U.S. Poverty Could Soon Reach Highest Level Since 1965
Here’s a dismal forecast for you from a number of practitioners of the “dismal science” as it concerns poverty in America. The Associated Press’ Hope Yen reported early this morning: The ranks of...
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For four and a half years, Mr. Obama has focused his policies on reducing inequality rather than increasing growth. The predictable result has been more inequality and less growth. As even Mr. Obama...
View Article4 Out Of 5 U.S. Adults Suffer ‘Economic Insecurity’ During Their Lives
Quite a few financial news websites I dropped by this weekend were buzzing about a just-released Associated Press article that said 4 out of 5 American adults wrestle with “economic insecurity” during...
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“A wise and frugal government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from...
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“Probably the greatest harm done by vast wealth is the harm that we of moderate means do ourselves when we let the vices of envy and hatred enter deep into our own natures.” -Theodore Roosevelt (26th...
View ArticleIllinois Tax Hikes Coming Warn Municipal Bond Fund Managers
Talk of rapidly-approaching tax hikes in the “Land of Lincoln” is growing. Reuters’ Nick Brown, Megan Davies, and Karen Pierog reported yesterday: With no easy way to financially engineer or negotiate...
View ArticleSigns Of The Time, Part 96
This week’s “Signs Of The Time” post features an actual sign for once. Widely-circulated on social media yesterday was this mock “motivational poster”: ANY CHARACTER HERE According to one...
View ArticleMartin Armstrong: ‘The United States Will Most Likely Break Apart By 2036’
Back on January 27, 2016, I asked: Do any readers follow Martin Armstrong, economist at Armstrong Economics (and former chairman of Princeton Economics International Ltd.) and the creator of the...
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