Peter St Onge, Freelance Journalist Profile

Articles

World Population is Collapsing

2 weeks ago | profstonge.com | Peter St Onge

Will humans go extinct? In an interview last week Elon Musk was asked what keeps him up at night. His response was that crashing birth rates could destroy civilization. Or even wipe out humanity. Elon noted that in some countries births are one third replacement level. In Japan, for example, on average 4 grandparents yield a single grandchild. In Korea, 100 Koreans will become just 8 great-grandchildren. As in a country shrinks to a single city.
Why do Boomers Own Everything?

3 weeks ago | profstonge.com | Peter St Onge

Last week Treasury Secretary Scott Bessent reported that the top 10% of Americans account for half of consumption — a new record. This 10% is, of course, overwhelmingly Baby Boomers. Who've spent the past 50 years having their assets pumped by the Federal Reserve while voting for big government that knocks the first rungs out of the career ladder for the young.
China is Terrified of Trump

1 month ago | profstonge.com | Peter St Onge

China is terrified that Donald Trump could turn it into a Japan-style zombie economy. According to the Wall Street Journal, China is "Right to worry.”The reason is Trump's aggressive tariffs on China -- with more to come on April 2nd -- are hitting when China's economy is already reeling from failed central planning. This includes trillions of overcapacity dumped into state favorites from green energy and EV's to semiconductors and commercial aircraft.
Inflation Falls by Half

1 month ago | profstonge.com | Peter St Onge

Donald Trump just cut monthly inflation in half. Including eggs, down 30% and now below where they were on Biden's last day. So much for media's doom-loop how tariffs will give us the hyperinflations. Yesterday, the Bureau of Labor Statistics came out with Trump's very first inflation report card, saying CPI rose just 2.4% annualized on the month. That's way down from Joe Biden's last inflation read of 5.7% annualized. So 3 and a half points in 28 days. Visit our Lead Sponsor, Unchained.com.
Economic Warfare is Still Warfare

2 months ago | underthrow.substack.com | Max Borders |Peter St Onge

War is the health of the state. —Randolph BourneIf soldiers are not to cross international boundaries on missions of war, goods must cross them on missions of peace. —Otto T. MalleryEconomic warfare is preferable to kinetic warfare, but economic warfare is still warfare. President Trump, full of characteristic bluster and bombast, is threatening war on multiple fronts. Tariff threats seem to be the only weapon in the arsenal.
Trump Doubles-Down to Repeal Income Tax

2 months ago | profstonge.com | Peter St Onge

Donald Trump is doubling down on completely repealing the income tax, replacing it with tariffs on foreigners. The left, who uses the income tax to suck the blood from the American people on behalf of giant corporations and pink-haired child mutilators, are popping their little heads. During the campaign, Trump had repeatedly mused what if we just get rid of the income tax and abolish the IRS.
La déréglementation bancaire de Donald Trump

Jan 13, 2025 | epochtimes.fr | Peter St Onge

Donald Trump veut délier le secteur financier pour injecter des crédits dans l’économie. La croissance en sera-t-elle stimulée ? Ou l’inflation ? Le Wall Street Journal a récemment résumé les projets de Donald Trump visant à éliminer les chevauchements, les doublons et les réglementations qui excluent les concurrents et réduisent les prêts.
Every Bureaucrat Destroys 138 Jobs

Dec 29, 2024 | brownstone.org | Peter St Onge

An Auburn University study says every single regulator destroys fully 138 private sector jobs every year you keep him on the job. With nearly 300,000 federal regulators, the shock is that we still have any jobs at all. A lot of the excitement around the Department of Government Efficiency — DOGE — focuses on the dollars saved. But more important is all the things the federal government destroys with those dollars.
Pentagon loses track of $2.5 trillion

Nov 26, 2024 | readlion.com | Peter St Onge |Logan Washburn |Suzanne Bowdey |Cully Stimson

(The Daily Signal) – The Pentagon has failed its seventh audit in a row, losing track of $2.5 trillion worth of assets. Where will Elon Musk possibly find $2 trillion of waste and fraud? Last week, the Pentagon once again failed its legally mandated annual audit, suggesting that government workers are, in fact, above the law. Now the Defense Department is promising to get its books sorted by … 2028. Which just so happens to be Donald Trump’s last year in office.
IRS compliance costs Americans $54B per year

Nov 25, 2024 | readlion.com | Peter St Onge |Benjamin Yount |Michael Ryan |Richard Stern

(The Daily Signal) – Americans spend over $500 billion per year defending themselves against the IRS. That’s spitting distance from the $800 billion the Defense Department spends protecting us against foreigners—well, failing to protect, in the case of the border. So, forget Ukraine. Forget ISIS. The calls are coming from inside the house.