal Immigration… Radical transgender ideology pushed upon our children… The Ideological weaponization of the government bureaucracy against Conservatives, Republicans, Libertarians, and Christians… The Double Standard of Justice, where if you are …
The government and the Federal Reserve’s Modern Monetary Theory (MMT) is flawed. There are several key problems that they keep doubling down on, exacerbating the problems instead of fixing them. The problems are: Unlimited spending doesn’t solve all economic problems… It makes it worse. The government and Federal Reserve’s leeway to print money as needed. This devalues the dollar, causes …
The Debt Ceiling was voted on by Congress. It was fake… It was deceitful… It was political theater. It’s an understatement that the bill that passed did not go far enough. Worse, it doesn’t do what it says it does to reduce spending and to solve our debt crisis. Here are 7 things you should know… 71 Republicans voted “no” …
Some state laws and regulations provide great economic opportunity. Wages will be higher, and the ability to get a raise is greater. Entrepreneurs will be able to start a business, providing innovations and more goods and services. Free enterprise is the greatest economic engine in the world. Socialism kills wages, jobs, and innovation… it destroys the opportunity for the young, …
There are 7 reasons the banking panic blew up. This was not the “free market.” This was not “too little regulation.” This was not “fraud.” The banking panic exploded because of government policies, politicians, and political ideology. This has never happened before in history, and disturbingly other banks are in trouble because of them. Here are the 7 disturbing reasons: …
Millionaire businessman and Investment expert Kevin O’Leary is best known as “Mr. Wonderful” on the hit TV series Shark Tank. His success in business and marketing is legendary… but also controversial. On Tucker Carlson Tonight, O’Leary warned that politicians like Elizabeth Warren are “at war with entrepreneurship” and “will punish you for being successful. She will make sure you’ll pay …
You are poorer today than 12 months ago. In the last year, families have lost roughly $8,000 in annual wages due to inflation—That’s about a month’s salary in annual income since President Biden took office. How can this be? Because you are losing purchasing power due to high inflation caused by out-of-control government policies driven by ideology, not economic reality. …
