Economics
February 14th, 2024
Last week, it was amusing/pathetic the way the White House explained away the decision not to have President Biden sit for the recent tradition of the Super Bowl interview with the host network.
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January 5th, 2024
As a new year dawns, it’s customary to reflect on the past and set resolutions for the future. This year, let’s resolve to greet three widespread claims with healthy doses of skepticism.
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December 19th, 2023
By: Chris Edwards – nationalreview.com – December 18, 2023 Cutting federal aid to the states would reduce our national debt while improving governance. Federal debt is soaring to dangerous levels. Debt held by the public now tops $26 trillion, or $200,000 for every household in the nation. The debt relative to the size of the economy will soon hit an all-time...
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December 6th, 2023
Harvard’s University’s graduate-student union recently approved by a vote of 402 to 210 a resolution denouncing what it called “the murderous Israeli regime” and the “ongoing genocide of the Palestinians.”
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December 5th, 2023
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.
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December 1st, 2023
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.…
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December 1st, 2023
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.”
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November 29th, 2023
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…
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November 2nd, 2023
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.”
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October 6th, 2023
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.
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