The United States economy has been an issue for well over a decade at this point, with many people stressing that things are only going to get worse due to the lackluster leadership in our country. Whether the economic crisis affects you directly or not, the real problem is what will happen on a global […]

At a recent meeting of the Council on Foreign Relations, a Harvard economist railed against the use of physical cash in amounts greater than 10 dollar bills. Also a member of the economic advisory panel of the Federal Reserve Bank of New York, Kenneth Rogoff argued that cash itself is no longer used for retail […]

Global debt issuance is on course to hit a record high in 2016 as figures showed sales this year topped $5 trillion (£3.9 trillion) at the end of September. Article by Szu Ping Chan Debt issuance rose to $5.02 trillion in the nine months to September 22, according to Dealogic, putting 2016 on course to beat […]

During the debate on Monday rivals Hillary Clinton and Donald Trump offered more of the same in the way of proposed economic solutions for America. Trump declared he will prevent corporations from leaving the country. He said his proposed tax reductions will put an end to the flood or companies leaving. “That’s going to be […]

Jim Clifton, Chairman and CEO at Gallup, says the American middle class is an endangered species. His organization produces surveys of American consumers. Clifton understands the economic quandary now facing America. “I’ve been reading a lot about a ‘recovering’ economy. It was even trumpeted on Page 1 of The New York Times and Financial Times […]

Like it or not, more college students are “prostituting themselves” on “sugar baby/daddy” websites to address the rising cost of college education. And the idea of graduating college debt-free is being seen as the main reason as to the rise of such websites. Though most college students still have part time jobs, figures have shown […]

June 3, 2016. Today the Bureau of Labor Statistics announced that the US economy only created 38,000 new jobs in May and revised down by 59,000 jobs the previously reported gains in March and April. Article by Paul Craig Roberts Yet the BLS reported that the unemployment rate fell from 5.0 to 4.7 percent, a […]

You’ve most likely heard the adage, there’s nothing certain but death and taxes.  So now, President Obama and his White House minions think it’s good policy to increase the taxes when one dies. These death taxes come in two forms. The estate tax, which taxes the value of a property owned, and an inheritance tax, paid by those […]

(Bugout.news) Few Americans have ever heard of a major container shipping company called Hanjin, but they’re going to learn more about it in the days and weeks to come, as many get laid off and can’t find what they’re looking for while Christmas shopping. In recent days the company – one of the world’s largest […]

At this point, it’s pretty well documented how all of the poorest, most dangerous and generally least appealing cities in the country are run by democrats. From Detroit to Philadelphia, every undesirable location seems to have some sort of connection to the left. But as bad as things have once appeared, they only seem to […]

It’s no secret that housing in San Francisco remains outrageously expensive, but if one recent Craigslist ad is to be taken seriously, it seems that the situation could be reaching a new low. A pair of self-described 20-something start-up guys placed an ad offering up their crawlspace for the bargain price of $500 per month. […]

In 2012, Consumer Reports penned an article about the serious underfunding affecting the pensions of both private and public sector employees.  In it, they warned that workers in both categories “might not get everything [they’ve] earned.”  The article did assure private sector workers that being “vested” meant their pension assets were guaranteed by federal law, unless their employee went bankrupt, or the […]

Near zero interest rates, known as ZIRP in Federal Reserve parlance, have made a staggering US national debt relatively easy to handle. Despite low interest rates, however, an increase in spending will add to the burden of addressing a burgeoning deficit. On Tuesday, the government released a report that blames lower-than-expected tax revenues for a […]

A new study created by the CATO Institute ranks all 50 states by how free they are in regards to fiscal, regulatory and personal freedoms. Due to the sheer amount of statistics given, there is a lot of information to take in from that analysis — so how much can we actually learn from the study? A shocking amount, to […]

Everyone in the know seems to be well aware that a Hillary Clinton presidency would be a complete and utter disaster for America in general, but most specifically the economy. Clinton’s proposed tax plan would be an economic disaster — raising taxes to an estimated $1.3 trillion across the United States. Meanwhile, Donald Trump’s proposed tax […]