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- christianhartselle
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Dates
- May 2025
- April 2025

W
Why Fitch Cut America’s Rating—and Why It Matters – by Dr. Cecil Bohanon and Dr. John Horowitz
- Fed
May 23, 2025 by christianhartselle
Originally written on 8/15/2023 Earlier this month, Fitch Rating Service downgraded the United States’ Long-Term Foreign-Currency Issuer Default Rating (IDR) from AAA to AA+. The current administration condemned the downgrade and blamed the previous administration, while the opposing party more or less hailed the downgrade. We suspect identical narratives would prevail if the party in […]

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M
Muncie’s New Neighbors – by Dr. Cecil Bohanon and Dr. John Horowitz
- Immigration
May 9, 2025 by christianhartselle
Originally written on 6/20/2023 June 20th is World Refugee Day. The United Nations reports that 20 people per minute “leave everything behind to escape war, persecution or terror.” That adds up to about 10.5 million additional refugees per year. Before the war in Ukraine displaced millions of people, nearly seventy percent of displaced persons came […]

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D
Development and the Environment – by Dr. Cecil Bohanon and Dr. John Horowitz
- Health economics
May 9, 2025 by christianhartselle
Many people are concerned about the risks to the environment from economic growth. During the late 1700s and 1800s, the Industrial Revolution in the United Kingdom increased output and pollution as people moved to cities, and factories and homes burned coal. English cities such as Manchester and London had a dull haze that continually hung […]

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A
A Trust Fund in Trouble – by Dr. Cecil Bohanon and Dr. John Horowitz
- Government
April 30, 2025 by christianhartselle
Recent news reports indicate the Social Security Trust Fund will run out of money in 2035. What should be done? First some background. Social Security currently spends $1.145 trillion per year, making it the largest government expenditure program in the United States and probably the largest expenditure program in the world. Social Security supports about […]

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I
It’s unlikely we’re heading for another Great Depression – by Dr. Cecil Bohanon and Dr. John Horowitz
- Inflation
April 29, 2025 by christianhartselle
Originally written on 10/4/2022 A recent Rasmussen poll asked a representative sample of adult voters: “Over the next few years, how likely is it that the United States will enter a 1930s-like Depression?” To our surprise, 57% indicated they thought it was very or somewhat likely, while 32% thought it was not very likely or […]

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