By Diana Furchtgott-Roth ~ After one of the biggest banks in the technology startup lending space collapsed last week, President Joe Biden tried to reassure Americans that their banking system was still safe. But if bank examiners are not doing their job, which was the fundamental problem in the Silicon Valley Bank crash, then customers’ […]
By David Ditch ~ President Joe Biden has a long, well-documented history of telling tall tales. Accordingly, it was not a surprise that his State of the Union address Feb. 7 included many misleading and inaccurate claims. Although a group of experts dissected the speech in real time, one line in particular is worth rebutting […]
By Joseph Vazquez ~ A piece published in a major liberal publication funded by leftist billionaire George Soros is projecting global economic disaster. The Soros-funded Project Syndicate released a Dec. 2 column by New York University Professor Emeritus of Economics Nouriel Roubini headlined: “The Unavoidable Crash.” Roubini wrote that years of frivolous fiscal, monetary and credit […]
By David Ditch ~ House Republicans will vote soon on whether to bring back the ban on budget earmarks, which are a way for members of Congress to dole out favors using taxpayer money. Ending earmarks would be an excellent opportunity for the new House majority to combat the wasteful and corrupt political culture that […]
By E.J. Antoni ~ The sailor’s lament “Water, water everywhere, and not a drop to drink” is reminiscent of how most Americans must feel today about their cost of living. For instance, there are plenty of homes and apartments across the country, but good luck finding one that’s affordable—inflation and interest rate hikes under President […]
By Gillian Richards ~ The Republican National Committee released a report this Friday showing that Republican-led states have led the way in creating new jobs and lowering unemployment since the COVID-19 outbreak. Using new Department of Labor data, the committee found that in August, 9 out of the 10 states leading the way in job […]
By Peter St. Onge ~ The highly anticipated consumer price index numbers for July came out Wednesday, and while energy fluctuations drove the headline number down, ominous trends show President Joe Biden’s inflation will continue to devastate the American people. The headline consumer price index came in at 8.5% year-over-year inflation, down from last month’s […]
By Fred Lucas ~ Pulling an all-night “vote-a-rama” Saturday that extended through the middle of the afternoon on Sunday, Senate Democrats defeated a slew of Republican amendments en route to passing a massive spending and taxing bill. In her role as president of the Senate, Vice President Kamala Harris cast the tie-breaking vote on the […]
By Thomas Gallatin ~ Student loan waste was “unexpectedly” high — to the tune of $311 billion. “Free college” was the mantra espoused by radical leftist candidates including Bernie Sanders in his ultimately failed presidential bid. Sanders’s proposal included “forgiving” $1.6 trillion in student loan debt, as he called the cost of higher education a […]
By Joseph Vazquez ~ The New York Times economics columnist Paul Krugman went from admitting he completely botched his “transitory” inflation calls to gaslighting readers over the possibility of a recession. Krugman took to Twitter to promote his new column that aligns with the White House’s latest strategy to cast confusion over the meaning of […]
By Joseph Vazquez ~ The New York Times opinion section actually published a shocking project where eight of their columnists admitted they were wrong about either economics, tech, foreign affairs or politics. At the top of the list was none other than “transitory” inflation gaslighter Paul Krugman. The Times’s economic columnist published an op-ed with a headline […]
By Fred Lucas ~ Americans are paying about $2,500 more for energy because of Biden administration policies, says former Energy Secretary Rick Perry. “We became the No. 1 producer of oil and natural gas and become a net energy exporter for the first time in 70 years,” Perry told a panel of House Republicans Tuesday […]
Nate Jackson ~ Progress doesn’t necessarily mean going in the right direction, as we can all see in today’s economy. ~ In remarks to the AFL-CIO yesterday, Joe Biden trotted out some of his favorite economic lies and tropes. Taxes, deficits, spending, jobs, you name it — he lied about it. A few examples: […]
By Joseph Vazquez ~ The Bloomberg Opinion Editorial Board had a bit of a red pill moment on how bad the inflation crisis actually is, but didn’t lay any blame at the feet of President Joe Biden and the Federal Reserve. In an editorial headlined, “The Fed Has a Narrow Path Between Inflation and Recession,” […]
By Anthony B Kim ~ “[T]he United States should strengthen its close and mutually beneficial trading and economic partnership with the United Kingdom.” That’s the unequivocal statement from Sen. Mike Lee, R-Utah, in his recent resolution calling for a free trade agreement between the two long-time, like-minded, and willing transatlantic allies. Advocating for a U.S.-U.K. […]
By Duggan Flanakin ~ How do you grow a middle class across the African continent? The answer should be simple: support entrepreneurship that multiplies the available capital in the economy accessible to ordinary working people. That’s what worked in the West, and more recently in the Pacific Rim and even in the People’s Republic of China. Emerging […]
By Joseph Vazquez ~ The ABC, CBS and NBC evening news shows buried a report showing that most Americans currently live paycheck to paycheck as the cost of living continues to skyrocket. Fintech marketplace bank LendingClub released a report March 3, which stated that “[t]he number of consumers living paycheck to paycheck has increased steadily […]
By Alexander Hall ~ President Joe Biden signed an executive order to ensure government oversight of cryptocurrency and to ensure that it is “equitable” for groups categorized as historically marginalized. Does anything escape government control in this administration? Biden signed an executive order today so that the United States regime can “address any regulatory gaps” […]
Emmy Griffin But is this really a bad thing, or is it a boost for families? According to Tami Forman at Fortune, the women’s work participation rate is down to 57%. It has not been this low since 1988. It is especially bad, according to Forman, because many women have now been out of the […]
By Star Parker ~ It is ironic when Democrats complain about sensational use of language. Thanks to progressives, practically every white person in America has been labelled a racist. But now Democrats are screaming because Republican Sen. John Kennedy suggested that Saule Omarova, whom President Joe Biden has nominated to head the Office of the […]
By Joseph Vazquez ~ The inflation crisis has gotten so bad that multiple liberal outlets are now admitting that it spells disaster for President Joe Biden’s economic agenda. CNBC published an eye-opening piece headlined, “Inflation has taken away all the wage gains for workers and then some.” The story analyzed that “[r]eal average hourly earnings […]
By David Ditch ~ Last weekend, the House finally passed the nearly $1.2 trillion infrastructure package. The vote followed months of tedious back-and-forth drama between various factions within the Democratic Party. Ideally, that would be the final act in an overly long spending spree from Congress that began last year, but there’s an all-too-real chance […]
By Joseph Vazquez ~ Blame Americans! TIME magazine chose to blame the everyman to protect President Joe Biden from his disastrous economic policies and the supply chain shortages hampering the U.S. economy. The liberal magazine was blunt in its absurd condescension in a story headlined, “How American Shoppers Broke the Supply Chain.” The story bleated […]
By GianCarlo Canaparo ~ Democrats have proposed partly funding some of their multitrillion-dollar spending plan with a tax on the “unrealized capital gains” of anyone who makes more than $100 million per year or is worth at least $1 billion. That proposed tax is likely unconstitutional. To understand why, we first must understand how such […]
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March 14, 2023 by PA Pundits - International
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