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.

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.

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.”

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.

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...

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.