Legendary political strategist Lee Atwater famously observed that "perception is reality." In other words, how someone feels about a situation often matters more than what the facts actually are. According to a recent Pew Research Center survey, nearly four in five Americans believe the U.S. economy is in fair or [...]
Last week, my wife, Karen, and I were in Massachusetts providing an American History trip to our seventh grandchild. We were gratified to learn that she knew more about the country’s beginning than almost all of the previous six travelers to New England with us. We begin with a tour [...]
Last month, the United States crossed another remarkable financial milestone when the national debt exceeded $40 trillion for the first time. With no signs of it slowing down, today I thought it would be useful to take a closer look at what it might it might mean for us moving [...]
In late June, one of the most influential figures in modern American economics, Alan Greenspan, passed away at the age of 100. For nearly two decades, he chaired the Federal Reserve, serving under four presidents and presiding over an unprecedented period of low inflation, rapid technological innovation, and one of [...]
This past weekend, the United States and Israel launched coordinated strikes on Iranian political and military targets, resulting in the death of Supreme Leader Ayatollah Ali Khamenei along with several senior Iranian officials. In response, Tehran retaliated with missile strikes against U.S. and Israeli targets across the region. Predictably, these [...]
I’m not sure how many of you noticed, but during this year’s Super Bowl an advertisement aired promoting the newly created Trump Accounts, a provision included in the “One Big Beautiful Bill Act” signed into law on July 4, 2025. The most widely publicized feature of these accounts is the [...]
As many of you know, several weeks ago the Federal Reserve, under Chairman Jerome Powell, announced a quarter-percent cut to its key interest rate, the first of 2025. Both in announcing this cut and in later remarks, Powell emphasized that the Fed intends to move cautiously, balancing the risk of [...]
On January 5th of this year, with bipartisan congressional support, President Biden signed into law the Social Security Fairness Act. Some workers (including certain state or local government employees, and teachers) are now entitled to higher Social Security payments. This means a retired Missouri public school teacher who never paid [...]
After months of heated debate and partisan gridlock, President Trump signed the Big Beautiful Bill into law on July 4th, making it the most sweeping policy achievement of his second term to date. This landmark legislation includes major changes to the U.S. tax code. Today, I want to break down [...]
Many experts said it was only a matter of time before the bromance between Donald Trump and Elon Musk would go south. This past week, we all got a front-row seat as their partnership blew up like a 50-megaton hydrogen bomb, leaving devastation in its wake. You might wonder: what [...]
