First-time home buyers are struggling
Thanks to years of inflation-fueled asset-price inflation, first-time buyers can’t really afford to buy.
Thanks to years of inflation-fueled asset-price inflation, first-time buyers can’t really afford to buy.
For Americans who still think that Donald Trump is an advocate of realism and restraint in foreign policy, the events in Yemen should come as a rude awakening.
As financial pressure mounts nationwide, auto loan delinquencies are rising across all 50 states.
“Congress needs to grow a spine, and Congress needs to stand up for its prerogatives,” the Kentucky Republican told reporters, complaining that Trump relied on a national-emergency law to impose tariffs that Paul believes should be controlled by lawmakers.
An argument can be made that nature and labor are the ultimate sources of all value—an argument that Karl Marx made in his Critique of the Gotha Program. An apple has value because it is nourishing (nature) and because it has been harvested and transported (labor). But Marx took this idea to unreasonable conclusions.
For a few days during the early weeks of the current Trump administration, it appeared that the Trump team might actually try to rein in the Federal Reserve. Trump and Elon Musk hinted that they would push for an audit of the Federal Reserve, and they even suggested that they would bring in Ron Paul to serve as an advisor on the matter. More recently, though, it seems that a meaningful critique of the Fed is going the way of that imaginary trillion dollars that the Department of Government Efficiency has already given up on cutting from the federal budget.
The Trump administration has found itself in a dispute with Harvard University. It began when the President’s team sent several Ivy League universities a list of changes they expected the schools to make.
More than three years ago, Russian forces began advancing into Ukrainian-held territory. The outcry from Washington and its allies was immediate and sharp. Russian President Vladimir Putin was denounced as a “dictator” in the press in Europe and North America–and also in Japan, where anti-Russian hyperbole has outdone even the most strident voices in the West.
In 2020, state governments forced many businesses to close their doors temporarily for “15 days to stop the spread”. Fifteen days turned into months, and in the progressive state of California it was longer than a year.
Retirement is seen almost as a right by most people in the West, especially America and Europe. Make it to your sixties and most people expect to retire from the daily grind of earning a living. Yet, especially in America, the average retirement nest egg is pathetically low at sixty-five thousand dollars. One in four Americans have no retirement savings.