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Fed Chair Powell’s Story about Service Price Inflation Is Untrue

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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

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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...
never-ending spending

Genetski: What’s Ahead in 2023?

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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

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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

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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...
government spending

18 Absurdities in Omnibus Spending Bill (Commentary)

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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...
capitalism throughout history

With Economic Downturn Imminent, Fed Keeps Tightening

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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...
Jerome Powell

Fed Interest Rate Hikes Invert Yield Curve—Reynolds (Analysis)

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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...
inflation heading up

Healthy Job Growth Suggests Inflation Concerns for Federal Reserve

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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

Regulations Cost Nearly $2 Trillion Yearly, Study Says

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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.

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New York School Spending Led All US by Record Margin in 2021-22

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Public elementary and secondary school spending in New York hit a new record high of $29,873 per pupil in 2021-22, according to the Census Bureau’s...
exercising the Second Amendment

Tennessee Gov. Says He’ll Sign Bill to Let Some Teachers and Staff Carry Guns...

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Gov. Bill Lee said Thursday he will sign legislation to let some teachers and staff go armed in Tennessee public schools. “Districts have the option...
graph showing economic recovery

Robert Genetski: Disappointing Inflation News

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Robert Genetski: Disappointing inflation news, rise in interest rates, stocks decline this week, and Fed will likely keep buying $95 billion a month in...