Economy
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Elite University That Scolded Supreme Court For Ending Race-Based Admissions Refuses To Condemn Hamas
By Harold Hutchison Northwestern University does not plan to make a statement condemning Hamas’ deadly terrorist attacks against Israel despite…
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Blue States Shock Taxpayers’ Wallets With Massive Residential Electricity Rates
By Nick Pope Blue state taxpayers were hit with the highest residential electricity rates in June, outpacing most Republican-controlled states,…
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Did Bidenomics Kill The American Dream? Homes And Cars Are Becoming Increasingly Unaffordable For The Middle Class
By Will Kessler The prices of cars and homes have both grown increasingly out of reach for average Americans as…
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There’s No Economic Fact Too Big For Democrats To Ignore
By E.J. Antoni On September 19, I testified before a House subcommittee on the impacts of Bidenomics – yet it…
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Biden’s Energy Policy Has The US In Chinese Handcuffs
By Kevin Roberts In Jan. 1976, Henry Kissinger wrote a letter to the president of Zaire, Mobutu Sese Seko, apologizing…
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Inflation Surges Above Expectations Despite Fed’s Rate Hikes
By Will Kessler Inflation rose significantly in August, marking the second month in a row that inflation has ticked up,…
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U.S. Volcano May Contain Biggest Lithium Source Ever Found
Right now, America is dangerously reliant on China for lithium, which is used in electric car batteries, medicine, and industrial…
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Biden Loves Vacations. His Economic Policies Mean Most Americans Can’t Afford One
By E.J. Antoni The middle class is demonstrably worse off under President Joe Biden, but that hasn’t stopped him from…
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Biden Can’t Gaslight Struggling Americans Into Thinking His Economy Is Good
By Josh Hammer The 2024 Joe Biden presidential campaign, which has thus far been essentially nonexistent, is now out with…
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US electric grid in jeopardy
“Imagine, if you will, New York City plunged into darkness. It wouldn’t be an inconvenience; it would be deadly. People…
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Health Insurance Costs Expected To See Highest Increase In Over A Decade
By Will Kessler Employer health insurance costs are expected to increase significantly in 2024, affecting both workers and businesses as…
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Budget deficit doubles this year, due to Biden’s wasteful spending and harmful economic policies, and rising entitlement spending
The Washington Post reports “that the budget deficit is set to 𝒅𝒐𝒖𝒃𝒍𝒆 to $2 trillion this year. This is basically…
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US Deficit Skyrockets Thanks To Biden’s Massive Government Spending
By Lillian Tweten The federal government’s deficit for fiscal year 2023 is set to double thanks largely to large amounts…
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Overdue bills increase in response to rising prices and stagnant wages
“More Americans are falling behind on their car loan and credit card payments than at any time in more than…
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Electrified cement could turn homes into powerful batteries, making energy much cheaper
Science.org reports that “electrified cement could turn houses and roads into nearly limitless batteries,” making energy much cheaper and more…
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As More Countries Link Arms With China, Is US Dollar Dominance At Risk?
By Will Kessler A growing number of major economies have recently criticized the status of the U.S. dollar as the…
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Americans Overwhelmingly Back Cutting Regulations To Boost Energy Production, Poll Shows
By Nick Pope An overwhelming majority of Americans support the idea of tearing up regulations to boost domestic energy production…
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These Record Debt Figures Are A Massive Red Flag For The American Economy
By E.J. Antoni While the White House touts the success of “Bidenomics,” American families are drowning in debt, especially on…
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EPA’s New Climate Rule Would Cause Rolling Blackouts In Huge Swath Of America, Analysis Finds
By Nick Pope Proposed Environmental Protection Agency (EPA) regulations for power plant emissions could spur blackouts in the Midcontinent Independent…
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Is The Green Energy Transition Falling Off The Rails?
By David Blackmon Is the much-hyped “energy transition” starting to crumble at its foundations now? In recent weeks we have…
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Biden’s Burdensome Regulations Are Contributing To Lackluster Economic Productivity, Experts Say
By Will Kessler Labor productivity reached 1.3% growth year-over-year for the second quarter of 2023 after declining for five consecutive…
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Bidenomics Is Pouring Cold Water On The Labor Market
By Alfredo Ortiz Friday’s jobs numbers show the labor market is softening due to Bidenomics and Bidenflation. Only 187,000 jobs…
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U.S. Credit Rating Downgraded Due to Rising Debt
The world’s third largest credit agency lowered America’s credit rating from “AAA” to “AA+” yesterday, citing rapidly rising debt and…
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Federal subsidies spawn dormant factories with no workers able to work in them
Last August, President Biden signed into law the CHIPS Act, which subsidizes the semiconductor industry. But the law is failing…
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Montgomery County imposes rent control; housing projects stop as a result
On July 18, Montgomery County, Maryland imposed rent control. Montgomery County has over a million people, so this will affect…
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Minimum wage hike in West Hollywood eliminating some jobs
Some jobs are disappearing in West Hollywood due to a minimum wage hike. As an economist notes: “Wage hikes kill…
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Biden Is Spreading Around Green Subsidies Like A Vegas Gambler
By David Blackmon A pair of stories published this week help document a rising phenomenon on the U.S. energy landscape:…
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Progressive environmentalists push polices that harm the environment
Many policies championed by progressive environmentalists are so stupid they harm the environment. The New Yorker unintentionally furnishes an example…
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Radical Chicago mayor backs policies that will shrink the amount of housing in his city
Cutting the supply of housing increases homelessness. But radical Chicago Mayor Brandon Johnson is backing policies that will shrink the…
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Rosy Jobs Predictions Come Crashing Back Down To Earth
By Alfredo Ortiz Today’s jobs report shows the labor market isn’t nearly as strong as the topline 3.6% unemployment rate…
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State Supreme Court Lets University of Delaware Keep Biden Records Hidden From the Public
By Katelynn Richardson The Delaware Supreme Court sided with the University of Delaware Thursday, denying the release of President Joe…
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‘Bidenomics’ Is A Bust
By Stephen Moore Word out of the White House is that President Joe Biden wants to tout his economic successes.…
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Due to inflation, Fourth of July cookouts cost a record amount, rising by 11 percent since 2022
Inflation is causing Fourth of July cookouts to cost a record amount in 2023, rising by 11% from 2022, reports…
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This Might Be The Biden Admin’s Most Ludicrous Idea Yet
By David Blackmon No aspect of the vaunted “energy transition” screams out the word “fantasy” quite so starkly as projections…
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