Economists have long recognized a phenomenon known as the “wealth effect.” When “households become richer as a result of a rise in asset values, such as corporate stock prices or home values, they spend more and stimulate the broader economy.” Americans at all income levels experienced the wealth effect during the Trump years. “Bidenomics” has brought the wealth effect to a screeching halt, which is one big reason why President Biden’s polling numbers are so low.

By: Rick Scott – wsj.com – Otober 4, 2023 Democrats in Washington love the leadership fight in the House right now. It’s pushing Congress toward enacting another massive omnibus spending bill and threatening to squander the victory Republicans obtained last week when, for a change, they acted in a manner consistent with how they campaign. The normal game plan for...

By: Andrew Stuttaford – nationalreview.com – September 28, 2023 A hamstrung green economy would mean a worse future The industrial revolution is not yet canceled, but it has become “problematic.” When delegates arrived in Glasgow, Scotland, for Conference of the Parties 26, the 2021 edition of the U.N.’s climate jamboree, Britain’s then–prime minister, Boris Johnson, welcomed them with a speech in...

Woke is a religion, not an empirically based revolution. It requires blind faith and ideological zealotry that ignores data, smears apostates as blasphemers, and is fueled by a climate of fear as it uses public shaming, cancel culture, doxing, shadow banning, ostracism, and career destruction to bulldoze ahead.

The Republican-led House of Representatives and the Democratic-led Senate are at a budget impasse once again, which could lead to a government shutdown at the end of the month.

The percentage of women who recently gave birth and remained part of the workforce reached a decade-plus high-water mark last year, per new census data.

The new fiscal year (FY) begins on October 1, 2023, and Congress has so far enacted none of the 12 appropriations bills setting discretionary spending levels.

The Electric Reliability Council of Texas (ERCOT) came close to implementing rolling blackouts in the early days of September. And while early September was very hot, it was very hot for nearly all of July and August, and yet the grid seemed to perform better then. So what changed?

Democrats’ reckless spending programs and expansion of the government have caused significant harm to millions of families.

As President Joe Biden travels the country to promote Bidenomics, let’s see if he highlights one area where he is the undisputed leader when compared to other presidents: the exploding federal deficit.