Controversy About the October CPI
Did the health insurance component of the CPI really fall 34% between October 2022 and October 2023? That led me to a CPI controversy. Continue Reading →
Category Archives: Current issues
The Gaetz Recession
Reducing the deficit to zero in 10 years will raise the debt to $43 trillion. And 8% real GDP per capita growth is the Gaetz recession. Continue Reading →
Costco is Selling Gold
I looked for price and cost. Costco sells 1 oz bars from Rand Refinery for $1,949.99. JM Bullion sells an equivalent for $1,874.81. Continue Reading →
Lincicome on Market Structures
Lincicome comments on market structures as viewed by FTC Chair Lina Khan. Should antitrust policy focus on consumer welfare? Continue Reading →
The US Government Has Declared War on Ceiling Fans
nsidering all costs, the forecast $39 saving on ceiling fans will evaporate like the puff of smoke emitted by a failing electric motor. Continue Reading →
Fitch Downgrades the US
Fitch downgraded U.S. debt to AA+. Herb Stein once said “If it cannot go on forever, it will stop.” The current path is unsustainable.Fitch downgraded U.S. debt to AA+. Herb Stein once said “If it cannot go on forever, it will stop.” The current path is unsustainable. Continue Reading →
Inflation For Dummies
Inflation is the rate of change in the average price level. As long as the inflation rate is positive, the price level continues to rise. Continue Reading →
Operation Choke Point Returns With a Vengeance
Operation choke point was a government program to deny banking services to a group of industries. Luke Rosiak has discovered its resurgence. Continue Reading →
Three Tax Prep Firms Gave Personal Data to Meta
3 tax prep firms shared sensitive data with Meta. I’ll save you some time. The tax prep firms were H&R Block, TaxAct, and TaxSlayer. Continue Reading →