We hear plenty of reasons for the perfect storm that imploded California. One-party, progressive government, of course. Decades of unchecked illegal immigration, without doubt.

By: The Editors – nationalreview.com – June 13, 2022 As an expression of optimism about the current economy, “peak inflation” has had a far shorter shelf life than “transitory.” May’s headline inflation number of 8.6 percent put an end to hopes that surging prices had peaked with March’s 8.5 percent (in April, the year-on-year increase had declined to 8.3 percent)....

If there is one thing families and the economy—and the Biden administration, for that matter—don’t need it’s more inflation.

There’s a risk that U.S. price gains could take much longer than expected to fall.

By: Charles C. W. Cooke – nationalreview.com – April 21, 2022 During her appearance on the Pod Save America podcast last week, White House press secretary Jen Psaki suggested that before August 31 of this year, the Biden administration intends to make “a decision . . . about canceling student debt.” Psaki’s asseveration was thrown in casually — as an...

By: Jim Geraghty – nationalreview.com – May 26, 2022 It has the power, but does it have the will? Inflation is not yet, and let’s hope will not be, running as high as it did in the late 1970s and early 1980s, when we hit double digits three years in a row. But it is at its highest level since that...

magine one of your kids freezing to death in your home. Eleven-year-old Cristian Pineda’s mother found her son dead during the Texas blackout in February 2021.

Last Thursday, something extraordinary happened: A senior HSBC banker, Stuart Kirk, told the world that climate change, though real, is not something financial markets need worry about. “Unsubstantiated, shrill, apocalyptic warnings are ALWAYS wrong,” one of Kirk’s presentation slides read.

President Biden campaigned on reducing wealth inequality (as well as income inequality). Hey, mission accomplished! The four-month stock market slide, the worst for the S&P 500 since 1939, has made a lot of wealthy people a lot less wealthy.

By: Brittany Bernstein – nationalreview.com – May 10, 2022 The national average price for regular gasoline reached a new record-high on Tuesday, according to AAA. The new high — $4.37 a gallon — breaks the previous record of $4.33 set on March 11. Gas prices jumped 5 cents overnight and a whopping 17 cents in the past week, CNN reported....