Tag: government

Is That Socialism? The US Government’s Share Of Intel

“But isn’t that socialism?” This question was one reader’s response to last week’s column about the US government demanding 15% of Nvidia’s and AMD’s Chinese sales as the price of granting an export license. Since then, the Trump administration has forced a deal...

The Cost of SEC Compliance

The Cost of SEC ComplianceWatch this video on YouTube “I’m the auditor, and I’m here to help you.” Now, there’s a phrase to send cold chills down anyone’s spine. It doesn’t matter whether you’re a taxpayer, a company...

Help Wanted to Understand Unemployment Rate

In an economy that isn’t exactly robust, how can unemployment be going down? The recent drop in the unemployment rate from 8.1% to 7.8% caught almost everyone, including me, by surprise. The GDP grew by only 1.5% in the first quarter, and its growth was under 2%...

An Endless Supply of Dollars

Is the United States in danger of bankruptcy? Contrary to what you may read in the media or hear from many politicians, no, it isn’t. The US Treasury will never run out of dollars. It’s impossible. The reason is relatively simple. The US government owns a...

Medicare Surtax on Investment Gains

Dire Emails About New Medicare Surtax Have It WrongWatch this video on YouTube Ronald Reagan was noted for saying, “Trust but verify.” And that was before Al Gore invented the Internet. When it comes to believing forwarded emails with dire warnings,...