The fear-mongering against Trump would lead one to believe that anyone could be deported. People genuinely fear traveling into US territory as our Commander in Chief could simply send anyone, on whim, to a detention center in El Salvador. Kilmar Abrego Garcia is the poster boy for these growing fears sensationalized by the left and […]
Companies are beginning to move production to the United States to avoid tariffs. “President Trump’s economic polices are simple: if you invest in and create jobs in America, you’ll be rewarded. We’ll lower regulations and reduce taxes,” Vice President J.D. Vance posted online. “But if you build outside of the United States, you’re on your […]
Half of American parents with adult children are supporting them financially, according to a report by Savings.com. The number of adult children dependent on their parents continues to tick higher, up from 47% in 2024 and 45% in 2023. In fact, the average parent is spending $1,474 monthly per child to make ends meet amid […]
Good news for the people of Mississippi—lawmakers have finally removed the state income tax. Mississippi is now joins Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Washington, Texas, and Wyoming in eliminating this excessive and predatory taxation practice. The first income tax was created in 1861 during the Civil War as a mechanism to finance […]
Millions of Americans believed that their student loans would be forgiven per the promises made under Biden Administration. Then there was a period of student loan forgiveness that began during the COVID era when countless people found themselves unemployed. Payments have resumed but 9.2 million (43% of federal loan borrowers) have fallen over 90 days […]
American households have been unable to pay off their debts. The Federal Reserve Bank of New York recently reported that household debt has reached a new all-time high at $18.04 TRILLION. Americans acquired an additional $93 billion in outstanding payments during Q4 of 2024, with half of this debt finding its way onto high […]
Tariffs are on, tariffs are off, tariffs are delayed—the confusion surrounding world trade has Americans on edge. The University of Michigan’s sentiment survey for March shows a massive plunge in consumer confidence “across all groups by age, education, income, wealth, political affiliations, and geographic regions.” Consumer sentiment dipped 11% for the month to 57,9, marking […]
According to the Treasury Department, America’s deficit surpassed the $1 trillion mark this February. The deficit reached $307 billion for the month, marking a 2.5X increase on a monthly basis and 3.7% higher on an annual basis. The deficit for the first five months of FY25 hit $1.15 trillion, a $318 billion increase (+38%) from […]
Veterans Affairs Secretary Doug Collins announced that his department saved $900 million after viewing a mere 2% of government contracts. There are unfounded fears that the Trump Administration will cut veteran benefits or health care. Instead, these measures will provide the government with more aid for our veterans by eliminating government waste. The VA outsources […]
https://www.armstrongeconomics.com/wp-content/uploads/2025/02/Luna.mp4 COMMENT #1: Marty: You are always in the middle of everything. You endorsed this young girl and look at her rising. Your daughter said you picked the triple crown winner just by looking at the TV screen, and you don’t play the horses. You have an uncanny eye. DG COMMENT #2: Kids, There are […]
