Let me tell you how it will be There’s one for you, nineteen for me ‘Cause I’m the taxman Yeah, I’m the taxman These are the opening lyrics of the 1966 Beatles song “Taxman,” written by George Harrison. Why did he write it? Here’s my hypothesis. Source: We Need Another George Harrison

Traditional political wrangling over the debt ceiling is going nowhere. What about the gimmicks?

President Joe Biden and the media are excited about something new: a Central Bank Digital Currency, or CBDC. It’s a currency like Bitcoin, except controlled by the federal government.

The very term “debt limit” makes a mockery of any kind of responsible budgeting. Each time the government reaches the “limit” it gets raised with the familiar scenarios that include threats of a government shutdown (an idea that increasingly appeals to some conservatives) and the claim that the “full faith and credit” of the U.S. is at stake. We have...

House Speaker Kevin McCarthy has unveiled a sweeping package that would raise the nation’s debt limit by $1.5 trillion into next year. The Republican leader announced the bill Wednesday just as President Joe Biden was preparing to deliver a speech in Maryland. The 320-page package imposes a long list of Republican priorities, including new spending caps, work requirements for recipients...

One side of our economic challenges can be solved by controlling inflation, which requires raising interest rates. The other side can be controlled by increasing liquidity in our banks, thereby increasing inflation. Some say the Fed will be choosing between generational inflation and another banking crisis in the days ahead.

Silicon Valley Bank (SVB), whose collapse last week has triggered a global banking crisis, donated over $73 million to the BLM movement.  

Prices rose by 0.4 percent in February and core inflation was up 0.5 percent, the third consecutive month that it has increased.

The comments were Powell’s first since inflation unexpectedly jumped in January, and marked a stark acknowledgement that the “disinflationary process” he spoke of repeatedly in a Feb. 1 news conference was not unfolding smoothly.

Government imposes a million rules. Americans seem to want more! Leftists want new gun laws and bans on single-use plastics, gas stoves, fossil fuels, gas-powered cars, nuclear power.