By Robert Romano 2.2 percent. That is what the annualized, inflation-adjusted growth rate of the economy is so far after three quarters in 2015, the Bureau of Economic Analysis reports. To get 3 percent growth for the year — a milestone the U.S. has not achieved since 2005 — the economy will have to grow at an extremely robust 5.4 […]
By Robert Romano The start of the Christmas shopping season kicks off on November 27. Known as Black Friday, the day retailers are said to go “in the black” after being “in the red” all year long. Only, it is not what it used to be, and that may not be good news for retailers in what has been a […]
By A.F. Branco Click here for a higher resolution image.
By Robert Romano Click here to tell Congress to reject the Trans-Pacific Partnership! Pee-yew. Or better yet, PU — a Pacific Union — is the number one reason to oppose the 12-nation Trans-Pacific Partnership (TPP) trade deal, warns U.S. Senator Jeff Sessions (R-Ala.). “This new structure is known as the Trans-Pacific Partnership Commission — a Pacific Union — which meets, […]
Nov. 9, 2015, Fairfax, Va.—Americans for Limited Government President Rick Manning today issued the following statement applauding Sen. Marco Rubio (R-Fla.) for coming out in favor of a zero for zero approach to eliminating U.S. sugar subsidies: “Sen. Rubio has exactly the right approach to zero for zero sugar subsidies policies, which is to say, the U.S. should get rid […]
By Rick Manning Click here to tell Congress to reject the Trans-Pacific Partnership! The Trans-Pacific Partnership, released on Nov. 5, which regulates 40 percent of the global economy, will continue to outsource American jobs overseas, fail to do anything about currency manipulation, and once adopted, will create an international, unelected commission with broad authority to implement and interpret the agreement […]
The federal government is going to allow retirement investments to be subjected to politically correct funny business due to a new guidance issued by the U.S. Labor Department that puts the government’s thumb on the scale in favor of so-called “socially responsible” investments.
By Nathan Mehrens Recently, a well-organized public relations campaign was launched to convince the public that the practice of tipping is “wrong.” The source of the moral authority that has proclaimed this practice to be “wrong” is fuzzy to say the least, but let’s examine the issue. Several motives are present in the campaign to demonize tipping. First, the presence of […]
By Robert Romano The consumer price index fell 0.2 percent in September, the Bureau of Labor Statistics reported last week, led by continued energy price declines. All told, energy is down 18.4 percent in the past year, says the Bureau. Gasoline was off almost 30 percent. So is electricity, slightly, down 0.4 percent. And piped gas service, which fell 12.1 […]
By Robert Romano On Sept. 10, the House Ways and Means Committee marked up legislation by U.S. Rep. Tom McClintock (R-Calif.), the Default Prevention Act, which seeks to prioritize payments of principal and interest owed on the $18.1 trillion national debt in the event the statutory debt limit is reached. Conceptually this is a really good idea. Every time the […]