Commentary The same old game is starting all over again. The big spenders in Congress and the administrative state are demanding an increase in the debt limit. Republicans aren’t happy about it. They are demanding some fiscal responsibility. The negotiations begin. But the cards are stacked, and why? Because the bad guys in this drama…
The Case for Risking Default on the Debt
February 16, 2023
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administrative stateAnalysisBusiness & MarketsBusiness Columnistsdebt ceilingdebt defaultFederal Reserveinflationnational debtOpinionpublic debttaxesU.S. economy
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Should We Cheer Booming Retail Sales?
February 15, 2023
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AnalysisBusiness & MarketsBusiness ColumnistsGreat ResetinflationOpinionrecessionretail salesretail spendingU.S. economy
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Commentary This one you simply will not believe. The major business press this morning absolutely cheered to the heavens about the surprise explosion in retail spending in January. As I will show, it’s all a big fakeroo. “The consumer roared back in January,” wrote the Wall Street Journal, “with broadly higher retail spending on vehicles,…
You Call This Easing Inflation?
February 14, 2023
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AnalysisBusiness & MarketsBusiness Columnistsconsumer price indexCPIFederal ReserveGreat ResetinflationOpinionrecessionU.S. economy
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Commentary Here’s a thing I like to do on the day of Labor Department data releases. I read the actual release and look at the data and trend lines, then look at the details and see what’s driving the trend. I make a general judgment and write an imaginary headline. Then I check in the…
Broken Labor Markets and Shattered Progress
February 8, 2023
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AnalysisBusiness & MarketsBusiness ColumnistsemploymentJoe Bidenlabor marketsOpinionSOTUState of the UnionU.S. economyunemployment rate
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Commentary Please forgive me for not watching the State of the Union address last night. There is only so much phony baloney I can stand, and I knew in advance that it was going to be a lot of blather about how great the economy is based on the unemployment rate. The thing is that…
How Government and Big Tech Colluded to Usurp Constitutional Rights
February 7, 2023
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AnalysisBig TechCCP Viruscensorshipconstitutional rightsCOVIDCOVID-19First AmendmentFourth AmendmentOpinionPandemic ResponsesurveillanceU.S. Constitution
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News Analysis “It is also axiomatic that a state may not induce, encourage or promote private persons to accomplish what it is constitutionally forbidden to accomplish.” ~ Norwood v. Harrison (1973). Fifty years ago, the Supreme Court held that the U.S. Government cannot coerce private parties to violate citizens’ constitutionally protected liberties. Under the guise of COVID…
Everything You Need to Know About the Lab Leak
February 7, 2023
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AnalysisChinacoronavirus pandemicCOVIDCOVID-19EcoHealth Alliancelab leakOpinionWuhan Institute of Virology
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News Analysis Between 2014 and 2019, U.S. tax dollars were funneled to the Wuhan Institute of Virology via EcoHealth Alliance. Given that U.S. scientists have far more virology expertise than the Chinese, this begs an obvious question: what type of research were U.S. tax dollars paying for in Wuhan, China? Dr. Fauci’s surprising statement in an interview might provide…
How the Bureaucracy Wrecks International Travel
February 7, 2023
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AnalysisCOVIDCOVID-19international travelmandatesOpinionPandemic Responseproof of vaccinationPublic Healthpublic health emergencytravel bantravel restrictionsvaccine mandate
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News Analysis Like all truly great bureaucracies, unelected U.S. government staff members revel in adhering to nonsensical, inefficient procedures to create some semblance of order and limit autonomous decision-making. When it comes to U.S. international travel policy, President Biden’s bureaucratic army has come out in full force to accomplish absolutely nothing and avoid all responsibility….
Did DeSantis Sign a Law Allowing for Forced Vaccinations, as Post Shared by Trump Claims?
Analysis Former President Donald Trump shared a post on his social media platform on Jan. 30 featuring an anonymous user claiming that Florida Gov. Ron DeSantis had signed a law allowing for forced vaccinations. The post was one of several Trump shared on Truth Social targeting DeSantis. Trump’s claim spread to Twitter, with several conservative…
Egg Prices Unlikely to Drop to Pre-2022 Levels
News Analysis If there’s a poster child for last year’s historic inflation, it ought to be an egg. The valuable source of nutrients has never been pricier. In December, a dozen eggs cost $4.25 on average, up from less than $1.80 a year prior, according to the Bureau of Labor Statistics. The good news is,…
House Members Could Be Asked If They Denounce Socialism
January 30, 2023
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AnalysisaoccongressDefending AmericaFeatured TopicsOpinionPolicies & ImpactsPoliticsRep. Maria SalazarRep. Steve ScaliseRepublicansUSUS News
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News Analysis House GOP members will ask all of their colleagues to make their position publicly known on socialism. On Jan. 26, Rep. Maria Salazar (R-Fla.) and House Majority Leader Rep. Steve Scalise (R-La.) introduced House Concurrent Resolution 9, titled “Denouncing the horrors of socialism.” Salazar and Scalise intend to bring the resolution to the House floor for a…
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