Economy

Even higher inflation expected due to exploding commodity prices, up over 60% for foodstuffs

Over the last year, America suffered the highest inflation in over 40 years, and the highest producer price increases ever.…

Dems’ Favorite Inflation Talking Point Just Got Debunked In Epic Fashion

By Thomas Catenacci The Federal Reserve Bank of Dallas rebutted a popular claim from Democrats that fuel prices are surging…

Wholesale prices increases accelerate, belying Biden claims that inflation would be ‘transitory’

“Prices at the wholesale level accelerated further in April, part of a broader inflation problem persisting through the U.S. economy,…

Cartoon of the Day: American Babies First

U.S. gas prices hit all-time record high of $4.37 per gallon

“In another blow to the US economy, prices at the pump soared to fresh record highs. The national average price…

Don’t Believe Biden’s Spin On Jobs — Wage Increases Are Less Than Inflation

By Carrie Sheffield President Joe Biden tried to crow about “record setting job creation” as America’s unemployment rate held steady at…

Biden Copies Trump Proposal To Refill Oil Reserves — And Spends Way More Doing It

By Thomas Catenacci The Biden administration announced plans Thursday to refill the Strategic Petroleum Reserve (SPR) two years after Democrats…

Stagflation returns as the economy shrinks

The U.S. economy shrank at a rate of 1.4% in the first quarter of 2022, reflecting a huge rise in…

American economy shrinks

The U.S. economy shrank at a rate of 1.4% in the first quarter of 2022, reflecting a huge rise in…

Biden Broke His Promise To Americans. Will They Throw Him Out?

By Grover Norquist Inflation took down former President Jimmy Carter in 1980. It may cost the Democrats the House of…

Biden Admin Mulls Environmental Regs That Farmers Say Could Crush Agriculture Industry

By Thomas Catenacci The Biden administration is reportedly considering clamping down on a widely-used herbicide that farmers and industry groups…

Deregulate home-based businesses

Rhode Island shuts down down moms for selling home‐​baked cookies. This makes no sense, and wastes precious law enforcement resources…

Biden’s Economic Report Mentions ‘Gender’ 40 More Times Than ‘Inflation’

By Harry Wilmerding President Joe Biden released his annual Economic Report on Thursday where he mentioned the word “gender” significantly…

States That Tax Less Have Better Economic Prospects, Study Shows

By Samantha Renck States with lower taxes and less spending have a stronger economic outlook than states with higher taxes…

The End Of ‘Free’ Money

By Charles Kolb The American economics profession appears roiled over whether today’s inflation is temporary or long-term. For Americans facing…

Rent control ordinance cut property values, transferred wealth in the ‘opposite’ direction

The City of St. Paul, Minnesota “passed a rent control policy in 2021 and it hadn’t even taken effect before…

Inflation Reaches Disaster Levels Under Biden

By Thomas Catenacci The federal government’s latest inflation indicator showed that consumer prices skyrocketed 8.5% in the year ending in…

California Is Single-Handedly Making The Supply Chain Crisis Even Worse

By Harry Wilmerding California introduced new regulations for the trucking industry that would worsen supply chain issues and hurt industry…

Biden’s suspension of student loan payments will raise inflation & rob the poor to enrich the privileged

Joe Biden has provided billions of dollars in handouts to high-income people. The most recent example is his administration’s decision…

California panel votes for reparations, which may cost trillions

California’s reparations task force voted on March 29 to recommend that the state pay compensation to black residents “based on…

Biden stimulus spending worsened inflation, Federal Reserve Bank economists say

Government stimulus spending was already enormous by the time Joe Biden took office. Biden ignored economists’ warnings that continuing this…