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Fed Chair Powell’s Story about Service Price Inflation Is Untrue
Fed Chair Powell’s story about Service Price Inflation remaining high is untrue, in theory and in fact.
By Alan Reynolds
In The Wall Street Journal’s “Year‐End Review...
Los Angeles Mayor Karen Bass Declares Homeless Emergency
Los Angeles Mayor Karen Bass issues homeless emergency declaration on first day in office to deal with 40,000 unsheltered people.
By Eileen Griffin
Los Angeles Mayor...
Genetski: What’s Ahead in 2023?
2022 saw rapid increases in spending, high inflation, little real growth, declining living standards and public discontent. What's ahead?
Year that Was
2022 is the third...
Barone: COVID Only Accelerated the Blue State Exodus
The Covid-19 pandemic accelerated a blue state exodus that was already in motion, columnist Michael Barone says
Where are Americans moving? And where, to make...
Shapiro: The Left’s Big Pitch: Embrace a Worse Life in the Name of Equality
Harmful economic policies are enacted in the name of equality, columnist Ben Shapiro says
This week, The New York Times released a long expose of...
18 Absurdities in Omnibus Spending Bill (Commentary)
18 absurdities in Omnibus spending bill: special-interest handouts and fuel for inflation and the woke, leftist establishment.
Congressional leaders have dropped 6,825 pages of text...
With Economic Downturn Imminent, Fed Keeps Tightening
December is the sixth consecutive month of slightly negative money growth in the United States. The traditional six- to nine-month lag in monetary effect...
Fed Interest Rate Hikes Invert Yield Curve—Reynolds (Analysis)
Fed interest rate hikes further invert yield curve (when long-term bond yields fall), "running on the same Fed path that has repeatedly ended with...
Healthy Job Growth Suggests Inflation Concerns for Federal Reserve
Today's job report shows private payrolls growing at a healthy 2 percent annual rate. It also shows average hourly earnings growing at an 8.5...
Regulations Cost Nearly $2 Trillion Yearly, Study Says
Regulations amount to a hidden tax. The Competitive Enterprise Institute’s 2022 Ten Thousand Commandments finds the total cost of regulations amounts to $1.927 trillion annually, or about 33 percent of projected federal outlays.