Economy
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Biden’s solar panel tariffs are obstructing his own climate-change goals
Reason Magazine notes that “The Biden administration’s plans to address climate change faces a serious obstacle: the Biden administration’s protectionist…
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National Debt Hits $30 Trillion
“The United States’s national debt exceeded $30 trillion for the first time, according to Treasury Department figures released on Tuesday.…
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‘Extreme Left-Wing Positions’: Biden’s ‘Activist’ Fed Nominee Lisa Cook Once Supported Reparations
By Chris Brunet President Joe Biden’s nominee to regulate the banking industry has previously expressed support for economic reparations to…
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Key Inflation Indicator Soars To Highest Level Since 1983
By Harry Wilmerding A key inflation gauge reached its highest level since 1983, the Commerce Department reported Friday. The core…
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Supreme Court ruling against vaccine mandate may imperil climate-change regulations
Law professor Jonathan Adler says that the Supreme Court’s decision to strike down the Biden administration’s vaccine mandate for private…
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Biden’s Fed Nominee Lisa Cook Criticized For Being Unqualified, Embellishing Resume
By Chris Brunet On Jan. 13, President Joe Biden nominated economists Philip Jefferson and Lisa Cook for the two empty…
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Airlines warn of ‘catastrophic’ 5G aviation ‘crisis’ on January 19
“The chief executives of major U.S. passenger and cargo carriers on Monday warned of an impending ‘catastrophic’ aviation crisis in…
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Hungary foolishly places price controls on groceries
Hungary is placing price controls on several of the most frequently-purchased grocery items as its election approaches, in response to…
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Key Inflation Indicator Surges to Highest Ever
By Harry Wilmerding The Producer Price Index (PPI), which measures inflation at the wholesale level, surged to 9.7% on a…
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Elizabeth Warren blames high food prices on grocery stores’ 1 percent profit margins
Grocery stores aren’t the most lucrative industry. They have a profit margin of only one percent. So when they get…
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Inflation Soars To Highest Level Since 1982
By Harry Wilmerding The Consumer Price Index (CPI) increased 0.5% in December, bringing the key inflation indicator’s year-over-year increase to…
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Inflation will make America’s budget problems worse and shrink its economy
America’s national debt is equal to 127% of its economy, even if you accept the federal government’s deceptive accounting practices,…
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Republican Leaders Slam Biden After Jobs Report Shows ‘Massive Miss’
By Harry Wilmerding Republican leaders slammed President Joe Biden after December’s jobs report released Friday reported numbers well below economists’…
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Federal Judge Tosses Lawsuit Challenging Biden’s Authority To Block Keystone Pipeline
By Thomas Catenacci A federal district court judge granted the Biden administration’s request to dismiss a lawsuit filed by more…
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Vaccine mandate for federal contractors blocked by divided federal appeals court
A fifth of all American workers work for companies with federal contracts. The Biden administration tried to use those federal…
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Biden administration helping drive up food costs
The Biden administration is driving up food costs, not just by policies that increase the general inflation rate, but also…
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Animal-rights measures impact supply chain
Two state ballot initiatives expanding animal rights are negatively impacting consumers and restaurants. One hopes that burden will be offset…
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26 states to increase minimum wage in 2022
In the new year, the minimum wage will increase in 26 states. California will have the highest statewide minimum wage…
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Capitalism conserves natural resources better than socialism
“The economy keeps growing, but Americans are using less steel, paper, fertilizer, and energy,” notes Andrew McAfee, author of the…
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Germany To Shut Down All Remaining Nuclear Plants, Forcing Reliance On Fossil Fuels
By Thomas Catenacci Germany announced that it would shutter its remaining six nuclear power plants by the end of 2022,…
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‘How Biden’s agenda is causing inflation’
So reads the title of Nick Gillespie’s column at Reason Magazine, which says that “Too many (government) dollars are chasing…
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Are Electric Vehicles A Scam?
By Thomas Catenacci Electric vehicles (EV) continue to represent a greater share of new car purchases, but their cost, range…
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Another Key Inflation Index Hits 40-Year High
By Harry Wilmerding Inflation continues to soar throughout the U.S., with the Personal Consumption Expenditures (PCE) price index increasing to…
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Biden wasting $7.5 billion on chargers car owners likely won’t use
Reason magazine reports that the Biden administration will spend “$7.5 billion on chargers that electric car owners likely won’t use.”…
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Psaki Accuses Manchin Of Backtracking On Commitments Made To Biden Regarding Build Back Better Act
By Shelby Talcott White House press secretary Jen Psaki accused Democratic West Virginia Sen. Joe Manchin of backtracking on commitments…
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Biden subsidizes industry his administration calls greedy, saying it ripped off the American people
The Biden administration gave $600 million in special taxpayer subsidies to an industry that it denounces as greedy. Eric Boehm…
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World is growing less free, including in the ten most populous nations
The world is growing less free, notes Eric Boehm, citing a recent study by two think-tanks, the Frasier Institute and…
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New York bans gas stoves and furnaces in future homes
New York’s City Council voted 40-to-7 to ban the installation of furnaces, stoves, and hot water heaters that burn fossil…
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Parents Group Claims Two Schools Discriminated Against Students Based On Race
By Harold Hutchison Parents Defending Education filed complaints with the U.S. Department of Education accusing two schools of racial discrimination.…
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Build Back Better will buy lots of inflation, economists say
Economists say Joe Biden’s Build Back Better plan would worsen already soaring inflation, notes J.D. Tuccille at Reason. He points…
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Biden mandates meager, less pleasant showers for the American people
America has plenty of water. But Joe Biden is trying to make sure that you take showers with as little…
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New Inflation Record: Producer Price Index Grows The Fastest It Ever Has
By Harry Wilmerding The Producer Price Index (PPI), which measures inflation at the wholesale level, soared 9.6% year-over-year as of…
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California court approves lying to voters to pass bonds
A California state appeals court has ruled that voters can be lied to about what public money will be spent…
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Majority in U.S. critical of religious exemptions to coronavirus vaccines, report says
The New York Times says most Americans are critical of religious exemptions to coronavirus vaccines: Only about one in 10…
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