The comments were Powell’s first since inflation unexpectedly jumped in January, and marked a stark acknowledgement that the “disinflationary process” he spoke of repeatedly in a Feb. 1 news conference was not unfolding smoothly.

Government imposes a million rules. Americans seem to want more! Leftists want new gun laws and bans on single-use plastics, gas stoves, fossil fuels, gas-powered cars, nuclear power.  

By: The Editorial Board – wsj.com – March 7, 2023 The White House in a fact sheet previewed a proposal for “extending Medicare solvency” in its budget outline for fiscal 2024, set for release Thursday. Mr. Biden says he’ll extend “the life of the Medicare Trust Fund by at least 25 years,” without “benefit cuts” while “lowering costs for Medicare...

Do Democrats think Portland isn’t screwed up enough and throwing free money at it will solve things?

Two Democratic senators voted with the GOP on a measure to roll back a Labor Department rule in what is set to force President Joe Biden’s first use of executive veto power.

President Joe Biden said this week that he would veto any attempt by Congress to protect Americans’ retirement savings from ending up tied to woke ESG — environmental and social governance — obsessed entities.

U.S. households are racking up credit card debt as they confront relentlessly high prices for everyday necessities, the New York Federal Reserve reported Thursday.

By: George Will – washingtonpost.com – February 17, 2023 In his State of the Union address, President Biden had thoughts about almost everything, even unto the crisis of hotel “resort fees.” He was, however, parsimonious with words — just a three-word boast about “reducing student debt” — concerning his policy of student loan forgiveness. His reticence about unilaterally spending, by executive fiat, about  $400...

By: Daniel J. Pilla – nationalreview.com – January 27, 2023 In what is certainly the shortest bill regarding federal revenue that I’ve ever seen come out of the House of Representatives, the House voted to rescind much of the $80 billion funding granted to the Internal Revenue Service (IRS) by the Inflation Reduction Act of 2022. The bill, H.R. 9092, known...

By: The Editorial Board – wsj.com – Feburary 15, 2023 The nearby table shows how far the Biden revenue and outlay numbers exceed the U.S. historical norm. Revenues last year hit 19.6% of GDP, far above the 17.4% average over the last 50 years, and a share of the economy reached only in 1944, 1945 and 2000. The overall federal...