Analysis - Page 421

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Europe is Experiencing a MASSIVE New Migrant Crisis Which No One Seems to be Acknowledging.

In 2022 around 330,000 people crossed into Europe illegally, according to Frontex, the European Union’s border agency – the largest number since the Migrant Crisis of 2015-16 and a 64 percent increase on 2021. The figures do not include the 13 million refugees who fled Ukraine and entered the EU due to the conflict with Russia, ten million of whom have subsequently returned home. This is the second year running with a steep increase in the number of migrants crossing into Europe, after a significant lull during the first year of the coronavirus pandemic, with most of them now entering

NELLES: Another Biden-Era Recession Looms in 2023. The Question Is: ‘How Long, and How Painful?’

Low unemployment, moderating inflation, a teetering housing market, and unprecedented household debt all combine to drive economists to tarot cards, animal sacrifice, and Ouija boards to make their next predictions. Deconstructing and reconstructing the issues help gain an understanding of where the economy will go in 2023. Unemployment. Per the Bureau of Labor Statistics, the unemployment rate fell to 3.5 percent in December 2022 – almost full employment.  The layoffs are starting, however, driven by tech companies. Alphabet (Google), Microsoft, Amazon, Salesforce, and Vimeo have announced a combined layoff of nearly 50,000 employees. Strong unemployment numbers drove television pundits to

The New Problem with Governors’ Girlfriends

New York’s Governor Andrew Cuomo isn’t the only governor with a girlfriend problem. Oregon’s Democratic Governor John Kitzhaber is in hot water for the fact that his girlfriend cum fiancée cum “first lady” has been using their personal relationship to make money, as Washington Post’s Wonkblog noted. The liberal Oregonian is calling on him to resign. Not, of course, for the bad example to the children which we now take for granted but at least for the affront to good government and taxpayers, bless ‘em: “To recite every reported instance in which Hayes, ostensibly under Kitzhaber’s watchful eye, has used

Taking on the Real Marriage Inequality

The Democrats like to talk about every kind of inequality, except the most devastating: marriage inequality. No I am not talking about the fact that non-marital unions aren’t treated as marriages (whether it is same-sex unions, or the latest progressive complaint over “singlism”). The most important marriage inequality in America is that 42 percent of children are growing up apart from their own mom and dad joined by marriage, according to the Census data (Current Population Survey) analyzed by respected family scholar Nicholas Zill. Of course the half-full good news in that is marriage is showing persistent and surprising strength: overall almost 6 in

On Common Core, Bobby Jindal Leads

The following is adapted from APP Chairman Sean Fieler’s introduction of Gov. Bobby Jindal at the American Principles Project gala on Feb. 5 in Washington D.C. To the parents from all over the country, from Maryland, New York, Ohio, Louisiana and Indiana that have joined us here today:  you are the reason that we are winning.  And, not just winning, but winning on principle. And not just any principle, but the principle of human dignity. For we understand what America’s founders so clearly understood: that we are endowed with rights and dignity not from the state but from our Creator.  If

Elizabeth Warren’s Faux Populism

Elizabeth Warren wants to incarcerate banking executives.  She wants to insure former Wall Street executives don’t attain high government positions (recently claiming the scalp of Antonio Weiss).  Most of all she wants to prevent the repeal of any part of the Dodd-Frank regulatory monstrosity. Senator Warren is correctly discerning the public’s economic discontent:  survey show large majorities of all parties believe the current economy favors the already-rich over the middle class, and even a majority of Democrats believe the economic policies of the U.S government are rigged against hard working middle class families. Senator Warren’s indignation is meant to pander

Fed Reserve Empire Strikes Back at Rand Paul

In an orchestrated orgy of protests, Fed governors and regional bank presidents have roasted Sen. Rand Paul and his co-sponsors for reintroducing a bill mandating an audit of the Fed. Loretta Mester, president of the Cleveland Fed, wants us to know that such a thought is “misguided.” Why? “They really are about allowing political considerations to influence monetary policy decisions,” she said in a speech in Columbus. “This would be a tremendous mistake, because it would ultimately lead to poorer economic performance.” What performance? Presumably the Fed wants a pat on the back for the zero-interest-rate policy of the last

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