Fed Predictions Flounder: Hayek Once Again Vindicated

Recently President Obama has been touting the “great economic recovery” that has been supposedly ushered in under his presidency. An interest rake hike coming out of the Federal Reserve this month would be the icing on the cake for this politically delicious narrative. All the signs of one happening were there: steady increases each month in the…

1/3 of people between 18 and 34 are living with their parents

1/3 of people between 18 and 34 are living with their parents

A recent study has revealed an unfortunate side effect of our floundering economy. A stagnant job market and staggering student loan debt has left struggling young people with little recourse other than to save money where they can, no matter how embarrassing the measures. It’s now estimated that one-third of people 18 to 34 years…