Economy
Articles
January 5th, 2024
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.
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January 3rd, 2024
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...
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December 19th, 2023
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...
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December 19th, 2023
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...
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December 13th, 2023
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
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Articles
December 5th, 2023
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.
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November 10th, 2023
The Government Accountability Office (GAO) in July highlighted the “underutilization” of federal office space. The GAO “surveyed two dozen federal agencies and found they averaged a roughly 80% vacancy rate during the study period earlier this year. Not a single agency topped 50% use.
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November 2nd, 2023
President Joe Biden says 24 million Americans “suffer from food insecurity!” News anchors were shocked that there is “food insecurity in the richest country in the world!” ABC hosts turned “insecurity” into “hunger.”
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November 1st, 2023
Among the top priorities for newly selected House Speaker Mike Johnson (R-L A ) was his announced intention to form a bipartisan panel to cut massive spending that has led to an unsustainable $33 trillion national debt.
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October 24th, 2023
By: John Greenwood and Steve H. Hanke – wsj.com – October 22, 2023 Early in the pandemic, the volume of U.S. dollars in circulation soared. For two years starting in March 2020, the M2 money supply—a measure of the cash and checkable deposits in circulation plus savings deposits and other easily convertible assets—grew at an unprecedented annualized rate of 16.5%. That...
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