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The Fed Plans to Raise Interest Rates—Years from Now

Estimated Reading Time: 5 minutes

On Wednesday, the Federal Reserve’s Federal Open Market Committee voted to continue with a target federal funds rate of 0.25 percent, and to continue with large-scale asset purchases. According to the committee’s press release: The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent and expects it […]

Biden’s Colossal Budget Confirms Trump-Era Mega Spending Will Continue

Estimated Reading Time: 3 minutes

The reality of federal spending under Donald Trump did much to put to rest the obviously wrong and long-disproved notion that Republicans are the political party of “fiscal responsibility.” With George W. Bush and Ronald Reagan, it was pretty much “full speed ahead” as far as federal spending was concerned. Under George W. Bush, some of the […]

Why Trump Voters Don’t Trust the People that Count Votes

Estimated Reading Time: 6 minutes

Perhaps not since the nineteenth century have so many American voters so fervently doubted the outcome of a national election. A Slate headline from December 13 reads: “82 Percent of Trump Voters Say Biden’s Win Isn’t Legitimate.” If even half true, this poll means tens of millions of Americans believe the incoming ruling party in Washington got its political […]