John A. Parnell, Ph.D.
In my recent post on Obama’s “bottom-up economics” I referred to supply-side economics and largely positive but with shortcomings. My reference to shortcomings generated multiple comments and questions on- and off-line. Let me explain—at the ....
In a Labor Day political push for a minimum wage increase, President Obama ridiculed trickle-down economics and reiterated his support for what he calls bottom-up economics. The former is the pejorative frequently associated with former ....
In 2009, President Obama and the Democrat Congress colluded to pass the Car Allowance Rebate System (CARS)—better known as CASH FOR CLUNKERS. As part of this economic/environmental stimulus program, car buyers who traded-in their gas ....
Why does the stock market rise or fall? The prospects of individual firms included in the Dow, the S&P 500, and other indexes move on their own, but up and down swings in an entire ....
In my last post I expressed my support for the Federal Reserve Accountability and Transparency Act (FRAT). Thursday's 317-point stock market decline underscores my point. I don't think it's possible for Fed intervention to stabilize ....
Congress is currently considering a reform measure that looks seriously into the inner workings of the Fed. The Federal Reserve Accountability and Transparency Act (FRAT) is long overdue and doesn’t go far enough, but it’s ....
On Monday the President hosted a Summit on Working Families, arguing that the business community is squeezing its workers and is not smart enough to adopt progressive policies without government mandates. One of the prominent ....
The economic meltdown in many parts of Latin America is not receiving much attention in the mainstream media, except as the scapegoat for the influx of kids at the U.S. southern border. While gang and ....
As a member of the higher education community, I am supposed to support any and every effort made by the feds to increase funding to college students. I do not, and I have explained my ....
I was watching ESPN the other day when the announcer referred to the process underway to remove Donald Sterling as owner of the LA Clippers franchise as a “constitutional formality.” The more I think about ....