Two weeks ago, the Census Bureau released it’s real median income numbers for 2022, with real income falling a shocking 2.3% from 2021 to 2022. Yet the Biden Administration and its promoters continue to be amazed that Americans really don’t understand how good things are with Bidenomics! Consider Nobel Laureate Paul Krugman (hat tip to […]
Archives
-
Ohio Inflationary Blues
26 Sep 2023
-
In the case of the Hollywood writers’ strike, who has the moral high ground? Many have seen the consistent refrain that Hollywood executives are taking advantage of poor, overworked writers via streaming culture changes and AI’s rise.* Hollywood studio executives are trying to cut costs to preserve profits in a new and changing environment for […]
-
Brief Beef With The Fed
12 Dec 2022
For several months, we’ve witnessed the Fed discuss the need to orchestrate a, “soft landing,” for the economy. Attempting to orchestrate an easy descent from this inflationary high; however, I believe the entire goal displays a flawed understanding of economics. Despite that, Mr. Powell still possesses a rational reason to attempt the impossible. To start […]
-
BATG Economic Update
03 Oct 2022
We haven’t had an update on the economy in a bit, so this post will share some of the data I’m finding interesting, which I believe is telling us where the market is going. Last week the price of the ten year US Treasury Bond fell, leading to a yield of over 4%, a level […]
-
The Federal Reserve has to be pleased with the way their tightening cycle has gone, not that they ever wanted to be here. The Fed has engineered meaningful tightening, markets have had nasty reactions in the downward direction, and yet we haven’t had a true financial panic. Further, job opportunities are still relatively plentiful, and […]
-
Chile’s New Direction
26 Dec 2021
This year, Gabriel Boric won the Chilean Presidency by riding a populist wave of anti-market sentiment. Populism is a political tool not tied to any particular ideology, and it can drive people to very dangerous conclusions. In this case, Boric convinced Chile that the rich elites maintained power in his nation at the expense of […]
-
Don’t Tax Me! I’m Irish!
25 Jul 2021
The Biden administration seeks to form an international agreement to establish a global minimum corporate tax at 15%. According to CNN, 132 nations back the proposal, but some notable holdouts including Ireland, block the way. The EU needs to vote unanimously to pass the proposal, so as long Ireland opposes it, there’s no deal. Over […]
-
The Perfect Time to De-Tariff
24 May 2021
The other day I read a Wall Street Journal piece about EU tariffs on U.S. goods that (thankfully) never came to be. It reminded me about the Trump administration’s departure from U.S. policy for the last few decades which generally aimed to increase free trade. The Biden administration has yet to make any strong changes […]
-
I Don’t Want To Play Your Zero Sum Game
08 Apr 2021
You don’t have to care about Marvel movies to understand this post, but my wife and I were watching Falcon and The Winter Soldier last week, and something hit me the wrong way. The group of terrorists The Falcon is trying to stop believed the world was better off after Thanos snapped half of all […]
-
Deutsche Bank recently conducted a study and proposed a new tax. Whenever you tax something, you get less of it. If you subsidize something, you get more of it. Deutsche’s central desire is to tax people working from home (WFH) to redistribute that money to people who cannot work from home along with reducing the […]
Bert Wheeler
Jeff Haymond
Marc Clauson
Mark Caleb Smith
Tom Mach