Inflation
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The labor market’s performance refutes a central element of Modern Monetary Theory’s license for government spending.
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The Democrats writing the IRA decided that since tax credit subsidies do a good job of promoting renewables and electric vehicles, they should do more. They should promote things like union wages, mining and manufacturing, which have nothing to do with climate.
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EconomicsFeatured
The “Inflation Reduction Act” Will Do Almost Nothing That Joe Manchin Says It Will
by James Agresti August 12, 2022The Inflation Reduction Act will do almost none of what Manchin claims it will—and often the exact opposite.
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Every country where green energy has been tried has failed. Fossil Fuels is the only thing that makes this nation a rich country.
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BlackRock and Vanguard are taking over centralized food production technologies and will have near-total control over the future food supply in America
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The Fed’s inability to see the onrushing freight train of inflation that has smacked America shows again that experts know much less than they think.
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EconomicsFeatured
THORNER: INFLATION NOT PLAYING WELL WITH AMERICANS
by Nancy Thorner April 19, 2022President Biden is deflecting blame for the ongoing surge in prices, insisting COVID-19, Russia, and corporate greed are the real causes. Experts disagree, however, arguing massive government spending by Biden and Democrats is far more responsible.
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EconomicsFeatured
Food Shortages and Skyrocketing Prices? Biden Upping Payments to Ban Farmland
by Seton Motley April 14, 2022The Biden Administration has engaged in an omni-directional assault on our food production system.
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Environment/EnergyFeatured
Oil Price Hikes Hit Poor Countries the Hardest
by Vijay Jayaraj March 15, 2022The victims of higher energy prices are economic growth and the long-running fight against poverty, which translates into harder lives for billions of people struggling to fend off malnutrition and disease.
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EconomicsFeatured
Omnibus: The Avalanches of DC Money Are All Problems – No Solutions
by Seton Motley March 15, 2022Can we guess who will get the lion’s share of all of this DC money? DC’s biggest cronies, of course.
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Environment/EnergyFeatured
Biden’s ‘We Are Going To Get Rid Of Fossil Fuels’ Is A Primary Cause For Shortages And Inflation
by Ronald Stein March 10, 2022The world was previously decarbonized in the 1800’s and earlier, but Biden lacks a basic understanding of what crude oil is used for, as he tinkers with the supply chain of oil that supports the lifestyles and economies for the world’s 8 billion.
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As economist Milton Friedman famously said, “Inflation is everywhere and always a monetary phenomenon.” Alleged inflation remedies should be evaluated on their own merits.
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ConstitutionEconomicsGovernmentPolitics
Inflation Is a Dangerous Way to Get Rid of Debt Burdens
by Richard Ebeling June 1, 2021Joe Biden’s proposed $6 trillion budget for fiscal year 2022, will include a budget deficit of $1.6 trillion, or almost one-third of planned government spending.