The automobile and housing markets reveals the death spiral of high inflation and high interest rates

While the Biden Administration brags about how inflation is declining, consider purchasing a car or a house where increased prices combine with spiking rates to cost consumers over a thousand per month, every single month.  It’s no surprise almost two thirds of the country lives paycheck to paycheck and credit card debt is at an… Continue reading The automobile and housing markets reveals the death spiral of high inflation and high interest rates

Everyone knows the economy sucks except Joe Biden

In the face of obvious economic turmoil and a shrinking economy that affects every American, the President has adopted a novel strategy:  Tell everyone the economy is awesome and he’s doing a great job anyway, and then scream about all the supposed lies being told about why he messed it up in the first place. … Continue reading Everyone knows the economy sucks except Joe Biden

The Russia problem is really a China problem, and there is no easy fix after decades of failure

As Russian troops mass on the Ukrainian border in advance of an expected invasion next year, President Biden believes economic sanctions alone can deter the threat, but Europe is so heavily dependent on Russian oil it’s difficult to see how that would be effective.  In the meantime, China is threatening Taiwan and strengthening ties to… Continue reading The Russia problem is really a China problem, and there is no easy fix after decades of failure

Biden gets a big win on infrastructure, but is missing a massive opportunity on manufacturing

The $1.2 trillion bipartisan infrastructure plan finally passes the House of Representatives, giving President Biden a much needed political win, but instead of focusing on supply chains and manufacturing moving forward to permanently address wide-spread shortages and spiking prices, progressives continue to push massive social spending and a tax break for the rich of all… Continue reading Biden gets a big win on infrastructure, but is missing a massive opportunity on manufacturing