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When we look at the federal debt as a percentage of tax revenues, the US is behind only Japan when it comes to debt loads.
U.S. EconomyBusiness CyclesInterventionism
Delving further into the jobs report, we see that many of the jobs that were supposedly created were jobs in government.
Global EconomyU.S. EconomyAustrian Economics Overview
Disappointed with weak growth worldwide, central banks look poised to crank out more easy money.
Booms and BustsU.S. EconomyBusiness Cycles
The media is telling us how excellent the latest jobs numbers are. Unfortunately, it's more of the same for what is the weakest recovery in decades.
Federal policies have done nothing to increase homeownership over the past fifty years. Perhaps it is time to leave housing markets alone.
Free MarketsU.S. EconomyAustrian Economics Overview
Out of eight theories aiming to explain the current slow economic growth not one is correct highlighting the need for a reformation to sound policies.
The FedU.S. Economy
The Fed likes to constantly tell us how well the economy is improving while refusing to increase the target rate. That tells us all we need to know.
Big GovernmentU.S. EconomyInterventionism
The USDA helps politically connected interest groups crush the competition.
Money and BanksU.S. EconomyMoney and Banking
The delinquency rate is an indicator for "credit stress," but few are paying attention to its sudden rise. Is a new banking crisis imminent?
Taxes and SpendingU.S. EconomyU.S. History
The fact that the US government can tax citizens directly makes the act of state secession far more difficult.