Commentary When running against Donald Trump for president, Joe Biden often made the now-ironic charge that any president who has allowed so many deaths from COVID-19 should never be in the White House. Today, there are more deaths from COVID under Biden than under Trump—and that is even with the vaccine. But it isn’t just…
We Need a Little More Milton Friedman Right About Now
Commentary Not long ago, President Joe Biden made an offhanded comment that “Milton Friedman isn’t running the show anymore.” This president has seldom spoken more valid words. And that’s where the trouble has begun. If you were to rate the three most influential economic minds of all time, you’d be hard-pressed to come up with…
Will Joe Biden Learn Jimmy Carter’s Inflation Lesson?
Commentary In the 1980 presidential campaign, the Republican challenger, Ronald Reagan, said, “A recession is when your neighbor loses his job. A depression is when you lose yours. And recovery is when Jimmy Carter loses his.” The Gipper turned out to be correct. The gale-force winds of rising inflation had knocked working-class people to the…
Build Back Better—Wasting Trillions
Commentary As Democrats regroup to try to pass their $2 trillion Build Back Better Act, pressure grows for shining the light of fiscal responsibility on all this. Given President Joe Biden’s crashing approval ratings, there is some hint that the American people smell a rat. One sign of the smell of that rat is the…
Bidenflation Is the Next Pandemic
Commentary The Biden pay cut just got more severe as surging inflation reduces Americans’ real wages and living standards. On Wednesday, the Labor Department announced that the consumer price index increased by 6.2 percent over the last year, the fastest pace in over 30 years. October marks the sixth consecutive month that inflation has grown by 5 percent or…
The Wheels Are Coming Off the Biden Economy
Commentary A good friend who owns a major auto dealership in the Dallas area recently told me he typically has about 500 to 1,000 cars and trucks on his lot. Now, he has 15. That’s how severe the supply chain problem has become. He said people are buying cars over the sticker price. You usually…
Trick Spending Bills Are Voodoo Economics II
Commentary The annual “trick-or-treat” ritual is over. Not so the “tricks” perpetuated by congressional Democrats about their tax-and-spend ritual, and their phony numbers. Consider the latest spending measure cobbled together by the House Democratic leadership, or more accurately their staffs. It is 2,400 pages long, much longer than the longest book I ever read. I…
Free Stuff Isn’t Free
Commentary It’s open enrollment season for Medicare. Local TV stations and cable networks are flooded with ads for various insurance supplements. They promise “free” dental care, free transportation to doctors, free drugs, free dentures, and lots of other free stuff. Paid spokespersons speak of “benefits” and “entitlements.” They say subscribers could receive as much as…
Will All of America Go on Strike?
Commentary If you think the supply chain problems, empty shelves in stores, and higher inflation are problems now, wait a few weeks; they are likely to get worse. And this isn’t a result of hurricanes, the pandemic, or other acts of nature. It’s all due to political incompetence that starts in the Oval Office. Here’s…
US Ports Would Benefit Greatly From Automation, If Unions Just Allowed It
Commentary From Christmas toys to clothing and auto parts, shortages of imported products are forcing factories to idle, store shelves to sit empty, and consumers to panic. What else is in short supply? The truth about what’s causing this economic crisis. President Joe Biden, who brags about running “the most pro-union administration in history,” won’t…
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