Earlier this month, I made the case in Forecasts & Trends that today’s true inflation rate is more like 12% than the government’s 8.5% reading of the Consumer Price Index at the time. In reality, my case was not all that strong since I suggested we should go back to the way we used to… Continue Reading
Category Archives: Political & Geopolitical
Three of Four Key Senate Races Lean Democratic
With the general elections just two months away, pollsters are honing their voter surveys, and in most states, the likely results look pretty clear. The Republicans are widely expected to win 50 to 100 seats in the House of Representatives, easily taking back the majority. In the Senate, there are a total of 35 seats… Continue Reading
Global Population Growth Hits Lowest Level Since 1950
When I was a kid growing up in the 1960s, there were widespread concerns about overpopulation. I remember Paul Ehrlich’s best-selling book, The Population Bomb, which was released in 1968. The book predicted widespread shortages of just about everything within our lifetimes. Of course, that didn’t happen. Despite Ehrlich’s book, having and raising kids was… Continue Reading
Social Security Checks Could Rise By 10% In 2023
Last month, the Social Security Administration said it planned to increase its cost-of-living adjustment (COLA) for 2023 by 10.5%, the largest boost in decades. That would have brought the average Social Security recipient’s benefit up by $175 to $1,668 a month. The change in the expected COLA each year is largely based on the Consumer… Continue Reading
Biden Puts IRS Funding Ahead of Military & Border Security
Americans should be deeply troubled by the recent report that the Army is on pace to miss its recruiting goal by dozens of thousands of troops this year and by another report which followed a few days later, alleging that the Border Patrol is running dangerously short of agents in Arizona and Texas. The border… Continue Reading