The Federal Reserve’s premature victory lap over inflation reveals a worrisome misunderstanding of the predicament we still find ourselves in. Unprecedented government spending and debt, combined with mounting fears that the debt can’t (or won’t) be repaid, played a misunderstood…
The American dream felt like it was on life support until earlier this month when citizens took to the polls to vote for a government willing to unleash the market boom that started nearly a decade ago. Under the Biden–Harris…
It’s just a few days before the end of the 2024 campaign, and we’re finally learning where Bidenomics leads. The Bureau of Labor Statistics published its October report, and its final report before the election turned out to be a…
Democrats’ display their elitism by using macroeconomic numbers to ignore America’s microeconomic concerns. By promoting the macro-economy, Democrats produced the numbers they now campaign on. However, their macro numbers have come with high inflation that has wreaked havoc on the…
In 1960, Nobel-winning economist Friedrich Von Hayek said, “History is largely a history of inflation, usually inflations engineered by governments for the gain of governments.” During the last four years, consumers have seen the price level increase cumulatively by over…
Government overspending, an activity the Biden administration has taken to a new level, has sent the country into an inflationary spiral. Through trillions of dollars in COVID-19 relief programs, infrastructure spending, vote-buying student loan forgiveness programs, and a political “Build…
Joe Biden is gaslighting America on the economy. His administration is trying to oversell what has underperformed for several reasons: First, the economy is the one issue that affects most Americans most significantly. Second, Biden is doing worse on virtually…
“Annual income twenty pounds, annual expenditure nineteen [pounds] nineteen [shillings] and six [pence], result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.” —Mr. Micawber (fictional character in David Copperfield by Charles Dickens) Twenty pounds…
With the close of the U.S. Treasury’s fiscal year on September 30, 2023, there came an important update (provided by the Heritage Foundation) on the U.S. Treasury budget for the prior fiscal year. A brief summary of the update is…
