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Here Is What Stagflation Looks Like
/in Economy, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy David Stockman Yes, we have some stagflation. Subsequent to the pre-Covid peak in Q4 2019, real final sales of domestic product have slowed to a crawl, rising by just 0.73% per annum during the last 2.5 years. We much prefer this measure over real GDP because it removes the abrupt inventory swings from quarter to quarter, […]
In Condemnation of Kyrsten Sinema
/in Economy, Environment, Featured, Healthcare, Liberty, National Security, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Neland Nobel Last January we wrote a piece called “In Praise of Krysten Sinema.” It was written in a generous bi-partisan spirit. The senior Senator from Arizona had stood up to a massive, expensive, intrusive spending bill. She had done so under relentless attack. These attacks even became personal as she was accosted in a […]
What Litter Says about America
/in Economy, Environment, Featured, ThePricklyPear.org /by ThePricklyPear.orgBy Craig J. Cantoni Especially telling is a water bottle that is marketed as eco-friendly. Like an archeological dig, the litter that my wife and I pick up on our daily five-mile walk says a lot about American society. The daily debris comes from all socioeconomic classes. Receipts found among some of the items show […]
The 33 States Where Our Tax Dollars Go To Support The Non-Working Class
/in DrRichSwier.com, Economy, Elections, Healthcare, Politics, Taxes /by DrRichSwier.comBy Dr. Rich Swier The Cato Institute released an updated 2016 study showing that welfare benefits pay more than a minimum wage job in 33 American states, and the District of Columbia. Even worse, welfare pays more than $15 per hour to stay home in 13 states. According to the study, welfare benefits have increased […]
Iran has made $44,700,000,000 in Illegal Oil Sales since Biden took office
/in DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy Jihad Watch Biden’s handlers’ relentless determination to appease the Islamic Republic has ended up lavishly financing the global jihad. by Adam Kredo, Washington Free Beacon, August 2, 2022: Iran’s illegal oil trade has boomed under the Biden administration, with the hardline regime selling more than $44 billion worth of its heavily sanctioned oil to malign regimes […]
Our Elitist Environmental Experts Are Driving Us Over The Cliff
/in Economy, Environment, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Thomas C. Patterson Leftist thought leaders insist that we are facing an environmental holocaust unless we immediately drastically reduce carbon emissions. Yet it’s curious. The governing and influence elites demand massive societal sacrifice, while they are apparently not concerned enough to alter their own extravagant lifestyles. They own multiple sumptuous homes, cars, and yachts. They […]
China Launches World’s Largest Container Ship
/in DrRichSwier.com, Economy /by DrRichSwier.comBy Dr. Rich Swier Our friend LC wrote the following to us, I remember hanging a picture of the worlds largest new container ship on my office wall it was owned by Mitsui Ocean Lines (Japanese) and it held either 1,400 or 1,700 TEUs containers (cannot remember for sure, but it was gigantic). And that […]
How Airline Regulations Hurt Passengers
/in DrRichSwier.com, Economy, Politics, Regulation /by DrRichSwier.comBy Foundation for Economic Education (FEE) To help passengers, airline regulations should be scrapped, not increased. If you’ve been anywhere near an airport in the last two years, you’ve probably gathered that things in the airline industry have changed. Delays and cancelations are causing more headaches than ever, baggage mishandling is up, unruly passenger cases are up…it’s really a […]
HARVARD-CAPS HARRIS POLL: Biden Approval Remains at Historic Lows
/in DrRichSwier.com, Economy, Elections, Politics, Taxes /by DrRichSwier.comBy Dr. Rich Swier Voters overwhelmingly believe we are in or headed for a recession. Inflation and affordability are the top issue across the political spectrum. NEW YORK, NY /PRNewswire/ — Stagwell (NASDAQ: STGW) today released the results of the July Harvard-CAPS Harris Poll, a monthly collaboration between the Center for American Political Studies at Harvard (CAPS) and the […]
The Democrat Economists in Charge of Deciding ‘If’ There’s a Recession
/in DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy Jihad Watch Why the Biden administration wants the “experts” to determine if there’s a recession. Facebook is now censoring posts and videos about the Biden recession by using partisan fact-checks from left-leaning outlets to wrongly condemn them as “misinformation”. The fact checks rely on the same argument being propounded by the Biden administration and […]
The Inflation ‘Reduction’ Act – Really?? Are You Kidding?? Calling Senator Sinema
/in Economy, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy John R. Ammon The $739 billion Inflation ‘Reduction’ Act of 2022 – really?? Are you kidding?? Joe Manchin, Chuck Schumer and Joe Biden are attempting to rapidly hoist this Senate bill on America before the coming recess to reduce inflation! Does any sane American (sane = common sense, attached to reality) actually believe this totally […]
The Biden Administration Says US Not in a Recession, but Federal Statutes Say Otherwise. Who is Right?
/in Economy, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Jon Miltimore Is the US economy in recession? The answer is, paradoxically, both easier and more complicated than you might think. As expected the United States posted negative growth for the second consecutive quarter, according to government data released on Thursday. “Real gross domestic product (GDP) decreased at an annual rate of 0.9 percent […]
New housing market data reveals a stunning shift as these 21 of the top 50 metro areas show price declines for June
/in DrRichSwier.com, Economy, Elections, Politics, Regulation /by DrRichSwier.comBy Edward Pinto In the Fortune article below Shawn Tully interviews Ed Pinto and cites AEI Housing Center data on HPA to discuss the cooling housing market. He also writes about the geography of these changes, as western metros face the most drastic downturns in HPA. It’s finally happening. After soaring 40% from pre-pandemic levels […]
PODCAST: We Need to Fight Crime, Not the Right to Bear Arms!
/in Courts & Law, DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy Conservative Commandos Radio Show GUESTS AND TOPICS TIM WILSON Tim Wilson is a Senor Fellow at the London Center, a former British Army officer who served in a variety of command appointments on numerous operational tours during a 32 year military career. Lt Col Wilson has written for a range of publications on diverse […]
Why Are Gas Prices Falling?
/in DrRichSwier.com, Economy, Elections, Energy, Environment, Politics, Regulation /by DrRichSwier.comBy Foundation for Economic Education (FEE) Does Biden deserve credit or does the second law of demand explain our less painful trips to the pump? Anyone who has a car is breathing a sigh of relief this last week. After two years of increasing gas prices, we’ve finally had a significant fall in gas prices. […]
A Political Victory for the Joes Is a Loss for the Country
/in Economy, Environment, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy William Anderson Editors’ Note: If Manchin thinks this will end the war on fossil fuels, he of course is wrong. The legislation through taxation and subsidies still directs energy choices through a top-down, central planning model, rather than allowing free competition among choices. It also does nothing to challenge the dubious science of global […]
Davos Man, Master Of The Poors
/in Economy, Education, Environment, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Rod Dreher What globalists did to Sri Lanka, they are doing to us all, in many ways. Slowly but surely, I’m getting used to this new posting system. I am receiving your comments about the problems with the new commenting system, and am passing them on to the Mothership. Sounds like we are quickly […]
No Farmers, No Food, No Life
/in Economy, Featured, Healthcare, Liberty, National Security, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Carla Peeters The world is now facing a man-made food catastrophe. It is reaching crisis levels. Current policies in many parts of the world place a priority on climate change for realizing a green new deal. Meanwhile, such policies will contribute to children dying from severe malnutrition due to broken food systems, with shortages […]
How The Roman Government Destroyed Their Economy
/in Courts & Law, DrRichSwier.com, Economy, Elections, Politics, Regulation /by DrRichSwier.comBy The Geller Report Spending, inflation, and economic controls destroy wealth and create conflict. By: Richard M. Ebeling, Fee Stories, October 5, 2016: In 449 B.C., the Roman government passed the Law of the Twelve Tables, regulating much of commercial, social, and family life. Some of these laws were reasonable and consistent with an economy of contract […]
Texas Now Produces More Oil Than Every Country in the World Besides Russia, Saudi Arabia, and Iraq
/in DrRichSwier.com, Economy, Elections, Politics, Science /by DrRichSwier.comBy Foundation for Economic Education (FEE) This “energy miracle” in the Lone Star State has to be one of the most remarkable energy success stories in history. As a result of the impressive, “eye-popping,” and ongoing surges in Texas’s oil production over the last decade, the Lone Star State recently surpassed Canada’s oil output for […]
Most Arizonans’ Monthly Costs Inflated By At Least $200 This Year
/in Economy, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Tom Joyce Inflation is a big problem for Arizona residents, an Arizona Public Opinion Pulse (AZPOP) Survey conducted by OH Predictive Insights shows. Released Thursday, the poll concluded that 62% of Arizonans had seen a monthly spending increase of $200 due to inflation. The Phoenix metropolitan area is one of the nation’s hardest hit […]
Biden Family Connections to U.S. & China Energy Deals
/in Economy, Featured, National Security, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Larry Bell Here’s a head-scratcher. Weren’t we told by President Joe Biden that the release of a million barrels of oil a day from the US Strategic Petroleum Reserves (SPR) from April onward, “will help address supply disruptions caused by Putin’s further invasion of Ukraine and the Price Hike that Americans are facing at […]
Zuckerberg’s Edsel: Meta FAIL, Loses $2.8 Billion
/in DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy The Geller Report Massive failure. Meta Takes 2.8 Billion Dollar Loss On Its Metaverse Bet By: Rosemarie Miller, Forbes Staff, July 29, 2022: Meta reports a $2.8 billion loss in its Facebook Reality Labs while facing a FTC lawsuit. The Reality Labs Division contains augmented and virtual reality operations known as the metaverse…… Meanwhile, […]
Watch: Biden says U.S. ‘not in a recession’ despite two consecutive quarters of shrinking economy
/in DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy The Geller Report Another awful public appearance by President Biden. The Biden Administration believes that the American people are stupid, and hold them in total contempt. It’s horrible. Watch below. #Trump2024! What a disgrace… not just Joe, not just the democrats who are happy to see the US economy get battered to further their […]
Despite Leadership Opposition, 24 Republicans Help Send CHIPS Package To Biden’s Desk
/in DrRichSwier.com, Economy, Elections, Politics, Taxes /by DrRichSwier.comBy The Daily Caller The House of Representatives passed the $280 billion semiconductor chip and scientific research and development package on Thursday afternoon, sending the legislation to President Joe Biden’s desk. Despite opposition from GOP leadership, 24 Republicans joined 219 Democrats in supporting the CHIPS and Science Act of 2022. All 187 “no” votes on […]
The Biden Administration Says U.S. Not in a Recession, but Federal Statutes Say Otherwise. Who is Right?
/in Courts & Law, DrRichSwier.com, Economy, Elections, Politics, Regulation /by DrRichSwier.comBy Foundation for Economic Education (FEE) Is the U.S. economy in recession? The answer is, paradoxically, both easier and more complicated than you might think. As expected the United States posted negative growth for the second consecutive quarter, according to government data released on Thursday. “Real gross domestic product (GDP) decreased at an annual rate […]
Starbucks Closures Over Crime Show How Companies Dodge Woke Consequences
/in Economy, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Jarrett Stepman Troubled times may be ahead for the marriage between corporate America and the left. Starbucks recently announced that it’s closing over a dozen stores because of crime and safety concerns. “We’ve had to make the difficult decision to close some locations that have a particularly high volume of challenging incidents that make […]
Legislation by Any Other Name
/in Economy, Environment, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Peggy Little West Virginia v. EPA is a blockbuster ruling of great consequence to the current reign of the administrative state over the lives of Americans. It restores core foundational principles that have been ignored or trampled for far too long—namely that lawmaking power is vested in Congress and cannot be usurped by agencies […]
The Government Can Make Climate Change Much Worse
/in Economy, Environment, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Josiah Neeley Suppose everything you hear in the news about climate change is true. Suppose climate change is real, suppose it is primarily due to the burning of fossil fuels, and suppose that if this continues, the costs will be significant. Suppose all this is true. How should those who disagree with the likely […]
Interest Rate Tightening Will Cause Even More Economic Destruction
/in Economy, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Frank Shostak Federal Reserve policies attempting to promote economic and price stability are a major cause for the recent acceleration in consumer prices. According to popular thinking, the central bank is supposed to promote both steady economic growth and price stability, the economy is perceived as a spaceship that occasionally slips from stability to […]