First Quarter GDP Revised to Show Economy Shrunk by 2.9%

Jun 26, 14 First Quarter GDP Revised to Show Economy Shrunk by 2.9%

Posted by in Economics, Featured

From the Commerce Department, we get to see the effects of American Marxism on our economy.  The mix of incompetence, soft totalitarianism, aggressive bureaucracies, environmental war on success, and a general disdain for capitalism can be seen in all its glory in the new 1st quarter GDP numbers. Here’s the rundown from the...

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Federal Deficit for May

Jun 25, 14 Federal Deficit for May

Posted by in Economics, Featured

As a nation, we are still running massive deficits.  In May, the federal government overspent by $129 billion. In Keynesian economics, a $436 billion dollar deficit for the first 8 months of the fiscal year would be known as a stimulus. Yet, all this spending, does little to nothing for those of us not on the...

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