Re-examining the Money Velocity Myth and What it May Be Telling Us
October 20, 2020 08:44 Posted in: Economy - Many economists denigrate the Money Velocity index as yet another useless index that many analysts try to draw correlations without causations concerning the economy - dubbing it the Money Velocity Myth. Is this true? Perhaps not. Let's re-examine this index from a different perspective and then speculate what it may portray for the future. For those that may not be… Continue Reading
Will Voters Resist Repeating the Errors of History?
October 17, 2020 09:32 Posted in: Culture, Economy, Featured, Policy - We all have heard the cliches about history repeating itself - and understanding the past is the key to understanding the future. It is sometimes an unfortunate reality, but perhaps we need to look at how human behaviors shape this repeating history. Alexander Tytler was a Scottish advocate, judge, writer, and historian who served as Professor of Universal History and… Continue Reading
Inflation is Far Worse Than You Think, Especially If You are Poor – A Look at the Big Mac Indicator
October 13, 2020 09:16 Posted in: Economy, Policy - Have you ever wondered why the official inflation numbers never seem to jive with your own personal experience in the US? For the most part, the media has dutifully reported the sometimes nonsensical Consumer Price Index (CPI) data as if it were scripture from the Bureau of Labor Statistics (BLS). The CPI is determined by comparing the price differences of… Continue Reading
Op-Ed: How Trump Can Improve His Debate Performance
October 5, 2020 08:22 Posted in: Economy - Many feel the first presidential debate did not do President Trump any favors. He had sparks of brilliance, but generally came across as indifferent (his attempt at being level headed?), except for the times when he those same detractors found him to be arrogant, rude, and condescending. Outside of his base, it didn’t impress anyone or do him any favors.… Continue Reading
Democrats Demand Debate Rule Changes to Save Ailing Biden, But Watch Past Debate Rumbles
October 1, 2020 08:20 Posted in: Economy, Trump - The first 2020 presidential debate is now history, and there has been much detailed analysis reported from all political spectrums on what happened and who won, etc ... The Right Wire Report was no different. See our detailed analysis here: The Five Strategic Goals Trump Masterfully Achieved In The First Presidential Debate Now that the dust has settled, in terms… Continue Reading
Ginsberg, Stayed Just a Little Too Long With Predictable Consequences
September 25, 2020 09:26 Posted in: Economy, Policy - In the closing months of President Barack Obama's eight years in office, political pundits began legitimately asking whether or not Supreme Court Justice Ruth Bader Ginsberg ought to retire. Following this logic, the heavily left-leaning justice could be replaced by a heavily left-leaning president. Well into her eighties, having served decades of public service on the highest court and undergone… Continue Reading
Household Incomes Reflect Values, Not Racism
September 24, 2020 07:57 Posted in: Economy, Policy - In 2018, the median income for white households was $65,777. This is substantially higher than the worldwide median household income, which in 2013 was listed as hovering around just $10,000. Ask a conservative and they'll point to this as evidence of how great and privileged it is to be an American. Ask anyone else and they'll point to white privilege… Continue Reading
Will Taxing the Rich Bring Us Prosperity?
September 14, 2020 08:41 Posted in: Economy, Policy - Us News and World Report - the United States is often presented by the Left as a horrible shift away from the high levels of tax progressivity that characterized the tax system in the mid-20th century. This conventional account points to top marginal tax rates that were over 90% for the wealthiest Americans in the 1950s and remained at 70%… Continue Reading
The Great Reset, A Dystopian Future?
September 5, 2020 02:35 Posted in: Culture, Economy, Policy - Truly "A Tale of Two Cities." On the one hand, the world in history has never seen such progress and success on just about any measure. But when looking at the storm clouds building on the global stage, many wonder what the future will hold. Even with our current society's unparalleled success, unparalleled dissatisfaction abounds coinciding with extreme wealth inequality.… Continue Reading
The Morality of Fiat Currency
August 31, 2020 08:30 Posted in: Economy, Policy - It was a balmy crisp California winter night when the unthinkable happened. A major 9.5 earthquake, the predicted big one, hit California. Buildings swayed and ever shop in the state saw its inventory crash to the floor. The sparkling pools in the Hollywood hills had its pool water slushed around to and fro like in a glass of water being… Continue Reading