By: The Editorial Board – wsj.com – January 19, 2023 After winning the Iowa caucuses Monday, Mr. Trump replayed a golden oldie of a campaign pledge: “We’re also going to pay off the national debt. It’s about time.” He said the same thing in 2016, before he added about $8 trillion to the tab. Roughly half of that was Covid...

By: Phil Gramm and Donald J. Boudreaux – wsj.com – January 17, 2023 The evidence shows they benefited a politically connected few, while U.S. consumers and producers paid the bill. But protectionism shrinks rather than expands production. It does so most directly by obstructing U.S.-based producers’ access to inputs. As Dartmouth’s Douglas Irwin has shown, more than half of American imports...

Like green shoots poking up through snow in early spring, more signs of resistance are emerging every day. We may be witnessing a massive rejection of the grim future fashioned for us by ruling elites, whose narrative of radical change is collapsing. Americans are not buying what they’re selling.

By: Charles C. W. Cooke – nationalreview.com – January 9, 2024 Governor Josh Shapiro of Pennsylvania seems to have worked out what ought to have been entirely obvious to everyone lo these many years: That the easiest way to defeat the silliest people within our society is simply to tell them “No.” Having learned that the Biden administration intended to...

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.

By: Dan McLaughlin – nationalreview.com – January 2, 2023 Joe Biden’s approval ratings on the economy have been dreadful for quite some time now and show no sign of improving. Last month, the Wall Street Journal found that “only 23% of voters say Biden’s policies have helped them personally, while 53% say they have been hurt by the president’s agenda. By contrast, about half of voters...

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...

By: Katie Pavlich – townhall.com – December 15, 2023 During remarks at the White House this week, President Joe Biden made one of his most disingenuous claims yet against Republicans.  “Congress needs to pass the supplemental funding for Ukraine before they break for the holiday recess — before they give Putin the greatest Christmas gift they could possibly give him. And...

Within months, all but the top 1% of consumers will likely be doing worse than they were before COVID, in the bank’s view. Source: 99% of Americans to Be Financially Worse-Off Than Pre-COVID in 2024

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.