Commentary The untold story about “green energy” is that it can’t possibly be scaled up to provide anywhere near the energy to replace fossil fuels. (Unless we are headed back to the stone ages, which is what some of the “de-growth” advocates favor.) Right now, the United States gets about 70 percent of its energy…
How Many Remote Workers Only Pretend to Work?
Elon Musk keeps making headlines for saying true things that no one else seems willing to say. Last week, he wrote a memo to all Tesla employees ordering them all back to the office, 40 hour per week, period. And it must be the real office, not some WeWork-like outpost of office expats sipping lattes…
Biden Has No Workable Plan for Inflation
The White House has struggled mightily to convince people that it can do something about inflation. Handlers finally decided to go straight to Wall Street with its message. This might have been an even worse idea. The results reveal not one word about the real problem and the supposed solutions are strangely disconnected from any…
The New World of Stagflation
Commentary Later this month, the government will announce second quarter GDP figures. If they are negative, coming after a 1.5 percent decline in the first quarter, it will be official. The recession will enter into the annals of economic history. At the same time, everyone knows about the roaring inflation right now, which official data…
House GOP Trust-busting Bill Is an Economic Disaster
Commentary With President Joe Biden’s Build Back Better agenda in ruins, Democrats want to blame Big Business for the mayhem of high inflation and a collapsing stock market. The White House has pointed its finger at every industry, from Big Tech to meat producers, oil and gas producers, the poultry industry and pharmaceutical companies. Apparently,…
May Economic Survey Shows a Decline in US Economic Growth and Faster Inflation
Analysts are projecting that the U.S economy will be facing slower growth and faster inflation at the end of 2022, according a survey of economists by the National Association for Business Economics survey on May 23. This latest survey of 53 NABE members was conducted May 2-10 and forecasts worsening developments since the last was…
Americans More Pessimistic on Economy, Biden Administration: Survey
Americans are increasingly pessimistic about the state of the economy and Joe Biden’s presidency, according to a CBS News poll from May 22, with 63 percent of respondents describing the state of the country as “uneasy” and “worrying.” Inflation stands at a 40-year high and increasingly steep gas prices are stifling living standards for most Americans, with…
Two Weeks to Flatten the GDP
Commentary What is it with these pundits and government spokespeople? Two years ago, they were wildly exaggerating virus threats, canceling and censoring people who pointed out contrary evidence. It was all about scaring people into compliance with a far-flung epidemiological experiment. Now the tendency has swung the other way. No matter how bad the economic…
Capitol Report (April 12): 16 Injured in NYC Subway Shooting
April 12, 2022
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A gunman shot at least 10 people Tuesday morning on a New York subway train. A manhunt is underway. President Joe Biden announced a new plan to lower gas prices, as inflation hits a fresh four-decade high. What will the new policy do, and can it fix the problem? What do the new inflation numbers really…
Technology and Growth Are the Cures to Climate Doomsday
Commentary I guess you could mark me down as a “climate change skeptic.” I’m not a climate scientist, so I have no expertise on what is happening with the planet’s temperature or severe weather events that can wreak havoc on life and property. I am skeptical that “collective action” through governmental policies will make planet…
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