By PAUL BEDARD A tax advocacy group on Wednesday revealed that Americans spend more on taxes than their whole budget for food, clothing and housing. The Tax Foundation, in its annual report on when the nation as a whole has earned enough to pay its taxes, announced the date as April 24. “Tax Freedom Day […]
Labor under siege in Wisconsin over free trade Layoffs, plant closings underscore workers’ fears Supporters say the economy has changed, so adjust Free trade hurts workers more than it helps, say Wisconsin union members, as presidential candidates seek their support. David Goldstein McClatchy DC BY DAVID GOLDSTEIN Maurice King worked for Joerns Healthcare, a medical […]
By He Qinglian Will the Chinese economy have a hard landing? Absolutely not, according to Xu Shaoshi, director of China’s state economic planning agency. A hard landing of China’s economy is not a possibility, and neither is it possible that China’s slowdown will drag down the global economy, Xu said at a news conference during […]
U.S. retail sales dropped in February and the prior month’s gain was revised to a decline, calling into question the narrative that bigger gains in consumer spending would propel economic growth at the start of 2016. The 0.1 percent decline in purchases followed a revised 0.4 percent January decrease, Commerce Department figures showed Tuesday. Sales […]
We’ve all been there. You’re tired, you’re hungry, and something happens that sets you off. It happens to the best of us. The term for this phenomenon is “hangry”—an amalgam of hungry and angry. As a grandfather of ten, I would suggest that anyone who has spent time around a hungry toddler would agree that, […]
Millions of Americans are filing their taxes this month—and getting a good reminder of why they despise the IRS. But thanks to the Republican majority in Congress, the IRS is being forced to start cleaning up its act. When the IRS scandal broke, Congress demanded answers from the agency’s top officials. Were they targeting groups […]
Rogers Holdings Chairman Jim Rogers is certain that the U.S. economy will be in recession in the next 12 months. During an interview on Bloomberg TV with Guy Johnson, the famous investor said that there was a 100 percent probability that the U.S. economy would be in a downturn within one year. “It’s been seven years, eight […]
CNN has reported that they cannot determine where or if all of the money has been dispersed to veterans’ groups that Trump held the fundraiser for over a month ago when he skipped the Iowa debate. From The Right Scoop: CNN has done the research and claim they cannot account for most of the money […]
By Michael Snyder Barack Obama recently stated that anyone that is claiming that America’s economy is in decline is “peddling fiction“. Well, if the economy is in such great shape, why are major retailers shutting down hundreds of stores all over the country? Last month, I wrote about the “retail apocalypse” that is sweeping the […]
By Cliff Kincaid One topic of conversation in the Republican race for the White House has been whether President Obama has been incompetent, or actually knows what he’s doing. On the matter of Obama’s Patient Protection and Affordable Care Act, commonly known as the Affordable Care Act (ACA) and Obamacare, self-declared socialist Professor Gerald Friedman […]
