President Joe Biden does not want to admit it. But let me tell you that it is now confirmed that the American economy is in recession. Latest data show that the gross domestic product (GDP) fell 1.6 percent in the first quarter and fell 0.9 percent in the second quarter. Many textbooks define “recession” as…
Category: Finance/Economy
WHAT CLIMATE ACTIVISTS WON’T TELL YOU
Here’s the reality that climate activists won’t tell you: fossil fuels help drive America forward. The Biden administration has imposed restrictions on domestic oil and gas production, and also canceled the Keystone XL Pipeline project. As a result, America is now dependent on foreign oil producers. Dependence on foreign oil producers makes the American economy…
LONG LINES AND EMPTY SHELVES
If you thought that the problem of shortages at grocery stores is over, you may be wrong. Over a period of many months, I have experienced the lack of availability of products when shopping for groceries. To this day, the problem continues. Even when products are available, the range of brand options have been reduced….
COVID RULES AND LOCKDOWNS: WHO SUFFERED THE MOST?
Since the outbreak of COVID19, there came a wave of public health guidelines, rules, restrictions, and mandates. As a result, Americans suffered financially, emotionally, as well as physically. Americans of all ages, from all walks of life, suffered from the intrusive government orders that affected their personal, professional, and social lives. Many working-age Americans saw…
WILL AVERAGE GAS PRICE REACH FOUR DOLLARS PER GALLON?
Americans expect gasoline to be affordable. Unfortunately, we have experienced high gas prices for months. Back in October, I asked the question: “When will gasoline prices go down?” Sadly, it has been reported that prices may rise further to reach a national average of four dollars per gallon. High gas prices are causing hardship for…
PRIVATE SECTOR VACCINE MANDATE WILL HURT NEW YORK CITY BUSINESSES
This month, the vaccine mandate for private businesses in New York City, announced by outgoing Mayor Bill de Blasio, went into effect. The mandate will hurt the private sector. Unfortunately, Mayor-elect Eric Adams has said that the vaccine mandate will remain in place. According to the mandate, all private sector employees in New York City…
NYC VACCINE MANDATE MUST BE WITHDRAWN OR OVERTURNED
The United States of America is a free country. COVID19 vaccine mandates infringe on people’s freedom and also hurt the economy. Bill de Blasio, the outgoing mayor of New York City, recently announced a vaccine mandate for all private sector employers. I believe this mandate should be withdrawn or overturned. Mayor Bill de Blasio announced…
SMASH-AND-GRAB CRIMES ERODE PROPERTY RIGHTS
Reports of recent smash-and-grab crimes are extremely disturbing. If such crimes are not prevented and if criminals are not prosecuted, then property rights in America will be eroded. In the United States of America, individuals have the right to own private property. America is a nation of laws. This means that the state must enforce…
ECONOMIC CHALLENGES CONTINUE EVEN AFTER THANKSGIVING DAY
President Joe Biden, while speaking to Al Roker of NBC on Thanksgiving Day, enthusiastically claimed that “America is back”. His words were an expression of joy, contrary to what millions of Americans are feeling as they deal with inflation, worker crisis, and shortage of essential products. Thanksgiving Day is a special day. Across the country,…
WHEN WILL GASOLINE PRICES GO DOWN?
High gasoline prices at the pump are causing great pain and suffering for Americans. Here in Madison, Wisconsin, at a gas station close to where I live, the price of regular gasoline has increased significantly and is now approximately $3.09 per gallon, while the premium grade costs close to $4. The Biden administration’s policies have…
NEW COVID RESTRICTIONS WOULD DESTROY WI’S RESTAURANT INDUSTRY
Just when Wisconsin’s restaurant industry thought that COVID-related restrictions would be eased, making way for people to get back to reviving their businesses and making up for the losses incurred over the last several months, the governor of Wisconsin announced additional restrictions. The new order would hurt the already-struggling restaurants in the state, and could…
EMERGENCY TRAVEL ORDER WOULD GREATLY HURT CHICAGO’S TOURISM INDUSTRY
Mayor Lori Lightfoot’s decision to add Wisconsin to Chicago’s coronavirus travel advisory would hurt the city’s tourism and economy. Mayor Lightfoot announced on Monday that Wisconsin would be added to Chicago’s “Emergency Travel Order”, starting Friday. This means that anyone traveling to Chicago from Wisconsin, or returning to Chicago after visiting Wisconsin, would be required…
MY FIRST RESTAURANT EXPERIENCE AFTER THE END OF CORONAVIRUS LOCKDOWN
Yesterday, for the first time in months, I went to a restaurant for dine-in service. This visit was possible because of the gradual lifting of lockdown restrictions in America. I live in Dane County, Wisconsin, where the county-issued “safer at home” directive would expire on Tuesday, May 26, 2020. However, following the Wisconsin Supreme Court…
“COVID19 SURCHARGE” – A POSSIBLE ADDITION TO YOUR RESTAURANT BILL
Some restaurants are adding a “COVID19 surcharge” on the bill. Reportedly, this surcharge would help offset the rising cost of food during the pandemic. Whether restaurants should add this fee is open for debate. Restaurants have been extremely adversely affected because of the global pandemic. They were forced to close their doors to dine-in customers….
POST-PANDEMIC, WE WILL BE STRONGER AS A NATION
I believe that life will be very different, following the coronavirus pandemic. But I also believe that as a nation, America will be stronger than ever before. The coronavirus pandemic has deeply impacted us. Not only did this virus infect well over a million people in America, it also claimed tens of thousands of lives….
TESLA SUES ALAMEDA COUNTY, THREATENS TO MOVE FACTORY TO BUSINESS-FRIENDLY STATES
I applaud Tesla’s decision to sue Alameda County over the county’s directive that the automaker should not reopen its factory in Fremont, California, as long as the lockdown remains in effect. Businesses, large and small, are already in tremendous pain over these lockdown orders in many states across the country. Some businesses have hit rock-bottom…
TAKE EXEMPLARY ACTION AGAINST PRICE-GOUGERS
Many attorneys general from across America are demanding action on price gouging. Given the nature of the consumer market, and the volume of business that take places online, companies such as Amazon and Facebook must step up and ensure that they prevent sellers from unfairly inflating prices amidst the coronavirus pandemic. Americans are not only…