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Obama’s policies are playing havoc with the US economy

Gerard Jackson 27 Sept. – 3 Oct. 2010 As soon as Obama threw his hat into the presidential arena I warned that if he were to win the consequences for the US economy would be very grave. Time — and a...

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The deflation myth and why Americans should welcome falling prices

Gerard Jackson Monday 4 October 2010 Some economic pundits are warning — again — that deflation poses  a severe threat to the US economy, despite the fact that Bernanke is desperately trying to create...

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Wages, inflation and the Great Depression: The Reserve still does not get it

Gerard Jackson Monday 4 October 2010 The mining boom is making it very clear that the Reserve Bank and our commentariat are unlikely to ever grasp the relationship between inflation and wages. Whenever...

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Recessions and so-called “debt deflation”

Frank Shostak Monday 11 October Following the view of Irving Fisher some economists argue that deflation and the following depression is the result of over indebtedness. Fisher regarded...

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Will ‘technological unemployment’ be Obama and the Democrats latest defense?

Gerard Jackson Monday 11 October 2010 The news is out: things ain’t getting better, which means America’s phony media will have to start digging up more excuses for the Democrats’ failed economic...

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Obama’s leftwing beliefs created current conditions

Gerard Jackson 18 October 2010 I warned from day one that an Obama presidency would be a disaster for the US economy (not that it’s doing the body politic any good). Let us first clear the air about...

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Why the US economy is floundering and where it is going

Gerard Jackson Monday 18 October 2010 Last year I explained that there would no recovery and that manufacturing was heading for a slowdown. Both of these predictions came to pass. I am forever...

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Deflation is not the enemy — bad economics is

Gerard Jackson Monday 1 November 2010 According to Alan Blinder “the present danger is not inflation but deflation”. His pal Bernanke has driven the Fed’s funds rate down to zero while giving the US...

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Bernanke’s snake oil and Obama’s leftism will be the undoing of America

Gerard Jackson Monday 1 November 2010 What is truly remarkableis that any Democrats at all will survive the mid-term elections given that there probably has never been a more incompetent and dogmatic...

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The failure of Roosevelt’s New Deal proves why Obamanomics cannot work

Gerard Jackson Monday 8 November 2010 Americans are still regaled with tales that Obama’s spending binge and massive deficits are vital to an economic recovery. As evidence many of his supporters are...

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Bernanke’s inflationary binge could spark a currency war and ruin the dollar

Gerard Jackson Monday 8 November Bernanke’s monetary shenanigans are building up a host of problems, domestic and international. In the next 8 months or so he plans to pump nearly $900 million dollars...

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Are Obama’s policies burying the US economy?

Gerard Jackson Monday 28 March 2011 When Obama ran for president I warned that the man is a dogmatic leftist and Americans — those with any sense, that is — would rue the day he sat in the Oval Office....

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