Categories
Economics Federal Reserve

Top 1% Received all of the $4 Trillion Printed in 2020

The $4 trillion created by the Federal Reserve as part of the 2020 stimulus program appears to have gone entirely to the top 1% wealthiest people in the world.

Categories
Debt Financial Crisis

US Financial Crisis: Who Killed the Economy?

The cause of the US financial crisis is simple. It’s debt. This is a very simple and graphical evidence-based explanation of what caused the collapse.

Categories
Government Spending

From the Bankers Who Brought You President Obama Comes NEW PRESIDENT™!

Governor Romney™ has been scientifically proven to increase spending faster than the President Obama™! Obama has only increased government spending a disappointing 5.5% annually over his term.

Categories
Debt Economics Federal Reserve Financial Sector

Housing Bubble Wastes $2 Trillion on 14 Million Empty Houses

Empty houses in the US = 14 million. Median Home Price = $160,000. Money Wasted on Building Unneeded Homes = $2 trillion. Why would Americans be so dumb as to build 14 million houses they didn’t need?  The two primary reasons we built too many houses are: The United States spends more than $100 billion annually to subsidize homeownership.  The mortgage […]

Categories
Corporate Welfare Economics Financial Sector GDP

Historical Examples Show Government Intervention Only Prolongs Economic Downturns

We’re taxing successful, competently run businesses to subsidize irresponsible, poorly run businesses. Until we realize this simple fact, the previous trend of increased productivity and standards of living will only be a memory.