Economics and Government

Capitalism defined

It cannot be stressed enough: without Capitalism, we’d be living at the level of a subsistence economy, constantly fighting among us for sca...

minds.com

All the haters can eat their hearts out: THERE IS NO RECESSION COMING 😅😅😅 INFLATION is DOWN to 2.1%, which is the usual target value for the FED, while income is up 0.8%, which is 3x the expectation! The trade balance deficit has been cut in half! https://www.nbcnews.com/business/economy/inflation-rate-slipped-2point1-april-lower-expected-rcna210003 https://www.ftportfolios.com/Commentary/EconomicResearch/2025/5/30/personal-income-rose-0.8percent-in-april Trump's magic is still working!

Economists worry that tariffs could spark another round of inflation, though the historical record shows that their impact is often minimal.

nbcnews.com

Trump Shows Off CNBC Touting Tariffs

IMD World Competitive Ranking Report 2025

Switzerland and Venezuela are at opposite ends, how surprising 🤣 https://www.imd.org/centers/wcc/world-competitiveness-center/rankings/world-competitiveness-ranking/ More concerning: France at rank 47 Germany at rank 27, which is probably too kind the US at 33 the UK at 36,...See more

How the stock market performs vs president and Congress

Forbes did the leg work and presented the stock market performance based on which party controlled the presidency, the House and the Senate. https://www.forbes.com/sites/mikepatton/2020/08/25/how-stocks-performed-based-on-political-party-of-president-and-congress-1977-through-2019/ Too bad they didn't include inflation... you'll have to extract that from, for example, here: https://www.macrotrends.net/2497/historical-inflation-rate-by-year

What $4 million will buy you in London