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Business Government

Economists Take a Stand Against Class Warfare

By: Todd Smekens Muncie, Indiana – As I wrote about last month, the budget cuts and tax reform bill approved in both the senate and house, are Robin Hood in reverse. As Paul Ryan tipped his hat recently on Twitter, the next plan of attack on the American people will occur in 2018 over cuts/reforms […]

Categories
Government

The Evolution Of CPI Since Reagan

MUNCIE, IN – One of the primary goals of the Federal Open Market Committee (FOMC) is to keep the U.S. inflation rate at two percent. This magic number, if met over a given period, allows the Fed to satisfy its mandates of maximum employment and price stability. Despite the Fed insisting it uses “various indexes” […]

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Culture

U.S. Economics: Who is Really “Gaming the System”?

Muncie, Indiana – If you listen to Indiana conservatives: Mitch Daniels, Mike Pence, Luke Messer, Dan Coats, and all the free market pundits allowed to write in Muncie’s Gannett owned newspaper, like Larry Riley, the Indiana Policy Review and Michael Hicks, you’d think our country was full of lazy people who are “gaming the system” […]