Commentary If you own a business, the leftists in Congress are coming after you. The only thing standing in their way is the U.S. Constitution. Whether you own a mom-and-pop diner, an auto repair shop, or shares in a multinational corporation, your property is at risk. The Constitution’s takings clause was designed to protect us…
European Country Bans Price Hikes in Desperate Bid to Tame Inflation
The Eastern European country of Belarus is taking drastic steps to tame runaway inflation by prohibiting consumer-facing businesses from raising prices. The price controls were announced on Oct. 6 by Belarusian President Alexander Lukashenko, who was cited by state media as saying he was imposing the ban on consumer price increases in response to “exorbitant”…
Biden Is Losing the Race for the Cure
Commentary President Joe Biden recently announced, with great fanfare, his Cancer Moonshot initiative. Biden used soaring and promising rhetoric about, at last, finding a cure for one of the world’s leading killers. Speaking at the John F. Kennedy Presidential Library and Museum in Boston on Sept. 12, the president declared: “Beating cancer is something we…
Inflation Reduction Act Is Socialist Wish List: Expert
August 16, 2022
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Business & Marketscentral planningeconomic policieseconomyinflationInflation Reduction ActPolicies & Impactsprice controlsThe Green New DEalUSUS Features
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The Inflation Reduction Act recently passed by Congress is a totalitarian piece of legislation that brings America further down the road to totalitarian socialism, said free-market economist Thomas DiLorenzo. New government spending estimated at $737 billion included in the recently passed Inflation Reduction Act “will increase demand in the economy,” DiLorenzo told EpochTV’s “Crossroads” program…
‘Inflation Reduction Act’ Is Euphemism for Big Government Socialism, Higher Prices
August 3, 2022
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AnalysisChuck SchumerdepressioninflationInflation Reduction ActIRSJoe Manchinminimum taxesOpinionprice controlsrecessionstagflationtax hikeU.S. economy
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Commentary In the midst of a recession, with inflation eating away an average of $6,800 in purchasing power from the incomes of families with two workers, the so-called Inflation Reduction Act would impose tax increases, manipulative federal subsidies, and price controls on every American family. The bill would deepen the growing recession, continue to depress…
The Democrats’ Lifespan Reduction Act
August 3, 2022
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cancerChuck SchumerInflation Reduction ActJoe ManchinlifespanOpinionprice controlsPublic HealthViewpoints
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Commentary Across the pond, Brits are demanding their next prime minister do something to reduce the UK’s notorious cancer death rates. But here in the United States, Democrats are doing the opposite. They’re pushing for European-style price controls on drugs that will slow cancer cures and lead to more deaths. Americans enjoy the highest cancer…
American Loathing of Inflation Is in the Cultural DNA
July 11, 2022
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AnalysisBusiness & MarketsBusiness ColumnistsinflationOpinionpovertyprice controlsshortagesU.S. economy
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Analysis This morning I was speaking with a gentleman who lives in New York City. He is highly trained. He has a good job. He is professionally ambitious. But, he says, these days he is struggling to afford food. After the high expense of rent and transportation, along with all the other strange ways the…
Biden Administration Expected to Reinstate Price Controls, Bringing Back 1970s Gas Lines, Experts Warn
Gas prices continue to rise, topping historic highs and there’s no imminent hope of relief in sight, according to sector analysts. The average price for a gallon of regular gasoline in the United States has now more than doubled since President Joe Biden took office. Congressional Democrats and the Biden administration assert that a solution…
Democrats’ Latest Phony Inflation Scapegoat: Credit Cards
Commentary In this administration, it’s always someone else’s fault. Inflation is now the No. 1 concern of voters, so the White House first blamed COVID. Then Donald Trump’s tax cuts. Then Vladimir Putin. Then meatpackers and the poultry industry, Big Oil, and pharmaceutical companies. Now, Democrats have identified a new inflation scapegoat: plastic. Visa, Mastercard,…
The American People Don’t Want Socialist Policies Like Price Controls
Commentary One of the lessons for Republicans in Congress from the 2020 election is that they should not be fooled into thinking the American people support socialism. With control of the House, Senate, and the White House, Democrats are poised to push socialist policies including price controls on the entire healthcare system, Green New Deal…
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