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Report: Gov. Lujan Grisham’s Car Gets Less Than 13 mpg, Well Below 52 mpg She Seeks For All State Vehicles
/in Economy, Environment, Liberty, News, Politics /by Editorial StaffNew Mexico Gov. Michelle Lujan Grisham drives a car with an average fuel economy of less than 13 mpg, according to records obtained by Power the Future and first reported by The Federalist. At the same time, Lujan Grisham committed the state in 2019 to new energy efficiency standards that included requiring new cars sold […]
Goldwater: Lawsuit Could Ban Tax Cuts In Arizona
/in Economy, News /by Cole LauterbachA legal challenge to legislation that shielded small businesses from Prop. 208’s tax increase could end up barring the Arizona Legislature from ever cutting taxes again. That’s the claim from the nonprofit Goldwater Institute, which filed to intervene in a challenge to Senate Bill 1783 by Invest in Arizona. The legislation, enacted as part of […]
The 10 States Leading the Economic Recovery All Have One Thing in Common [And So Do the Worst Ones!]
/1 Comment/in Culture Wars, DrRichSwier.com, Economy, Elections, News, Politics, Regulation, Waste, Fraud and Abuse /by Foundation for Economic Education (FEE)The economy continues to recover from the COVID-19 pandemic and ongoing government restrictions. But newly released Labor Department data show that the recovery isn’t equal across all 50 states and Washington, DC. Some parts of the US have almost or entirely returned to pre-pandemic unemployment rates—while others remain strangled in stagnation. Here are the 10 states with […]
One of the Biggest Welfare State Expansions in U.S. History Just Got Approved By the House
/in Budget and Finance, DrRichSwier.com, Economy, Elections, News, Politics, Taxes /by Foundation for Economic Education (FEE)And the whopping $3.5 trillion price tag could even be an underestimate. It’s another day that ends in y, so, Congress just nonchalantly voted to spend trillions of taxpayer dollars. On Tuesday, the House approved a $3.5 trillion spending resolution on a party-line vote, with Democrats backing the measure and Republicans uniformly opposing it. “House Democrats passed […]
Our $28 Trillion National Debt Is Coming Due
/in Culture Wars, Economy, Liberty, Politics /by John LottIf we don’t stop our runaway national debt, it will require much higher taxes and dramatic cuts in spending. Last September, the Congressional Budget Office (CBO) predicted the federal debt wouldn’t hit $29 trillion until 2028. Just short of a year later, the national debt stands at $28.6 trillion and is set to surpass $29 […]
Nixonomics in Retrospect: Devaluation and Wage-Price Controls, August 15, 1971
/in Economy, Liberty, Politics /by Alan ReynoldsFifty years ago, in July 1971, I wrote “The Case Against Wage and Price Control” and sent it to National Review. I was early because I could see it coming. Sure enough, on August 15, President Nixon announced a 90-day freeze on wages, prices, and rents. One year earlier, Congress had granted the President a […]
Shortages in Charts: New & Used Vehicle Inventories Collapsed, Supply at Clothing Stores Gets Tight, Food Stores Near Normal
/in Culture Wars, Economy /by Wolf RichterOver-stimulated demand, tangled supply chains: shortages for some, plenty of supply for others. The historic stimulus from $5 trillion in government deficit-spending and from $4 trillion in Fed money-printing within a 16 month period resulted in a historic spike in consumer spending on goods. When the demand shock hit retailers and other companies, they were suddenly […]
Arizona Supreme Court Upholds Prop. 208, Won’t Allow It To Break Spending Limit
/in Economy, Education, Politics /by Cole LauterbachArizona’s high court didn’t strike down a voter-approved tax increase on the wealthy, but it’s not going to let the influx of new revenue break a constitutional cap on education spending, either. The Arizona Supreme Court remanded Fann vs. Invest in Education back to a trial court Thursday morning, saying it’s too early to say […]
OPEC Denies Biden’s Pleas to Pump More Oil
/in Economy, National Security, Politics /by Isaac OrrLast week, American Experiment detailed how President Biden, who has hindered North American energy production by canceling the Keystone XL pipeline and issuing a ban on issuing new drilling leases on federal land, was begging the Organization of Petroleum Exporting Countries (OPEC) and Russia to pump more oil to keep gasoline prices in check. This […]
Conservative Media Company Is The Fastest-Growing Advertising And Marketing Business In The US, According To Inc. 5000
/in DrRichSwier.com, Economy, Elections, News, Politics /by The Daily CallerOlympic Media, a conservative digital media company, is the fastest-growing private advertising business in the U.S., according to the 2021 Inc. 5000 list. “What we’re building is … a pro-America, American exceptionalism-type brand that makes no apologies for anything,” and doesn’t buy into “what we consider woke nonsense,” Olympic Media Founder and CEO Ryan Coyne […]
Can You Make Sense Of The Nonsensical?
/in Economy, Education, Healthcare, National Security, Politics /by Ken VeitFriends ask me if I am making sense out of all the strange events in the world. The short answer is: No, I am not. Let’s start with Afghanistan, the current hot topic. We should have gotten out 20+ years ago. Anyone with a passing knowledge of history and culture knows that Afghanistan is not […]
American Express Embraces Marxism, Racial Segregation with “Action Plan”
/1 Comment/in Culture Wars, DrRichSwier.com, Economy, News, Politics, Waste, Fraud and Abuse /by 2ndvote .comFor 50 years, Martin Luther King, Jr. set the course for how we deal with race in America. “I have a dream,” he said, “my four little children will one day live in a nation where they will not be judged by the color of their skin but by the content of their character.” His […]
China’s Xenophobic Plan to Shut Out the World
/in Economy, Liberty, National Security, ThePricklyPear.org /by ThePricklyPear.orgBy Gordon Chang On August 11, the Chinese Communist Party’s Central Committee and the central government’s State Council issued what the official Xinhua News Agency called “an outline on promoting the building of a rule of law government from 2021 to 2025, on the basis of the successful implementation of a previous 5-year plan.” The […]
China’s Xenophobic Plan to Shut Out the World
/in Economy, Liberty, National Security /by Gordon ChangOn August 11, the Chinese Communist Party’s Central Committee and the central government’s State Council issued what the official Xinhua News Agency called “an outline on promoting the building of a rule of law government from 2021 to 2025, on the basis of the successful implementation of a previous 5-year plan.” The Chinese party-state’s announcement […]
The Intentional Destruction of America’s Cities
/in Commentary, DrRichSwier.com, Economy, Elections /by John EidsonWhat it looks like when a great nation commits suicide. Our Decaying Civilization. Last week, I received an email from a friend. As a former U.S. Army intelligence officer during the Cold War, he carried out clandestine collection operations for the Defense Intelligence Agency in Germany, and later worked as an international war correspondent for the […]
Ayanna Pressley’s ‘Cancel Rent’ Hypocrisy, Exposed
/in Culture Wars, DrRichSwier.com, Economy, Elections, News, Politics, Taxes, Waste, Fraud and Abuse /by Foundation for Economic Education (FEE)The congresswoman’s rental income is another reminder that landlords are not all wealthy CEOs or big companies. “Landlord” has become a dirty word in progressive politics. From the #CancelRent movement to support for the CDC’s unlawful “eviction moratorium,” prominent left-wing politicians want the government to back the “good guys,” renters, at the expense of the […]
Cuomo Is Guilty Of The Subprime Mortgage Crisis Too
/in Economy, Politics /by Matt SnapeThe former governor should have been forced out of public life long ago. A friend of mine once said in a WhatsApp group chat that former New York Governor Andrew Cuomo could be the Democratic candidate in 2024. The thought made me shudder, and that was before his state requirement that forced nursing homes to […]
A Tragic Half Century Without Gold Money
/in Culture Wars, Economy, Liberty, Politics /by Richard M. SalsmanIn 2012 a poll taken by the University of Chicago’s Booth School of three dozen academic economists from eight prestigious universities revealed that they all despised the gold standard; they rejected it not so much for its track record but as a possible monetary system for current times. Professors from Chicago (8), Stanford (6), Yale (5), Harvard […]
The Senate Just Approved a Spending Plan 5x the Size of FDR’s New Deal
/in Economy, Liberty, Politics /by Brad PalumboFrom trillions in COVID-19 spending to a $1+ trillion “infrastructure” bill, the federal government has spent so much taxpayer money over the last year-and-a-half that it beggars belief. You’d think the folks in Washington, DC would have run out of ways to waste our money by now. (How can anyone be this creative?) But Senate […]
The Future Of Woke Investing
/in Culture Wars, Economy, Liberty, Political Satire /by David Almasi“Environment, Social and Governance” is a confusing mouthful of terms, but it’s the driving force behind making American businesses compliant to the left-wing agenda. As Justin Danhof, Esq., recently noted, it’s a “wildly important topic that’s not talked about enough.” Justin — who until recently was Director of the National Center’s Free Enterprise Project (FEP) […]
Dollar’s Purchasing Power Plunged at Constant Speed
/in Culture Wars, Economy, News /by Wolf RichterNow it’s new vehicles, restaurants, energy. Game of Whac-A-Mole as some price spikes slow while others begin. But it’s a lot worse than it seems. The Consumer Price Index (CPI) jumped 0.5% in July from June, after having jumped 0.9% in June, 0.6% in May, for a three-month annualized rate – the three-month momentum – […]
Disney Continues to Prioritize Left-Wing Culture, Anti-Free Speech Legislation
/in Culture Wars, DrRichSwier.com, Economy, Elections, News, Politics /by 2ndvote .comLifelong family-oriented supporters of the Walt Disney Company will be sad to learn that Disney is no ally to traditional social values. 2ndVote currently scores the Walt Disney Company at a measly 1.67 — and we’re not optimistic about that score improving in light of the company’s brainwashing of little children with an episode of their famed Muppet Babies television […]
Capitalist Giant American Express: Capitalism Is Racist
/in Culture Wars, DrRichSwier.com, Economy, Politics /by Robert SpencerMy latest in PJ Media: What could be more capitalist than American Express? After all, the credit card behemoth made $2.3 billion in profit last quarter alone. Since the social media giants are massive corporations, too, and they seem to be all in on the woke corporate nanny state, why not Amex? Christopher F. Rufo of […]
An Ivy League Analysis Just Destroyed Biden’s Biggest Argument for the Bipartisan Infrastructure Bill
/in Economy, Politics /by Brad PalumboHere’s why the plan would create zero jobs, on net. The bipartisan infrastructure legislation moving through Congress could end up on President Biden’s desk before we know it. The $1 trillion bill has reportedly cleared major hurdles in the Senate and will soon land before the House of Representatives. The president would almost certainly sign […]
A China In A Bull Shop
/in Culture Wars, Economy, Liberty /by Neland NobelChina has taken a number of steps of late to restrict enterprise. Press reports often phrase that there has been a “crackdown” on the private sector as if a private sector really exists in China. In other cases, they have stepped in, as in the case of Hong Kong, to destroy freedom and the economic […]
The End of Bretton Woods, Jacques Rueff, and the “Monetary Sin of the West”
/in Economy, Liberty, News /by Lawrence H. WhiteAugust 15, 2021 marks the 50th anniversary of the day President Richard Nixon “closed the gold window,” ending the postwar Bretton Woods international monetary system. It is an appropriate moment to reconsider the internal inconsistencies of the Bretton Woods system. As its contemporary critics understood, Bretton Woods was doomed to fail if it could not […]
Inflation Reaches 7.8%, The Highest Level Ever Recorded
/1 Comment/in Culture Wars, DrRichSwier.com, Economy, Elections, News, Politics /by Pamela GellerMillions of Americans voted for Joe Biden because they disliked President Trump’s demeanor, and his temperament, and his tweets. Well, this is their reward. Record inflation, record deficit spending, open boarders, sky-rocketing crime, and the stability of the world in a freefall. Inflation For Businesses Reaches 7.8%, The Highest Level Ever Recorded By Daily Wire, […]
Bloated Bipartisan $1.1 Trillion Infrastructure Bill Is Neither Reasonable Nor Centrist
/in Economy, Liberty, Politics /by Kay C. JamesThe bipartisan group of senators that just passed a $1.1 trillion federal infrastructure bill is attempting to sell it as a reasonable, centrist compromise. Yet it is neither reasonable nor centrist. If approved by the House of Representatives, the bill would immensely expand the size and power of the federal government, waste hundreds of billions of taxpayer dollars on […]
The Great Keynesian Coup of August 1971: Fifty Years Later
/in Economy, Liberty /by William AndersonOn August 15, 1971, the last remains of what had been a magnificent monetary system died a terrible death, and the American academic, political, business, and media elites led the cheers. The Dow Jones Average jumped by more than 32 points the next day. A de facto national default was spun as a great liberation […]
Phoenix Is Nation’s Fastest-Growing Big City; Nearby Buckeye’s Population Explodes
/in Economy /by Cole LauterbachThe U.S. Census Bureau released its official data Thursday, reflecting its 2020 headcount. It confirms estimates showing Arizona’s capital city grew faster than any other of the country’s major population centers. Phoenix grew by 11.2% from 2010 to 2020, trading places with Philadelphia for the fifth-largest city in the nation. There also was a trend […]