Category: U.S. economy

Taxpayers Are Getting Ripped Off and Congress Does Nothing

Commentary Milton Friedman used to quip that, in Washington, if a government program is working, Congress says we need to spend more money on it. And if a government program is failing, Congress concludes we are not spending enough money on it. We are seeing that in spades with the unemployment insurance program that has…


Hell No to a Debt Ceiling Increase

Commentary Sometimes, when you go into a store with expensive merchandise on the shelves, you will see a sign that reads, “You break it, you buy it.” That’s a good slogan for the Republicans as they continue to battle the left’s economically catastrophic quest to bankrupt our country by authorizing some $6 trillion of new…


The Higher Inflation and Bigger Debt Act

Commentary The $3.5 trillion spending bill set up to follow the $1.1 trillion infrastructure bill (which has little to do with infrastructure) should be called what it really is: The Higher Inflation and Bigger Debt Act. The Democrats would like you to believe it is only a reconciliation bill. This is vital to them because…


The American Labor Crisis Has Hit All the Small Businesses on This One Street

Commentary PITTSBURGH—It’s 4:30 in the morning, and Raymond Mikesell’s alarm has gone off. Within an hour, as the first rays of pink and orange morning light reflect off the skyscrapers in the city, Mikesell is at his restaurant, Cafe Raymond, in the Strip District, the city’s Main Street for small businesses. On his way to…


How the Left Has Used COVID-19 to Bankrupt the United States

Commentary I have never bought the conspiracy theories that COVID-19 was a diabolical political plot to undermine the country. But what is apparent with each passing week is that the virus has been the springboard for the left’s agenda to transform America in a way that Sen. Bernie Sanders, Michael Moore, or Rachel Maddow could…


It’s Time to Balance the Budget

Commentary Inflation has started to rise. The 5.4 percent increase in June is a disastrous beginning to a potentially devastating cycle. The fact that the standard of living dropped 1.7 percent for the average family in June is a disaster in human terms since the working poor and middle class will lose purchasing power while…


In Biden’s America, Everyone Is Entitled to Everything

Commentary Despite its liberal tendencies, The Washington Post editorial board once acknowledged that in a democracy, “everyone can’t be entitled to everyone else’s money.” Well, it may have had that wrong because President Joe Biden is supersizing the entitlement state of America at a pace that makes President Lyndon B. Johnson’s Great Society initiatives seem…


NTD Evening News Full Broadcast (July 9)

President Joe Biden signed an executive order to promote more competition in the U.S., CPAC 2021 has officially started in Dallas, Texas, and a gay men’s chorus faces backlash for their now-removed music video.


The Costs of Big Government

Commentary It is one of the unfortunate ironies coming out of the Biden administration that, with all the obsession about so-called equity, policies they are putting forth will only hurt the very low-income Americans they pretend to want to help. The Biden administration is growing government at a record pace. If what they want is…


US Gains Robust 850,000 Jobs, While Unemployment Rate Rises to 5.9 Percent

WASHINGTON—Job creation in June jumped more than 50 percent from the previous month with more people entering the labor force as the economy continues to recover. The U.S. Labor Department announced on Friday that the U.S. economy added 850,000 jobs last month, beating a consensus estimate of 706,000. The unemployment rate, however, rose to 5.9…