The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
Washington DC, After a rocky start to 2025 driven by the effects of the Trump-era tariff tensions, the American economy is showing strong signs of resilience. According to the Atlanta Federal Reserve, the estimated GDP growth for the first two months of the second quarter now sits at a robust 4.6%.
Continue reading U.S. Economy Surges in Q2 Despite Early-Year Tariff Turmoil
the staff of the Ridgewood blog
Washington DC, as rumors swirl about a potential millionaire surtax and an increase in the top income tax rate to 40% or more, conservative voices are sounding the alarm. Many warn that such a move would represent a dramatic departure from the Republican Party’s long-standing commitment to low taxes and free-market economics — a formula credited with driving U.S. prosperity since the Reagan era.
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the staff of the Ridgewood blog
Chicago Il, Federal Reserve Chairman Jerome Powell issued a cautious economic outlook on Wednesday, stating that the central bank will “wait for greater clarity” before considering any changes to interest rates. His comments come amid rising concerns that President Trump’s tariffs may fuel both higher inflation and slower economic growth, creating a policy dilemma for the Fed.
Continue reading Fed Chair Jerome Powell: Tariffs Could Spark Higher Inflation, Slower Growth
the staff of the Ridgewood blog
We have often said that last government shut down was the best two weeks of my life , according to Thomas J. DiLorenzo Government shutdowns often bring a whirlwind of fear and frustration. But are these crises entirely organic, or are they carefully orchestrated tactics? Enter the “Washington Monument Syndrome,” a term coined to describe how government agencies weaponize services to protect their budgets.
Continue reading The Government Shutdown: Unpacking the Washington Monument Syndrome
