By: The Editorial Board – wsj.com – Feburary 15, 2023 The nearby table shows how far the Biden revenue and outlay numbers exceed the U.S. historical norm. Revenues last year hit 19.6% of GDP, far above the 17.4% average over the last 50 years, and a share of the economy reached only in 1944, 1945 and 2000. The overall federal...

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....

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.

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...

Employee layoffs can be painful and disruptive for the affected employees and their families. But from an economic standpoint, they can be beneficial.

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 […]

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.”

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).

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.

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...