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Chris McDaniel’s Lesson: Clueless Conservatism Loses

The following was written by Louis Woodhill for Forbes Magazine June 26, 2014. (http://www.forbes.com/sites/louiswoodhill/2014/06/26/chris-mcdaniels-lesson-clueless-conservatism-loses) In Tuesday’s Republican primary runoff in Mississippi, Chris McDaniel could have run on an economic growth platform and won, but he chose to run as a clueless conservative, and he lost. The lesson from this race is clear. If conservatives forget […]

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Obama needs a teleprompter

With Jobs Stagnant, Obama Tries To Change The Subject

This financial commentary by Louis Woodhill first appeared June 9, 2014, on RealClearMarkets.com. (http://www.realclearmarkets.com/articles/2014/06/09/with_jobs_stagnant_obama_tries_to_change_the_subject_101109.html) Employment is a lagging indicator of the state of the economy. So, it is not surprising that, after real GDP (RGDP) growth went into reverse in 1Q2014 (by contracting at a 1% annualized rate), we have seen a significant deterioration in […]

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We Need A Boring Monetary Policy

“Look guys. If you’re ever out on a first date, and you want to be sure that you don’t get a second date, talk about monetary policy.” –Steve Forbes Yes, monetary policy is boring. However, market panics, financial crises, recessions, unemployment, and poverty can also get boring after a while. Unfortunately, it now seems clear […]

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