ISSUES & HOT TOPICS

ECONOMY

Bracket Creep’: Voters in These 22 States Could See Direct Tax Hikes Due to Inflation, New Analysis Warns

By Brad Palumbo If government officials want to raise our taxes, they should, at the very least, have to vote on it and be held accountable. Inflation is often described as a “hidden tax,” because it is driven by policy decisions and erodes citizens’ real purchasing power. But in 22 states, the high consumer price […]

A Rare Man of Truth In A World of Lies

By Ken Veit West Virginia Senator Joe Manchin has just done something almost unheard of for a professional politician. He publicly announced that he would not vote for Joe Biden’s BBB reconciliation plan because it has been presented dishonestly to the public. The Biden-Pelosi bill says that the cost will be less than $2 trillion […]

MANCHIN: A Rare Man of Truth In A World of Lies

By Ken Veit West Virginia Senator Joe Manchin has just done something almost unheard of for a professional politician. He publicly announced that he would not vote for Joe Biden’s BBB reconciliation plan because it has been presented dishonestly to the public. The Biden-Pelosi bill says that the cost will be less than $2 trillion […]

Colleges and Their Great Social Injustice

By Craig J. Cantoni Their eager participation in the tuition loan scam reveals their hypocrisy, greed, and political self-dealing. American universities pride themselves on instilling communitarian values in students and enlightening them about social justice, diversity, and inclusion. It’s debatable whether their particular take on these important subjects has brought benefits or harm to society. […]

A U.S. Wealth Tax Would Force Wealth Out of the U.S.

By John Tamny In Amazon’s first twenty years as a public company, its stock went on a wild ride. During seventeen of those twenty years, Amazon’s shares corrected downward to the tune of 20 percent at least once a year. Please think about the volatility of Amazon in concert with the recent wealth-tax proposal rolled […]

2022 Home Prices Will Keep Rising at or Near Double Digits

By Edward Pinto This week, Fortune published an interview I did with Shawn Tully on the state of housing prices and where they will go from here.   The interview is reprinted below. You can also read the interview on the Housing Center website here or on Fortune.com here.  2022 home prices will keep rising at or near double […]

US Would Have Highest Top Income Tax Rate Among Developed Nations Under Biden Plan, New Analysis Warns

By Foundation for Economic Education (FEE) Nobel-prize-winning economist Milton Friedman famously quipped that there’s no such thing as a free lunch. Well, despite the Biden administration’s rhetorical spin, there’s also no such thing as a multi-trillion-dollar spending plan that costs “zero dollars.” Indeed, Biden’s plans include a vast suite of tax hikes to “pay for” the proposed […]

Biden Thanks Unions for Promising to Help Solve a Supply Chain Mess They Created

By Jon Miltimore Two ports that account for 40% of all US imports haven’t been operating on weekends during the biggest supply chain crisis in generations—because of a union contract. In the East Room of the White House last week, President Joe Biden announced the Executive Branch was taking decisive actions to resolve the supply […]

Modern Monetary Theory: A Working Theory Out of Control

By Neland Nobel Some time ago, we reviewed a seminal book on Modern Monetary Theory by Stephanie Kelton.   As an aid to Senate Democrats, Bernie Sanders, and Elizabeth Warren, she has achieved wide influence within the Democrat Party. See the archives for November 25, 2020, The Deficit Myth – Modern Monetary Theory and the Birth […]

PODCAST: Send In The Military…

By Tim Bryce  We’re hearing a lot about a massive supply chain problem whereby we do not have enough port workers and truck drivers to unload and ship materials throughout the country. Imports are radically up, and exports lag woefully behind, a telltale sign of problems with trade and the economy. Experts claim this […]

DeSantis Claus: Florida Ports Report Record Volumes As Governor Vows To Save Christmas

By Pamela Geller DeSantis 2022 and then 2024. DeSantis Claus: Florida Ports Report Record Volumes As Governor Vows To Save Christmas By: Political Insider, October 30, 2021: Florida ports have reported record volume in 2021 even as supply chain shortages flourish under the Biden administration. The news comes as Governor Ron DeSantis has vowed to do […]

Fed’s Lowest Lowball Inflation Measure Hits Another 30-Year High as Reckless Money-Printing Continues

By Wolf Richter While the Fed is still printing $120 billion a month and repressing short-term rates to near 0% in the most monstrously overstimulated economy. The lowest lowball inflation measure that the US government releases, the PCE price index without food and energy rose by 3.64% in September, compared to a year ago, the hottest inflation […]

Union Pay Backs Affect Us All

By Thomas C. Patterson Most of the attention of our nation’s business entities is focused on attempts to win government favors.  That’s typical of political economies sliding into corruption mode. America’s unions have been a big winner of the competition. They poured hundreds of millions of dollars into Democratic campaigns.  Their bet paid off when […]

Biden Plan Puts Medicare Part D in Peril

By David Almasi With liberal lawmakers coveting an expansion of government control over Americans’ health care, their efforts risk “taking programs that work well and mangling them in the name of ‘reform.’” In a commentary published by Missouri’s Springfield News-Leader, Project 21 Co-Chairman Stacy Washington – a resident of the St. Louis metro area – […]

Europe’s Real Energy Wake-Up Call

By Michael Fumento No, the answer is not fossil fuels; it’s nuclear. Energy Crisis Is a ‘Wake Up Call’ For Europe to Ditch Fossil Fuels,” declares CNN. That rather sounds like fossil fuels are becoming scarce there, which they’re not. Besides, the U.S. alone could ship enough coal to tide Europe over for at least a […]

Don’t Trick Yourself into Buying from These Companies This Halloween

By 2ndvote .com Last week, we urged you to treat yourself with Halloween necessities from H-E-B, Great Pretenders, and Spirit Halloween. These are companies which put you over politics. If you missed it, here’s the link for you to read! Today, we’ll be asking you to say “Boo” to three companies which put politics over customers. These […]

Flagstaff Property Owners Win an Important Fight—but the Battle is Far from Over

By Christina Sandefur Flagstaff property owners have scored a major victory against efforts by city officials to impose a sweeping new land-use restriction called the High Occupancy Housing (HOH) Plan that would eliminate their right to use their property. After the Goldwater Institute helped dozens of property owners submit legal demands under the Arizona Private Property Rights […]

New Report Shows Growth of the Welfare State Has Fueled Long-Term Declines in the Labor Force

By Foundation for Economic Education (FEE) A massive labor shortage continues to grip the nation and hold back our economic recovery. With countless pandemic and policy factors influencing the shortage, there’s a heated debate over what’s keeping so many workers out of the labor force. But a new study confirms that the growth of the welfare state […]

Brnovich Requests Restraining Order Against Biden Vaccine Mandate

By Elizabeth Troutman Arizona Attorney General Mark Brnovich asked the U.S. District Court in Arizona for a temporary restraining order and nationwide preliminary injunction against the Biden Administration’s COVID-19 vaccine mandates. “The COVID-19 vaccine mandate is one of the greatest infringements upon individual liberty, federalism, and the separation of powers by any administration in our […]

Limited Government and Money: A Review of Money and the Rule of Law

By Daniel Sutter For centuries pharaohs, emperors, and kings ruled and made average folks do their bidding. The rise of political liberalism changed our conception of power, arguing that governments existed to serve the people. A new book argues we must bring liberal principles to our money. Government actions ultimately involve force, which liberalism argues […]

California Unemployment Claims Account For Over ONE THIRD of Nation’s Total

By Pamela Geller California unemployment claims account for over ONE THIRD of nation’s total. And they voted to keep their oppressors in power. No pity. As NYC Mayor Ed Koch once said, ” “The People have spoken … and they must be punished.” California unemployment claims are one-third of nation’s total while Texas cranks up […]

The Biden Assault On Economic Freedom And Prosperity

By David Henderson Editors’ Note: We have noticed a number of commentators suggesting that Biden is the second coming of Jimmy Carter and “economic malaise.” Professor Henderson makes a number of salient points, particularly regarding economic regulation, that Biden is actually far worse than Carter. As bad as Carter was, he deregulated major industries, actually […]

Fossil Fuels Form The Basis Of Our Medical And Food Supply Chains

By Ronald Stein Under Biden’s plan to rid America of fossil fuels, such a plan would eliminate the medical industry that is totally reliant on the products made from petroleum derivatives, and eliminate oil-based fertilizers to grow the crops that feed the 8 billion on planet earth. Surprisingly, Biden must be oblivious to the consequences […]

How Free Stuff Is Used To Addict The Urban Poor To Welfare

By John Eidson Lifeline is a federal program originally intended to provide low-income people with a free landline phone. Sensing a chance to get more poor people to vote for them, Democrats expanded the program to include free cell phones. To maximize the number of subsidized cell phone recipients, “free phone” vans patrol low-income areas […]

The New York Times Reveals the Horrors of Capitalism—By Showing China’s State-Run Hospitals

By Foundation for Economic Education (FEE) If the Times had visited one of China’s many private hospitals, they would have found something quite different from the chaos depicted in China’s public health care facilities. The New York Times released a 10-minute video last month entitled “How Capitalism Ruined China’s Health Care System.” The video attempts to blame capitalism […]

Bombs Away !! A Razor Thin Congressional Democrat Majority Is About to Transform and Break America and Must Be Stopped: Here’s How

By The Editors The U.S. House and Senate Democrats are attempting to ram through over 2,500 pages of transformational legislation with a Senate reconciliation vote (50 + VP) and a House vote that has a 3 vote Democrat majority (smallest in past century). THERE IS ABSOLUTELY NO MANDATE FOR THIS. It is our belief that […]

The Legal Doctrine of “Carbon Crimes”—Torturing Law and Reason to Rid the Planet of Climate Change Deniers

By Dr. Lucas Bergkamp The climate movement has discovered criminal law as a tool for conducting climate politics. To complement civil lawsuits against states and corporations, the movement’s activists intend to invoke torture and a newly proposed crime of “ecocide” to target corporate executives, politicians, and others who stand in the way of their preferred […]

Is Larry Summers Channeling Benjamin Anderson?

By James L. Caton Larry Summers, who served as U.S. Treasury Secretary under Bill Clinton, and head of the National Economic Council in the early years of the Obama administration began sounding the alarm on the possibility of inflation several months ago. Until recently, I suspect few would have described him as an inflation hawk. […]

New Study Finds Electric Cars Cost More To Refuel Than Gasoline Powered Cars

By Dr. Rich Swier Anderson Economic Group EV Transition Series: Report Comparison: Real World Cost of Fueling EVs and ICE Vehicles compared the actual costs of fueling normally asperated cars and trucks versus all electric vehicles. Read the full study here. The Anderson study noted that Electronic Vehicles (EVs) are, “often presumed to be less expensive to fuel […]

WATCH: Unions Mostly to Blame for Supply Chain Shortages But Biden Thanks Them

By Royal A. Brown III The real cause of supply chain shortages are the Unions which provide Stevedores to unload ships and Warehouse Workers at our major ports.   Their contract exempts them from working on weekends and they already make well over $100,000 a year but have no fear – Beijing Joe Biden will influence […]