Editors’ Note: What is the American Dream? It is an important question. It is clear in reading this review that the difference between Progressives and Conservatives is even more than a “conflict of visions”, the provocative thesis of Thomas Sowell. It is certainly more than that. Often, it is also a conflict in the perception […]
https://pricklypear.news/wp-content/uploads/amdreamliberty.webp10241792James Hartleyhttps://pricklypear.news/wp-content/uploads/logo_2023.pngJames Hartley2024-06-02 00:29:062024-05-31 07:48:19Whither the American Dream?
New Highs in Miami, Los Angeles, San Diego, Boston, Chicago… The S&P CoreLogic Case-Shiller Home Price Index, released today and dubbed “March,” is a three-month moving average of home prices whose sales were entered into public records in January, February, and March. So that’s the time-frame we’re looking at here. It reflects Rate-Cut Mania that commenced in […]
https://pricklypear.news/wp-content/uploads/iStock-1329025235-scaled.jpg17072560Wolf Richterhttps://pricklypear.news/wp-content/uploads/logo_2023.pngWolf Richter2024-06-01 00:28:322024-06-01 07:08:25The Most Splendid Housing Bubbles in America (April, 2024 Update)
Editors Note: No one knows the future but the author makes a valid point. The Deep State has done some things that just leave you with your mouth hanging open at the audacity and illegality of what they have done. Given that precedent, nothing extreme can be ruled out, can it? The markets and the […]
https://pricklypear.news/wp-content/uploads/depression.webp10241792Mark Wallacehttps://pricklypear.news/wp-content/uploads/logo_2023.pngMark Wallace2024-05-31 00:30:092024-05-31 05:41:50Will The Deep State Employ The Nuclear Option Against Trump?
Editors’ Note: Basic economics teaches that price is the intersection between supply and demand. The Biden Administration is restricting supply through expensive and wasteful regulations and the forced conversion to new energy sources based on the flawed theory of global warming. On the demand side, it has spent more money and run up more deficits […]
https://pricklypear.news/wp-content/uploads/family.webp10241024Casey Harperhttps://pricklypear.news/wp-content/uploads/logo_2023.pngCasey Harper2024-05-31 00:28:082024-05-30 22:10:00Biden Agenda Under Fire For Increasing Costs for Americans
When Americans face an intense, hyper-partisan Presidential election, every labor market report becomes fodder for Administration claims of what great managers of the economy they are and counter-claims of how misleading such stewardship claims are. Of late, such dueling narratives have featured issues such as the seven-digit (and growing) difference between the official employment rate […]
https://pricklypear.news/wp-content/uploads/jobs.webp10241792Gary M. Galleshttps://pricklypear.news/wp-content/uploads/logo_2023.pngGary M. Galles2024-05-30 00:28:562024-05-29 12:48:45Creating So Many Jobs that Destroy Wealth
An overwhelming majority of small business owners say they are being hurt by rising prices. The new survey released Wednesday by small business network Alignable shows 86% reporting being hurt by high costs with only 6% saying they are thriving and not struggling. Alignable surveyed more than 3,000 business owners from mid-April to mid-May and […]
https://pricklypear.news/wp-content/uploads/iStock-1363056516-scaled.jpg17072560Casey Harperhttps://pricklypear.news/wp-content/uploads/logo_2023.pngCasey Harper2024-05-29 00:26:172024-05-28 11:54:4386% Of Small Business Hurt By Inflation
Editors’ Note: a substantial portion of what Bidenonmics calls “growth”, is the growth of government, an unproductive part of the economy. A better read on the economy can be had by removing government and seeing how the productive part of the economy is faring. The picture is not healthy as a combination of increased regulation […]
https://pricklypear.news/wp-content/uploads/iStock-1197865054-scaled.jpg17072560Peter Earle and Thomas Savidgehttps://pricklypear.news/wp-content/uploads/logo_2023.pngPeter Earle and Thomas Savidge2024-05-28 00:28:552024-05-27 17:16:59Take the Government Out of GDP
Years after the fact, the mainstream media is discovering that Gen Z is doomed. As CNN puts it, Gen Z is “earning less, has more debt, and higher delinquency rates than Millennials did at their age.” In short, the pandemic did a number on Gen Z, followed by a wallop from Bidenflation, lagging wages, and […]
https://pricklypear.news/wp-content/uploads/debtuphill.jpg339509Peter St Ongehttps://pricklypear.news/wp-content/uploads/logo_2023.pngPeter St Onge2024-05-26 00:30:472024-05-25 21:07:27Media: Gen Z is Doomed
Congress has spent more money on interest so far this year than it has spent on both national defense and Medicare. Spending on net interest hit $514 billion in the first seven months of fiscal year 2024. That’s more than spending on both national defense ($498 billion) and Medicare ($465 billion). Medicare is the federal […]
The term everything bubble was coined when seemingly all investments started to rise in unison, apparently in response to massive liquidity injected into the economy by both the Federal Reserve (monetary policy) and massive Federal deficit spending (fiscal policy). Many also believed that the force pushing all asset prices up at the same time was the era of zero interest rates. While the inflation of asset prices has continued, it seemed to take some time before the price level of everyday purchases started to rise sharply. Some have suggested this had to do with macro factors such as globalization and demographics. Whatever it was, there was a surprising delay but in the past few years, consumer price inflation has hit with full force.
https://pricklypear.news/wp-content/uploads/fedliquiditytank.webp10241792Neland Nobelhttps://pricklypear.news/wp-content/uploads/logo_2023.pngNeland Nobel2024-05-24 00:30:402024-05-24 13:24:54Are We Back To The Everything Bubble?
Whither the American Dream?
/in Culture War, Economy, Featured, Latest News, Liberty, Politics/by James HartleyEditors’ Note: What is the American Dream? It is an important question. It is clear in reading this review that the difference between Progressives and Conservatives is even more than a “conflict of visions”, the provocative thesis of Thomas Sowell. It is certainly more than that. Often, it is also a conflict in the perception […]
The Most Splendid Housing Bubbles in America (April, 2024 Update)
/in Economy, Featured, Latest News, Personal Finance/by Wolf RichterNew Highs in Miami, Los Angeles, San Diego, Boston, Chicago… The S&P CoreLogic Case-Shiller Home Price Index, released today and dubbed “March,” is a three-month moving average of home prices whose sales were entered into public records in January, February, and March. So that’s the time-frame we’re looking at here. It reflects Rate-Cut Mania that commenced in […]
Will The Deep State Employ The Nuclear Option Against Trump?
/in 2024 Election, Culture War, Economy, Election Integrity, Featured, Foreign Policy, Latest News, Liberty, National Debt, National Security, Personal Finance, Politics/by Mark WallaceEditors Note: No one knows the future but the author makes a valid point. The Deep State has done some things that just leave you with your mouth hanging open at the audacity and illegality of what they have done. Given that precedent, nothing extreme can be ruled out, can it? The markets and the […]
Biden Agenda Under Fire For Increasing Costs for Americans
/in 2024 Election, Economy, Featured, Latest News, Politics/by Casey HarperEditors’ Note: Basic economics teaches that price is the intersection between supply and demand. The Biden Administration is restricting supply through expensive and wasteful regulations and the forced conversion to new energy sources based on the flawed theory of global warming. On the demand side, it has spent more money and run up more deficits […]
Creating So Many Jobs that Destroy Wealth
/in 2024 Election, Economy, Featured, Latest News, National Debt, Politics/by Gary M. GallesWhen Americans face an intense, hyper-partisan Presidential election, every labor market report becomes fodder for Administration claims of what great managers of the economy they are and counter-claims of how misleading such stewardship claims are. Of late, such dueling narratives have featured issues such as the seven-digit (and growing) difference between the official employment rate […]
86% Of Small Business Hurt By Inflation
/in 2024 Election, Economy, Featured, Latest News, Liberty, Personal Finance, Politics/by Casey HarperAn overwhelming majority of small business owners say they are being hurt by rising prices. The new survey released Wednesday by small business network Alignable shows 86% reporting being hurt by high costs with only 6% saying they are thriving and not struggling. Alignable surveyed more than 3,000 business owners from mid-April to mid-May and […]
Take the Government Out of GDP
/in 2024 Election, Economy, Featured, Latest News, National Debt, Politics/by Peter Earle and Thomas SavidgeEditors’ Note: a substantial portion of what Bidenonmics calls “growth”, is the growth of government, an unproductive part of the economy. A better read on the economy can be had by removing government and seeing how the productive part of the economy is faring. The picture is not healthy as a combination of increased regulation […]
Media: Gen Z is Doomed
/in Economy, Featured, Latest News, National Debt, Personal Finance/by Peter St OngeYears after the fact, the mainstream media is discovering that Gen Z is doomed. As CNN puts it, Gen Z is “earning less, has more debt, and higher delinquency rates than Millennials did at their age.” In short, the pandemic did a number on Gen Z, followed by a wallop from Bidenflation, lagging wages, and […]
U.S. Spending On Interest Tops National Defense, Medicare
/in 2024 Election, Economy, Featured, Latest News, National Debt, National Security/by Brett RowlandCongress has spent more money on interest so far this year than it has spent on both national defense and Medicare. Spending on net interest hit $514 billion in the first seven months of fiscal year 2024. That’s more than spending on both national defense ($498 billion) and Medicare ($465 billion). Medicare is the federal […]
Are We Back To The Everything Bubble?
/in Economy, Featured, Latest News/by Neland NobelThe term everything bubble was coined when seemingly all investments started to rise in unison, apparently in response to massive liquidity injected into the economy by both the Federal Reserve (monetary policy) and massive Federal deficit spending (fiscal policy). Many also believed that the force pushing all asset prices up at the same time was the era of zero interest rates. While the inflation of asset prices has continued, it seemed to take some time before the price level of everyday purchases started to rise sharply. Some have suggested this had to do with macro factors such as globalization and demographics. Whatever it was, there was a surprising delay but in the past few years, consumer price inflation has hit with full force.