Economy
Articles
February 15th, 2023
Masked man walks past store w sale posters in windows
By: The Editorial Board – wsj.com – Feburary 14, 2023 The inflation rate for the last 12 months fell to 6.4%, which continues the trend of recent months after it reached a peak of 9.1% in June. But inflation remains stubbornly high and suggests that the Federal Reserve has been right in saying that it has more work to do....
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Articles
February 2nd, 2023
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Progressives and most Democrats want the $31.4 trillion federal debt ceiling raised without any Republican preconditions. Better yet, in their view, it should be completely eliminated.
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Articles
January 26th, 2023
Skewed view of US Capitol
By: The Editorial Board – wsj.com – January 25, 2023 The Government Accountability Office this week released a review of the Labor Department’s handling of $878 billion in unemployment insurance handouts from April 2020 to September 2022. Labor estimates that fraud in its normal unemployment program hit $8.5 billion from July 2020 through June 2021. That’s 8.6% of outlays. GAO...
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Articles
January 26th, 2023
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Employee layoffs can be painful and disruptive for the affected employees and their families. But from an economic standpoint, they can be beneficial.
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Articles
January 11th, 2023
Discount sales tags
For years, the only supermarket serving the Pine Ridge Indian Reservation in southwest South Dakota was run-down and a threat to public health. Inspectors from the Indian Health Service repeatedly cited its distant corporate owners for food safety violations, such as mixing rotten hamburger with fresh meat and repackaging it for sale. So leaders of […]
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Articles
December 30th, 2022
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The most galling thing about the omnibus is that more than $400 million is dished out to American allies to assist them in their “border security.”
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Articles
December 29th, 2022
dead tree growing out of skull w Capitol ball ornaments
Congress just passed a $1.7 trillion (that is trillion with a T) budget that President Biden has signed. Those who voted for it claimed it was a Christmas gift to the American people, when in actuality it was a stocking full of coal (and most people had not even been naughty in 2022).
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Articles
December 22nd, 2022
Schumer, McConnel, McCarthy
If passed, the burdens of this monstrous spending bill will stifle our economy and fray the fabric of our civil society for years to come.
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Articles
December 21st, 2022
lots - waves of money
By: The Editorial Board – wsj.com – December 20, 2022 The 117th Congress has been the most spendthrift in history, and this week it plans to go out with one final bipartisan back-slapping hurrah—a 4,155-page omnibus spending bill that is the worst in history. This is no way to govern in a democracy, but here we are. Democrats failed in...
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Articles
December 21st, 2022
House Minority Leader Kevin McCarthy & Sen Mitch McConnell
By: John McCormack – nationalreview.com – December 20, 2022 Congressional GOP leaders Mitch McConnell and Kevin McCarthy are at odds over the 4,155-page, $1.7 trillion year-end omnibus spending bill that was released around 1:30 a.m. on Tuesday. McConnell announced support for the bill in Senate floor remarks later Tuesday. “The bipartisan government-funding bill that Senators Shelby and Leahy have finished...
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