Since money-printing went into permanent high gear after the dotcom crash in 2000, the top 1% of households have gained $20 million each in inflation-adjusted net worth. Likewise, the top 0.1% or 131,000 households at the tippy top of the economic ladder have gained $88 million each in inflation-adjusted net worth.

For the last few generations, Western civilization has been under attack. But recently, there were some excellent defenses of it made by Bill Maher (earlier this month) and by Greg Gutfeld in his program on Fox News Channel last Friday. Gutfeld said: “So let’s talk about the death of Western civilization. It’s in trouble, people.…

You must be lonely. The media say loneliness is everywhere in America. A Los Angeles Times columnist says, “There’s a mass loneliness crisis going on.”

In a romantic relationship, one cannot generally influence his partner’s emotions with rational argument. Feelings are unmediated, unruly, and mostly instinctual things. The same may be said for our…

President Joe Biden says 24 million Americans “suffer from food insecurity!” News anchors were shocked that there is “food insecurity in the richest country in the world!” ABC hosts turned “insecurity” into “hunger.”

Economists have long recognized a phenomenon known as the “wealth effect.” When “households become richer as a result of a rise in asset values, such as corporate stock prices or home values, they spend more and stimulate the broader economy.” Americans at all income levels experienced the wealth effect during the Trump years. “Bidenomics” has brought the wealth effect to a screeching halt, which is one big reason why President Biden’s polling numbers are so low.

As President Joe Biden travels the country to promote Bidenomics, let’s see if he highlights one area where he is the undisputed leader when compared to other presidents: the exploding federal deficit.

By: Noah Rothman – nationalreview.com – August 9, 2023 In June, the Biden White House pushed all its chips in on a big gamble. The administration took full ownership of the economic status quo with which most Americans were deeply dissatisfied, branding it a product of “Bidenomics.” The administration assumed that conditions would continue to improve into 2024 to such an extent...

The US is no longer the big dog in women’s soccer.

By: Stephen Miran – nationalreview.com – August 3, 2023 Federal-government debt that exceeds 100 percent of GDP is wildly irresponsible. THIS week’s downgrade of the United States by Fitch Ratings is both absolutely merited and totally absurd. It’s absurd because ratings are fundamentally about default risk and the United States has no foreign currency debt, and it has a central...