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never-ending spending

Genetski: What’s Ahead in 2023?

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2022 saw rapid increases in spending, high inflation, little real growth, declining living standards and public discontent. What's ahead? Year that Was 2022 is the third...
Federal Reserve Building

Genetski: Different from Every Other Expansion?

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Genetski: The economy expands, as inflation (plus or minus productivity) works it way through. The Week That Was Most data show the economy continued to expand...
Pandemic Unemployment Aid

Genetski: Contracting Manufacturing and Service Sectors

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Contracting manufacturing and service sectors are consistent with a recession, and new orders for nonvolatile durable goods categories are unchanged. The Week That Was This week’s...
Federal Reserve Hikes Interest Rate

Genetski: Inflation Cools, but Economy Remains Hotter Than Fed Wants It to Be

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Today's report on incomes and consumer spending was consistent with the third quarter GDP report. The good news is inflation has cooled to around...
Home For Sale Real Estate Sign and Beautiful New House.

Genetski: Decline in Housing and Stocks Points to Recession

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Genetski: decline in housing and stocks points to a potentially large decline in business activity in coming months. The Week That Was There was little...
U.S. Senate

Genetski: Congress Doing Great Damage to Economy

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Congress has been busy doing great damage to the economy lately. The passage of the Chips for America Act and Reduce Inflation Act will...
monetary policy Fed economy Powell

Genetski: Fed Seems Determined to Shock Economy into Recession

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Fed shocks economy: "The Fed’s determination to shock the economy into a downturn appears to be working. ... With federal regulations bringing productivity to...
Jobs Report - Federal Reserve

Genetski: Jobs Report Is Good; Fed Not So Good on Inflation

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Jobs report shows employment growth remains strong, but economic fundamentals are weakening and the Fed showed it doesn’t know it is the cause of...

Genetski: Russia’s Invasion of the Ukraine Has Rattled Markets

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Russia's invasion of Ukraine dominated the news and rattled markets (see Market Forces below), which continued to decline. The Week That Was Today’s report on January...
A graph showing the ups and downs of the U.S. economy.

Genetski: Economic Forces Are Competing; Inflation Will Win

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The Fed continues to pump up the money supply, leading to rising prices, overvalued stocks, and slower GDP growth. The Fed also plans to...

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Charlotte Hawkins Brown

Charlotte Hawkins Brown: Education Under Difficulties

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Charlotte Hawkins Brown founded the Palmer Memorial Institute in North Carolina, educating black students during segregation.  by Jane Shaw Stroup The year 1901 was not a...

2023 Was a Record Year for Natural Gas Consumption

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By Bethany Blankley (The Center Square) – 2023 was a record year for domestic natural gas consumption, and its supply wouldn’t have been possible without...
A close-up image of a 'No trespassing - private property' sign hanging on a fence with green trees on the background

‘Open Fields’ Doctrine Allows Warrantless Searches

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'Open fields' doctrine allows warrantless searches of private land, where there is no “reasonable expectations of privacy.” (Commentary) By Joshua Windham Terry Rainwaters was at home on...