A Review of Some GDP Problems
Far from being a true measure of economic health, GDP is a misleading economic statistic that implies consumer and government spending grow the economy. When government spends, GDP increases.
Far from being a true measure of economic health, GDP is a misleading economic statistic that implies consumer and government spending grow the economy. When government spends, GDP increases.
The federal government didn't take charge of immigration policy until the 1880s. In the early republic, almost everyone agreed that immigration policy was a matter for the states.
Although he has temporarily suspended his threatened tariffs, President Trump‘s demands for “fair trade” make no sense economically speaking. Trump‘s demands of Vietnam alone are beyond head-scratching.
How remarkable it is that today‘s conservatives are so enthusiastically committed to handing over untrammeled power to the executive to impose new taxes.
Trump has no plans to get rid of payroll taxes, and he has no plans to make big cuts to spending. This virtually guarantees that the IRS isn‘t going anywhere.
Five years ago, covid madness descended upon the ruling elites, pushing a public health totalitarianism that destroyed lives and impoverished millions of Americans. And the ruling classes still are lying about what they did.
Trump economic adviser Peter Navarro has condemned multi-billion-dollar investments by BMW in South Carolina as “bad for our economics.” The comments reflect a greater ignorance of capital goods by so-called economic experts.
Bob challenges the conventional wisdom around Triffin’s dilemma, arguing that persistent U.S. trade deficits aren’t necessary for dollar dominance—and that Ron Paul had it right all along.
Mises Institute President Thomas DiLorenzo joins NTD News to break down the real impact of Trump's tariff policies.
Tariff supporters claim that implementing tariffs will result in new jobs at home. What they fail to point out is that many people depend upon imports for work. The tariffs on Canadian aluminum imports are a case in point.