S. T. Karnick

S.T. Karnick is the director of publications, a research fellow for The Heartland Institute, and the managing editor of Budget & Tax News.
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U.S. Economy Surges in Third Quarter, Smashing Previous Record

The U.S. economy grew by an annual rate of 33.1 percent in the third quarter of the year, the U.S. Bureau of Economic Analysis reported today. The growth in the economy in July through September was greater than the record-breaking 31.4 percent decline in the second quarter. The quarterly growth nearly doubled the previous post World War II high of 16.7 percent in 1950.

Study: Proposed Illinois “Fair Tax” Would Wreck State’s Economy

The proposed Illinois “Fair Tax” would reduce the state’s economic output, cost 566,000 jobs, reduce housing values, and drive 1.4 million people to leave the state, a new study finds.

Facebook, Twitter in Legal Crosshairs After Biden Article Suppression

Social media giants Facebook and Twitter yesterday suppressed a New York Post story about a 2015 email in which Burisma executive Vadym Pozharskyi allegedly thanks Hunter Biden for setting up a meeting...

Atlanta Fed Forecasts Even Bigger GDP Growth for Third Quarter: 34.6 Percent

Yesterday we reported that economists were estimating third quarter U.S. economic growth at 32 percent. The Atlanta Federal Reserve Bank has revised that upward, to 34.6 percent. The forecast for business investment for...

Thirty-Two Percent Economic Growth Expected for Third Quarter

The U.S. economy grew at a 32 percent annual rate during the third quarter of the year, estimates indicate. That is a record pace for economic growth. Economic output had shrunk by a 31.4...

Berkeley to Ban Junk Food Sales at Store Checkouts

The city of Berkeley, California is about to become the nation’s first locality to ban the sale of so-called junk food in retail store checkout lines. The Berkeley City Council voted unanimously last...

Ron Paul: Nobody Is ‘Fit’ to Be U.S. President

The U.S. government is too big and intrusive for anybody to manage it—not just the president but also the people as a whole, says former Congressman and presidential hopeful Ron Paul. Smaller, limited...

‘Rein in Governors Run Amok,’ Webinar and Study Advise Lawmakers

The lockdowns imposed by the governors of nearly all states have had enormous effects on the economy and people's liberties while serving the goal of "flattening the curve" in the spread of...

New Unemployment Claims Drop Below One Million

The number of Americans filing for unemployment benefits fell to 963,000 last week. The improvement indicates stocks should continue their increase and complicates the negotiations on new stimulus proposals.

Unemployment Filings Decreased Last Week, Department of Labor Reports

Nearly 1.2 million people filed for unemployment benefits during the week ending August 1, the U.S. Department of Labor reported today. That an improvement of 249,000, or 20.75 percent, on the previous week's number.

S. T. Karnick

S.T. Karnick is the director of publications, a research fellow for The Heartland Institute, and the managing editor of Budget & Tax News.

Most Popular

U.S. Economy Surges in Third Quarter, Smashing Previous Record

The U.S. economy grew by an annual rate of 33.1 percent in the third quarter of the year, the U.S. Bureau of Economic Analysis reported today. The growth in the economy in July through September was greater than the record-breaking 31.4 percent decline in the second quarter. The quarterly growth nearly doubled the previous post World War II high of 16.7 percent in 1950.

Study: Proposed Illinois “Fair Tax” Would Wreck State’s Economy

The proposed Illinois “Fair Tax” would reduce the state’s economic output, cost 566,000 jobs, reduce housing values, and drive 1.4 million people to leave the state, a new study finds.

Facebook, Twitter in Legal Crosshairs After Biden Article Suppression

Social media giants Facebook and Twitter yesterday suppressed a New York Post story about a 2015 email in which Burisma executive Vadym Pozharskyi allegedly...

Atlanta Fed Forecasts Even Bigger GDP Growth for Third Quarter: 34.6 Percent

Yesterday we reported that economists were estimating third quarter U.S. economic growth at 32 percent. The Atlanta Federal Reserve Bank has revised that upward,...

Thirty-Two Percent Economic Growth Expected for Third Quarter

The U.S. economy grew at a 32 percent annual rate during the third quarter of the year, estimates indicate. That is a record pace for...

Berkeley to Ban Junk Food Sales at Store Checkouts

The city of Berkeley, California is about to become the nation’s first locality to ban the sale of so-called junk food in retail store...

Ron Paul: Nobody Is ‘Fit’ to Be U.S. President

The U.S. government is too big and intrusive for anybody to manage it—not just the president but also the people as a whole, says...

‘Rein in Governors Run Amok,’ Webinar and Study Advise Lawmakers

The lockdowns imposed by the governors of nearly all states have had enormous effects on the economy and people's liberties while serving the goal...

New Unemployment Claims Drop Below One Million

The number of Americans filing for unemployment benefits fell to 963,000 last week. The improvement indicates stocks should continue their increase and complicates the negotiations on new stimulus proposals.

Unemployment Filings Decreased Last Week, Department of Labor Reports

Nearly 1.2 million people filed for unemployment benefits during the week ending August 1, the U.S. Department of Labor reported today. That an improvement of 249,000, or 20.75 percent, on the previous week's number.