by Mac Slavo | Jan 31, 2020 | Headline News
Mixed in with reports about stagnant wages and the “evil rich” comes some evidence that consumers are still confident the economy is in a good place. In fact, the consumer confidence index climbed to 131.6 in January from 128.2 the month before. Americans...
by Mac Slavo | Jan 23, 2020 | Headline News
Some warmongers in Washington have been desperately trying to start a war with Iran, and it has become glaringly obvious. For now, it appears that actions taken by the United States won’t result in a shooting war, however, eventually, it’ll be a...
by Mac Slavo | Jan 9, 2020 | Headline News
According to a new National Bureau of Economic Research paper, “approximately 100 percent” of the costs associated with the tariffs on Chinese goods have fallen onto American consumers. It’s a simple economic fact that those at the bottom of the...
by Mac Slavo | Jan 2, 2020 | Headline News
Authoritarian and communist mayor of New York City Bill de Blasio got upset that a Domino’s pizza chain was selling $30 pizzas on New Year’s Eve. However, he got schooled and received an important lesson on the finite and most basic of economic laws:...
by Mac Slavo | Dec 16, 2019 | Headline News
The rampant consumerism in our society is what many say is driving the economy right now. But according to data points, many consumers are running out of available cash and credit to continue to prop it up for much longer. While consumers have been dubbed the...