Is the Economy in a Recession?
Real gross domestic product (GDP), which is the inflation-adjusted final value of…
Browsing: Econ
Gas Tax Holiday
President Biden recently proposed a three-month gas tax “holiday” during which the…
Inflation was Avoidable
As of this article’s writing, inflation is 8.2%, imposing an unavoidable tax…
Inflation is a Tax
Suppose a President of the United States proposed raising taxes on everyone,…
Relief from the Reserve?
The Strategic Petroleum Reserve (SPR) was included in the 1975 Energy Policy…
Economic Consequences of the Ukraine-Russia War
Hopefully by the time this is published, the war will be over…
The Federal Reserve is Failing Its Dual Mandate
The “Humphrey-Hawkins Full Employment Act” named after Senator Hubert Humphrey and Representative…
Why Are Workers Quitting?
Labor market shortages do not appear to be improving and in fact,…
A 2021 Economic Wrap-Up
If the 2021 economy could be summarized in one word, I would…
Why Taming Inflation Will Be Hard
In October, inflation was running at 6.2%, which is three times higher…
The Debt Ceiling, Yet Again
In the March 2019 issue of My City Magazine, I discussed the…
What Causes Inflation?
Inflation is a concern. Consumer prices increased by nearly 6% between June…