By: By Andrew T. Levin and Mickey D. Levy – wsj.com – September 19, 2022 Over the past year, the Fed has approached interest-rate adjustments on a meeting-by-meeting basis, focusing on minor differences about what it might do next. Meanwhile, prices continue to rise. The economy now faces a serious risk of persistent high inflation. To avert such disaster, the...

By: Charles C. W. Cooke – nationalreview.com – September 13, 2022 On the cardinal matter of inflation, Joe Biden is lost, and does not want to be found; he is blind, but does not want to see. Asked on last night’s 60 Minuteswhat he had to offer in response to the news that “last Tuesday, the annual inflation rate came...

By: Jim Geraghty – nationalreview.com – September 14, 2022 I had my doubts that having Secretary of Transportation Pete Buttigieg in the office back in October 2021 would have made much of a difference in the supply-chain crisis that bedeviled the country in the fall and winter. I contended that the more uncomfortable fact for the administration was that Buttigieg...

Fed Chairman Jerome Powell warned that he expects the central bank to continue raising rates in a way that will cause “some pain” to the economy.

Too many media pundits have moved the goal posts in judging how the Biden administration is performing on the economy.

You may recall the 1973-74 Arab oil embargo, and not favorably.  

Democratic U.S. Senator Kyrsten Sinema said on Thursday she agreed to “move forward” on a $430 billion drug pricing, energy and tax bill.

Nearly two dozen Republican governors slammed a massive spending bill that Democrats are trying to ram through the U.S. Senate in a statement Thursday, saying that the bill will worsen inflation.

Some politicians in Washington don’t understand that increasing federal spending is one of the chief causes of inflation. Senate Democrats just rolled out new legislation titled the ‘Inflation Reduction Act.’

By: Kevin D. Williamson – nationalreview.com – July 27, 2022 When is a recession not a recession? When it is bad for Democratic incumbents. From time immemorial, the definition of “recession” in the financial press and the political conversation has been “two or more consecutive quarters of declining real GDP.” The Biden administration, fearing bad news in the near future,...