01.28.2015 in Economy, Featured by NetRight Daily 1

The real deflation

By Robert Romano Deflation? No, not footballs. In this case, a growing number of economic observers are becoming concerned about falling prices, in the Eurozone, the Pacific, and elsewhere — and what it means for the global economy. In the 1930s, falling prices were a scourge. Assets became less attractive over time, since they might be cheaper to get in […]

01.27.2015 in Economy, Featured by NetRight Daily 3

‘Occupy Athens’ electoral win threatens euro, default

By Robert Romano With the radical left party Syriza taking power in Greece — winning 36 percent of the vote and 149 out of 300 seats in the Greek parliament — speculation has begun anew on whether Greece will leave the Eurozone as the sovereign debt crisis there roils on. Call them Occupy Athens. But, as it turns out, the […]

01.22.2015 in Economy, Featured by NetRight Daily 11

Falling prices fuel deflation worries

By Robert Romano “Slow rise in consumer prices may stymie the Fed.” So reports the New York Times’ Binyamin Appelbaum on January 16, responding to a recent report from the Bureau of Labor Statistics showing another drop in consumer prices for the second month in a row. Prices dropped 0.4 percent in December, led primarily by a 9.4 percent drop […]

Cartoon: Trickle-down taxes

01.16.2015 in Economy, Featured by NetRight Daily 0

Are UFCW officials violating their fiduciary duties by spending dues on OUR Walmart?

By Don Todd Walmart is the nation’s largest private employer.  It is a non-union business.  It may surprise many than the United Food and Commercial Workers (UFCW) union has no interest in organizing Walmart employees. Who says so?  They do. This, despite the fact that UFCW has a subsidiary organization named “OUR Walmart” that is housed in their headquarters on […]

Raising the minimum wage: Figures don’t lie, but liars figure

By Don Todd Both the United Food and Commercial Workers (UFCW) and the Service Employees International Union (SEIU) are strong proponents of raising the minimum wage.  For instance on July 18, 2012, Mary Kay Henry the President of SEIU emailed her members the following: “Together with organizations like the National Employment Law Project, CREDO, and Moms Rising, the 99 percent are […]

01.12.2015 in Economy, Featured by NetRight Daily 6

Why demand is bringing down the economy

By Robert Romano Slower growth, flattening wages, bottoming interest rates, lower inflation expectations, less borrowing, and slowing job creation have all become staples of Allianz chief economic adviser Mohamed El-Erian’s oft-quoted “new normal.” El-Erian’s “new normal” hypothesis in 2009, when he was still with Pimco, anticipated “coming out of the financial crisis, the economy would not recover in a normal […]

01.12.2015 in Economy by NetRight Daily 0

The good economic news, the bad and the Senate

By Rick Manning In many ways, the economy is better going into 2015 than it was a year ago, but in many others, the trend lines are troubling at best. The labor participation rate is at lows not seen since Jimmy Carter was president in the late 1970s, and 1.2 million more Americans 16 years and older are out of […]

01.08.2015 in Economy, Featured by NetRight Daily 10

Congress will address 2016 disability insolvency this year

By Robert Romano The Disability Insurance Trust Fund is set to run out of funds in 2016 according to the Social Security Trustees, having lost $113.1 billion since 2009 alone. One might think the shortfall has come about due to the two-year payroll tax holiday that was enacted in 2010. However, little reported has been the fact the holiday was […]

01.05.2015 in Economy, Featured by NetRight Daily 12

Read their lips, Senate Republicans push for higher gas taxes

By Robert Romano “Somehow, Senate Republicans in their push to reclaim the majority in 2014 failed to inform voters of their apparent intention to raise taxes on gasoline by 12 cents, a 65 percent increase from the current 18.4 cent federal gas tax.” That was Americans for Limited Government President Nathan Mehrens’ take on a push by the incoming Senate […]

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