The spike in food, fuel and fertilizer prices sparked by the war in Ukraine is threatening to push countries around the world into famine, a U.N. official warns.

Almost all of the media attention and debate around President Biden’s student loan forgiveness executive order has been focused on past and present students who currently have student loans—what’s referred to as a one-time loan forgiveness (or debt cancellation). But …

The Democrats’ “Inflation Reduction Act” will not decrease inflation, but it will shovel hundreds of billions of dollars in corporate welfare to lucky companies and their lobbyists.  

In most aspects of life, having a firm grasp of the fundamentals is critical for good decision-making and success. While we may not like the fact that water tends to flow downhill, anyone wanting to swim upstream better take that fact into consideration before venturing into the water.

Neither headline numbers nor reasoned economic assessments reveal the toll that surging prices take on many households. The non-monetary cost of today’s high inflation follows hard on the heels of the very different but similarly wrenching COVID-19 pandemic, and will likely have two profound consequences.

Democrats apparently are convinced we’re a nation of tax cheats. The same people who have repeatedly claimed there is no election fraud think that large swaths of the public, especially high-income Americans and corporations, are not just avoiding taxes, which is perfectly legal, but cheating the government out of hundreds of billions of dollars in federal income tax obligations.  

Economists know that taxes and government spending can distort individuals’ and companies’ economic decisions in both good and bad ways. And so responsible policymakers look for taxes that minimize those distortions. That is not the Democrats’ approach.

Households in lower-income countries typically spend a higher percentage of their income on food, making the pain of food inflation more extreme.

Some politicians in Washington don’t understand that increasing federal spending is one of the chief causes of inflation. Senate Democrats just rolled out new legislation titled the ‘Inflation Reduction Act.’

By: Kevin D. Williamson – nationalreview.com – July 27, 2022 When is a recession not a recession? When it is bad for Democratic incumbents. From time immemorial, the definition of “recession” in the financial press and the political conversation has been “two or more consecutive quarters of declining real GDP.” The Biden administration, fearing bad news in the near future,...