Archive | Economy

By Michael Snyder Nobody else needs to dig a grave for CNN because they are doing it themselves. There has been scandal after scandal at the network, and now one of their producers has been caught on undercover video admitting that CNN has been pushing fake news stories about a connection between Donald Trump and […]

By Michael Snyder Did you know that the federal government owns 28 percent of all land in the United States? Today, the feds control approximately 640 million acres of land, and after decades of very poor management, many are calling on the states to take a larger role. This is particularly true in the 11 […]

By Michael Snyder The Senate health care bill was unveiled on Thursday, and it appears to be dead on arrival. At least four conservative senators say that they can’t vote for the current version because it doesn’t go far enough, while several moderate Republicans are expressing concerns that it goes too far in repealing popular […]

By Michael Snyder It has become exceedingly clear that the Democratic Party is in deep trouble. Close to 55 million dollars was spent on the race in Georgia’s sixth congressional district, and that shattered all kinds of records. Democrat Jon Ossoff was able to raise and spend six times as much money as Karen Handel […]

By Michael Snyder Do you have an emergency fund? If you even have one penny in emergency savings, you are already ahead of about one-fourth of the country. I write about this stuff all the time, but it always astounds me how many Americans are literally living on the edge financially. Back in 2008 when […]

By Michael Snyder The quote in the headline comes from Ron Paul, and it should be the goal of every conservative lawmaker in the entire country. When professional politicians tell you that they are in favor of reforming the tax code or reducing taxes a little bit, essentially what they are telling you is that […]

By Michael Snyder Margaret Thatcher once said that the big problem with socialist governments is that “they always run out of other people’s money”, and unfortunately we are witnessing this play out in a major way in the state of Illinois right now. At this point, the Illinois state government has more than 15 billion […]

By Michael Snyder If something happens seven times in a row, do you think that there is a pretty good chance that it will happen the eighth time too? Immediately prior to the last seven recessions, we have seen an inverted yield curve, and it looks like it is about to happen again for the […]

By Michael Snyder What in the world did the left think would happen? When Kathy Griffin posed for a photo with “Trump’s bloody head”, that sent a message. And the twisted version of “Julius Caesar” that is currently being put on by a New York theater group in which a character meant to closely resemble […]

By Michael Snyder Not even during the worst parts of the last recession did things ever get this bad for the U.S. retail industry. As you will see in this article, more than 300 retailers have already filed for bankruptcy in 2017, and it is being projected that a staggering 8,640 stores will close in […]