income


The Demise of the Left

By Dr. Paul Craig Roberts Paul Craig Roberts.org January 27, 2017   The Demise of the Left   On several occasions I have asked in my columns the rhetorical question: What became of the left? Today I answer my question. The answer is that the European and American left, which traditionally stood for the working […]

Dr. Paul Craig Roberts

IRS Numbers Show Little Income Growth for Americans

IRS Numbers Show Little Income Growth for Americans

By Ryan McMaken Mises Institute September 18, 2016   IRS Numbers Show Little Income Growth for Americans   Earlier this week, Charles Hugh Smith suggested that the federal government abandon its use of survey-based employment data and instead simply use IRS data on incomes and tax filings to estimate trends in employment and income. As Smith notes, […]


Tim Cook and Apple’s Gross Hypocrisy on Taxes

By Jeff Deist Mises Institute September 1, 2016   Tim Cook and Apple’s Gross Hypocrisy on Taxes   Apple Inc., the US corporate parent of dozens of foreign legal entities, has been hit with a $14.6 billion tax bill by a commission of the European Union. At the heart of the commission’s complaint is an alleged antitrust […]

Tim Cook and Apple's Gross Hypocrisy on Taxes

Why Do Americans Have Such High Incomes and So Little Savings?

Why Do Americans Have Such High Incomes and So Little Savings?

By Ryan McMaken Mises Institute August 29, 2016   Why Do Americans Have Such High Incomes and So Little Savings?   Americans have more disposable income than nearly every other country on earth. The few exceptions include a handful of northern Western European states and some small city states like Monaco. Even when accounting for government […]


11 Million Spent Half of Their Income on Rent. Why the Government Is to Blame.

11 Million Spent Half of Their Income on Rent. Why the Government Is to Blame.

By Patrick Tyrrell The Daily Signal June 28, 2016     A recent report out of Harvard University has found the number of struggling household renters at an all-time high. A table in the appendix of the report shows that almost half (49.3 percent) of renters in 2014 spent at least 30 percent of their household […]


Employment Lies ~ Paul Craig Roberts

By Dr. Paul Craig Roberts Paul Craig Roberts.org June 3, 2016   Employment Lies     June 3, 2016. Today the Bureau of Labor Statistics announced that the US economy only created 38,000 new jobs in May and revised down by 59,000 jobs the previously reported gains in March and April. Yet the BLS reported […]

Dr. Paul Craig Roberts

Why Median Incomes Probably Are Really Going Down

Why Median Incomes Probably Are Really Going Down

By Ryan McMaken Mises.org May 11, 2016   Why Median Incomes Probably Are Really Going Down   In response to last week’s post on median incomes, several readers responded on Twitter with links to posts by the American Enterprise Institute think tank which explain some of the problems with using measures of household income. At the Mises […]


Beware of the Chaos of Helicopter Money

By Daily Bell Staff The Daily Bell May 11, 2016   Beware of the Chaos of Helicopter Money     Indian central bank governor says helicopter money no panacea … Indian Central Bank Governor Raghuram Rajan said on Tuesday that he had doubts “helicopter money”, or free cash given directly to citizens to stimulate growth, […]

Beware of the Chaos of Helicopter Money

When is Tax Freedom Day 2016 in your state?

When is Tax Freedom Day 2016 in your state?

By Scott Greenberg Tax Foundation April 6, 2015 Tax Freedom Day 2016 is April 24   Tax Freedom Day 2016 (PDF) Key Findings This year, Tax Freedom Day falls on April 24, or 114 days into the year (excluding Leap Day). Americans will pay $3.3 trillion in federal taxes and $1.6 trillion in state and […]


Jobs Report Blues

By Dr. Paul Craig Roberts Paul Craig Roberts.org April 4, 2016   Jobs Report Blues   On Friday the Bureau of Labor Statistics reported that there were 215,000 new jobs in March. John Williams of ShadowStats.com reports that these “new jobs” result from the the Birth-Death model that “artificially inflates headline month-to-month payroll gains with […]

Dr. Paul Craig Roberts

Dr. Paul Craig Roberts

The US Economy Has Not Recovered And Will Not Recover ~ Paul Craig Roberts

By Dr. Paul Craig Roberts Paul Craig Roberts.org February 20, 2016   The US Economy Has Not Recovered And Will Not Recover     The US economy died when middle class jobs were offshored and when the financial system was deregulated. Jobs offshoring benefitted Wall Street, corporate executives, and shareholders, because lower labor and compliance […]


Is this only for “tax cheats” and “moochers”?

By Mark Nestmann Nestmann.com February 19, 2016   Is this only for “tax cheats” and “moochers”?     Earlier this month, the Federal Register published its quarterly list of former US citizens and permanent residents who have “expatriated,” i.e., given up their US citizenship or permanent residence. The published data comes from the IRS, which […]


Retail Apocalypse: 2016 Brings Empty Shelves And Store Closings All Across America

Retail Apocalypse: 2016 Brings Empty Shelves And Store Closings All Across America

By Michael Snyder End Of The American Dream February 1, 2016 Retail Apocalypse: 2016 Brings Empty Shelves And Store Closings All Across America     Major retailers in the United States are shutting down hundreds of stores, and shoppers are reporting alarmingly bare shelves in many retail locations that are still open all over the […]


By One Measure, 95.46 Million Are Dependent on the Federal Government

By Patrick Tyrrell The Daily Signal December 21, 2015   By One Measure, 95.46 Million Are Dependent on the Federal Government     How many people are dependent on the federal government? That’s a hard nut to crack. Counting people who rely on the government to sustain their lifestyles is more complicated than simply counting […]