Or, Why Government Spending Is Bad for the Economy. Behold: Though President Barack Obama has spent trillions of dollars, the U.S. economy is stagnant, fewer people are employed than when he became president, the percentage of people unemployed for over a year has doubled since then, the poverty rate is the worst in two decades,…Details
Rand Paul giving Geithner something to cry (or at least blush and deflate) about:
The Consumer Price Index (CPI) is a method by which economists determine the effects of inflation (the increase in price of goods over time) on household spending. It has provided a somewhat reliable way to determine how money is losing value. The problem is, today’s CPI no longer reflects inflation, as it was gutted by…Details
You can make a throne of bayonets, but you can’t sit on it for long.