After the U.S. Credit Downgrade, Let’s Talk About a Radical Budgetary Change

Fitch Ratings just downgraded the U.S. government's credit rating due in part to Congress's erosion in governance. Indeed, year after year, we see the same political theater unfold: last-minute deals, deficits and, all too often, the passage of gigantic omnibus spending bills without proper scrutiny, along with repeated debt-ceiling fights and threats ...


Biden Declares War on Profits

White House press secretary Karine Jean-Pierre recently reiterated a point the Biden White House has been making for the past year: that inflation remains high not because of the Biden $6 trillion spending spree but because "high profit ...

Three Warnings About Election Season

As elections approach, sweeping generalizations have a certain allure that often energizes the frustrated and captivates the hopeful. However, it's essential that we as voters remember that things that seem too good to be true typically ...

Bidenomics Is a Big Bust

Word out of the White House is that President Joe Biden wants to tout his economic successes. He's even embracing the slogan "Bidenomics" -- which most people think is a term of as a term of derision and policy flops. On the one hand, ...

Hey, Uncle Sam: Stop Paying People for Not Working

A policy question these days that has befuddled federal lawmakers is why so many millions of people have not returned to the workplace in the post-COVID-19 era. The labor force participation rate among employable adults is near a record ...

It’s Official: Trump’s Tax Cuts Paid for Themselves

How many times have you heard President Joe Biden or Sens. Elizabeth Warren (D-MA) and Bernie Sanders (I-VT) berate the Trump tax cuts as "a giveaway to the rich"? Biden and congressional Democrats now want to let expire major planks ...

The Street Keynesians

According to a poll carried out by the Figaro newspaper, only 17% of the French believe that 2014 will be a good year, but in fact it started very well for France. Only 1,064 cars were burned by youths in the banlieues this New ...

Jewish Wealth by the Numbers

Americans can learn much from Israel. It’s an increasingly prosperous nation that grapples manfully with its problems. For example, when the Israelis put up a fence along the border to keep out illegal aliens (or “illegal ...


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