In 1949, the Chinese Communist Party devised an artful strategy to replace the United States as the world’s superpower by 2049. But after more than three decades of a draconian one-child policy and a coming demographic plunge, China’s ambitious “hundred-year…
Two months into Donald Trump’s second term as President of the United States, sworn in on Jan. 20, 2025, the nation finds itself at a pivotal crossroads. Tariffs, once a lightning rod of his first administration, have roared back into…
Amidst the recent pyrotechnics in the Oval Office and disappointing performance of President Zelenskyy, the radical and dramatic approach to government right-sizing, the consternation over the imposition of tariffs, the disgraceful conduct of Congressional Democrats who during the president’s address…
Critics of House Speaker Mike Johnson’s recent $1.2 trillion funding package have compared Congress to a drunken sailor, which is an insult to intoxicated swabbies everywhere. After all, they stop spending once they burn through their earnings. The U.S. government…
Over the years, I’ve offered many explanations about why the trajectory of the national debt is deeply troubling. At this point, though, my worry isn’t rooted in a dogmatic adherence to the principles of a balanced budget. Nor does it…
The year 2023 is now over, marking the first year after China ended its Covid lockdown. However, the Chinese economy did not experience the robust recovery predicted by many at the beginning of the year for the post-pandemic era; instead,…
Breitbart’s John Carney reads into the Federal Reserve’s “Summary of Economic Projections” its anticipation of a coming contraction. Given the healthy growth likely experienced in the first quarter, a prediction of .4 percent growth for 2023 likely means, according to…
California — uh, make that Florida — here I come. Sorry, Billy Joel. The number of people in a “New York state of mind” has dwindled down, in the words of the song, to a precious few. The ranks of…
Sen. Elizabeth Warren described herself on CNN Sunday as “very worried” that the economy may fall into “recession.” She did not also share her fears of a Simon & Garfunkel breakup or predict the Johnstown Flood. The U.S. gross domestic…