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Total wages and salaries in November were slightly above their peak in January. After adjusting for inflation, wages matched their peak. Total personal income and real disposable income were 3 percent above their prior peaks. In contrast, consumer spending was 2 percent below its peak and spending after inflation was 3 percent below its peak. With incomes slightly above and spending slightly below peak levels, it appears the overall economy has fully recovered even as pockets of weakness remain.

A flood of money is pumping up the U.S. economy as Congress and the Federal Reserve play Santa Claus.

Three days ago, Dr. Pierre Kory, head of an international association of doctors specializing in treating COVID-19 patients, testified before Congress. His group of doctors says they now have a protocol that provides the most effective means of both preventing and treating COVID-19. Dr. Kory says no one has to be infected by COVID-19 any longer, much less die of the disease. The video of his emotional testimony is here. The protocol uses Ivermectin Oral, a widely used medicine for treating parasites. Dr. Kory’s group says it is safe and inexpensive. The guide to his group and their protocol can be found here.

Employment growth slowed in November. However, business surveys show demand is strong, with employers complaining about a shortage of qualified workers. With rising demand and strong new orders, job numbers should catch up with the rest of the economy.

The latest economic numbers show business activity in the United States soared in November despite the rising concern over COVID. The economy is about to hit new highs. Expect the momentum to continue into next year.

"Governments have been notorious in the misuse of their capacity to turn the handle of the monetary printing press to create the money needed...

The upcoming legislative session in Louisiana is going to be met with a coalition of contractors and other special interest groups intending to persuade...

By Rachel Greszler & Ilana Blumsack  America’s most popular federal government program — Social Security — will be insolvent within 15 years, leaving older workers and...

“Abandoning the proposed rule abandons a potential restraint on Medicaid spending growth, at a time when federal debt and deficits have soared to unsustainable levels.”

The latest bad education news comes to us courtesy of the National Assessment of Educational Progress (NAEP). The most recent exam was administered to high...