By: Arthur Laffer and Stephen Moore – wsj.com – June 23, 2024 The crazy economic theory that spending has no consequences. Under MMT, the crisis never ends. Proponents posit that because the dollar is the world reserve currency and the Treasury can sell bonds at low interest rates, Uncle Sam can spend and borrow limitlessly with no economic risk. As Stephanie Kelton,...

By: William A. Galston – wsj.com – June 25, 2024 Politicians need to recognize the urgency of cutting benefits or raising revenue. During the Obama administration, many economists and political commentators became worried that the U.S. faced endless budget deficits that could cause higher interest rates, depress investment, and slow economic growth. Some elected officials pressed for a so-called grand...

The better things get, the more desperately activists struggle to stay in business.

A government with a permanent deficit and a bloated military. A bogus ideology pushed by elites. Poor health among ordinary people. Senescent leaders. Sound familiar? Source: Niall Ferguson: We’re All Soviets Now | The Free Press

America is now almost $35 trillion in debt. That means every American owes $100,000.

Recent data suggest that although 83% of young adults are hoping to get married eventually, 73% also report that getting married is too expensive.

Biden has spent a half-century in government and doesn’t know what it’s like to run a business. Most Democrats are the same, never signing the front of a paycheck.  

By: The Editorial Board – wsj.com – May 10, 2024 The average annual inflation rate during his Presidency is 5.5%.Under Trump it was 1.9%. If our friends on the left want to stop berating voters and admit reality, they might look at the chart nearby from Dan Clifton of Strategas Research Partners. It compares the average annual consumer-price inflation rate...

By: Daniel J. Pilla – nationalreview.com – April 23, 2024 The Court is set to issue a ruling in June that could redefine taxable income, potentially opening the door to a whole range of new taxes. The “base” of our federal tax system is “income.” And that base functions by capturing the amount of “income” an individual or business earns over...

By: The Editorial Board – wsj.com  – April 21, 2024 The Justices hear an appeal of a Ninth Circuit ruling that makes it hard for cities to enforce public order or get treatment for addicts and the mentally ill. Like thousands of cities, Grants Pass, Ore., bans camping on public property. Offenses are punishable by a $295 fine and short...