RFK’s State of the Union Hits Home

Powell: March Rate Cut Unlikely

Those who follow this blog already knew that the Federal Reserve would not drop rates in the future due to unsustainable fiscal policies paired with America’s increasing involvement in foreign wars. All of the talking heads were preaching that rates would significantly decline to pandemic levels, as if that were the historical norm. Every fiscal […]

Scared of the National Debt? You Should Be.

A new billboard launched in New York City’s Times Square is sounding the alarm on America’s growing national debt crisis. “Scared of the national debt? You should be.” US national debt spiked past $34 trillion at the top of the year and continues to rise due to massive spending packages. Now that America is committed […]

Schwab Did Not Invent Stakeholder Economics

Everyone knows I became friends with Milton Friedman. Back in 1970, Milton exposed how Stakeholder Economics was inefficient and stupid long before Schwab claimed he invented it. Milton stated that such a role was that of government, not corporations, whose #1 fiduciary obligation was to its shareholders. Under Schwab, I could say, “OK, I will […]

BlackRock Backtracks on Stakeholder Capitalism

https://www.armstrongeconomics.com/wp-content/uploads/2021/08/Schwab-Camara-Stakeholder.mp4 BlackRock finally admitted that their ESG policies in the name of shareholder capitalism have been bad for business. “BlackRock’s business, scale and investments subject it to significant media coverage and increasing attention from a broad range of stakeholders,” the company stated in it’s annual filing with the SEC. “This heightened scrutiny has resulted in […]

The Second Motive of the Migrant Crisis Revealed

I revealed how Democrats planned the deliberate invasion of America to secure votes for socialistic policies. There is a second motive that is not largely understood, but it becomes apparent when you follow the money. In particular, follow the dollar. The dollar’s purchasing power is significantly less than it was a few short years ago. […]

70% of American Cities in Debt – Pension Crisis will Cause Taxes to RISE

A study by Truth in Accounting (TIA) revealed that 70% of America’s largest cities fell into a deficit in fiscal year 2022. Out of the 75 cities studied, 53 simply did not have the funds to pay their bills. The study found that the total debt among the 75 cities had reached $288 billion, and […]

Yellen Believes People are Better off Post-Pandemic

Treasury Secretary Janet Yellen is proof that the establishment is completely clueless when it comes to the lives of the average citizen. “People are better off than they were pre-pandemic,” Yellen touted on national news last week. Perhaps she meant to say “politicians” rather than people, and no, one cannot point at rising US indexes […]

$50 Minimum Wage?

Lawmakers should be required by law to pass a financial literacy test before taking office. California has repeatedly raised the minimum wage as the cost of living continues to rise. They have not lowered the amount of taxes that the state will collect from these workers. California has the highest debt of any state in […]

Bureau of Labor Statistics Fabricated One-Third of Newly Created Jobs in 2023

The US government consistently lies on their jobs reports released by the Bureau of Labor Statistics (BLS). The agency initially cheered at the 3,140,000 new positions created in 2023, but later revised the figure down to 443,000. But wait, the BLS made another miscalculation in March to the tune of 306,000 jobs. This means that […]