U.S. Economy

Ryan and Tho talk to Mark Thornton about what to expect from the next recession and how we got ourselves into the current inflationary mess.

It's only a good time to be a worker in America if one confuses falling real wages and falling full-time employment with robust employment conditions. 

The imposition of minimum wages harms the economy, although there are nuances in how much harm they cause. It is better not to impose minimum wages at all.

The Federal Reserve has yet to get price increases anywhere near its own arbitrary 2 percent goal, but a mild slowing in growth rates has Biden claiming that price inflation is "falling."

The leaders of the World Economic Forum have a wonderful future planned for all of us. They just don't plan to share in our misery.

Economic factors are only some of the reasons why men are leaving the workforce. The decline of marriage has also lowered the supply of workers by lessening incentives for workers.

It is no coincidence that the boom in mass-produced goods made specifically for children, "coincided closely with the rise of the middle-classes, industry, and capitalism." 

At current interest rates, the Fed’s operating losses will impact the federal budget for years, requiring new tax revenues to offset the continuing loss of billions of dollars in the Fed’s former remittances to the US Treasury.

The Federal Reserve has yet to get price increases anywhere near its own arbitrary 2 percent goal, but a mild slowing in growth rates has Biden claiming that price inflation is "falling."

Federal budget deficits are increasing, but the Biden administration shows no signs of restraining its spending. This is not going to end well.