By: Phillip W. Magness – wsj.com – July 27, 2022 The Biden administration appears to be preparing for a recession—or rather, for news of one. Rather than tackling the underlying economic problems, the White House is playing word games. Economists have long defined a recession as “a period in which real GDP declines for at least two consecutive quarters,” to quote...

A big attaboy to Senator Tom Cotton. He is among the first in Washington to begin sounding the alarms about something most Americans have never heard of. It’s the Environmental, Social, and Governance system, or ESG for short.

One economist instantly took the air out of the administration’s argument about what constitutes a recession.

The share of Americans who report having difficulties paying their bills has surpassed its 2020 pandemic peak in a US Census Bureau survey, underscoring the toll of soaring prices on budgets.

JUSTICE FOR SALE: How George Soros put radical prosecutors in power. Download the PDF.

Democratic mega-donor George Soros and an Austin-area couple each gave $1 million to Beto O’Rourke’s campaign to unseat Gov. Greg Abbott. Meanwhile, Gov. Gregg Abbott gets more than half of his $25M haul from just 62 people.

Biden’s economists emphasize a range of data showing expansion. Next Thursday, the Commerce Department will release its initial estimate of second-quarter growth. President Biden’s economic advisers are trying to lay down a marker now.

By: Andy Kessler – wsj.com – July 10, 2022 A few years ago, a guy with a famous last name who ran a socially responsible investment fund asked me to lunch. I was hesitant because I figured he was planning to yell at me for a column I had recently written: “Stocks Weren’t Made for Social Climbing.” I wrote, “Profits...

By: The Editorial Board – wsj.com – July 13, 2022 Well, that was ugly. Inflation in June roared to its highest mark to date this year, rising 1.3% for the month and 9.1% over the last 12 months. This means greater declines in real wages and more Federal Reserve tightening that is likely to hit asset prices. No wonder Americans...

By: The Editorial Board – wsj.com – July 4, 2022 It’s embarrassing for the leader of the free world to sound like he’s channeling Hugo Chávez. A Chinese state media flack praised Mr. Biden’s tweet: “Now US President finally realized that capitalism is all about exploitation. He didn’t believe this before.” Or maybe he did, and nobody wanted to believe...