I’m going to do what the media won’t — talk about Andrew Yang. Despite being “the hottest candidate this side of Elizabeth Warren” right now, Yang was allotted less than 8 minutes of speaking time during last night’s 3-hour Democratic debate, the least of any candidate in the field. This marginalization of Yang follows a […]
Welcome back from Labor Day weekend! I hope it was a great one for all our readers. I was out in Texas for the first time, and as a good conservative, it pains me to be back in the swamp! But, lucky for us, this shortened work week did provide us with some exciting economic […]
Recently, the stock market has been on a wild ride after trade war escalations including the U.S. labeling China a currency manipulator, the announcement of $550 billion in new tariffs, and a confusing tweet ordering U.S. manufacturers to make contingency plans to relocate from China. As Steve Forbes noted on Fox Business, the stock market is […]
Like many institutions in government, the Federal Reserve has dramatically increased in size and scope since its inception. The Fed was originally established to be a lender of last resort, then expanded its charter to a “dual mandate” of maintaining dollar stability and minimizing unemployment through monetary policy, and currently has oversight over banks and […]
In a recent appearance on Fox News, supply-side economist Arthur Laffer was asked to give his assessment of the global economy after a week of market turmoil due to tariffs and currency devaluation from China. Laffer does not view the United States as having an immediate risk of recession, but he warned that the rest […]
The fertility rate in the United States is at an all-time low, according to a National Center for Health Statistics (NCHS) report which came out last week. The agency, which falls under the oversight of the Centers for Disease Control and Prevention (CDC), confirmed that birth rates fell by 2 percent in 2018. Since 2000, […]
As the Democratic candidates prepare for the second round of presidential debates Tuesday and Wednesday night, here are four key candidates whose economic agendas I’ll be watching for: Joe Biden Biden will likely come out swinging after his last debate performance was broadly criticized for appearing overly tired. On economic issues, I am most looking […]
This week we had some interesting economic developments in both monetary policy and regulatory policy. Here is a look at the top stories you should pay attention to: 1) House Democrats vote to raise minimum wage to $15 per hour. Yesterday House Democrats voted almost unanimously in favor of raising the federal minimum wage to […]
As President Trump is finding out this year, House Democrats have been an enormous roadblock to his America First agenda. House Speaker Nancy Pelosi has not only stalled immigration reform and infrastructure talks, she’s also joined the conspiracy choir in hurling insults at the President long after his exoneration from charges of Russian collusion by […]
Today, gold surged to a six-year high following signals from the Federal Reserve that rate cuts could be coming as soon as next month. While some believe that a more dovish Fed would be bullish for economic growth, the recent spike in gold prices offers a more cautionary note. RealClearMarkets editor John Tamny explains: To […]
Recently, Senator Bernie Sanders (I-Vt.) and Representative Alexandria Ocasio-Cortez (D-N.Y.) unveiled a proposal that would cap credit card interest rates at 15 percent. As you probably surmised, enacting a proposal like this into law would be the economic equivalent of bombing the U.S. credit market. Heck, I have a cash-back credit card in my wallet […]
Next week, Donald Trump will award the Presidential Medal of Freedom to “the Godfather of supply-side economics,” Arthur Laffer. Trump’s decision to bestow America’s highest civilian honor on Dr. Laffer is one for enormous celebration, as few have contributed more to American prosperity than he has. Arthur Laffer came to prominence in the 1970s by […]
In a disappointing setback for an administration that has promoted greater economic freedom, reports indicate that Trump’s Department of Justice and Federal Trade Commission are investigating four of America’s most successful businesses for anti-trust violations. The Hill reports: The federal government’s top antitrust enforcers, the Department of Justice and Federal Trade Commission (FTC), have reportedly […]
Stocks were rocked yesterday after China’s People’s Daily newspaper published an editorial warning that China could restrict exports of rare earth minerals if trade tensions continue escalating. This threat spooked markets because rare earth minerals are critical components of everything from smart phones to batteries to defense technologies — and the U.S. is highly reliant […]
This week, Congressman Alex Mooney (R-W.Va.) reintroduced legislation to make a U.S. dollar convertible into a fixed weight of gold. Much in the spirit of Jack Kemp’s Gold Standard Act of 1984, the bill restores integrity to American wages by re-committing the federal government to the promise that Richard Nixon broke in announcing the closing […]
The U.S. economy showed surprising strength in the first quarter of 2019, with initial estimates of GDP growth coming in at a solid 3.2 percent, and more significantly, year-over-year productivity growth hit 2.4 percent — the highest reading since 2010. National Economic Council Director Larry Kudlow summed it up best when he said the latest […]
This week, President Trump’s Fed nominee Stephen Moore fought back against the left-wing smear campaign targeting him, and received support when National Economic Council Director Larry Kudlow reaffirmed the Trump administration’s commitment stating “We continue to back Stephen Moore.” While liberals and their media allies continue to re-litigate his divorce filings and comb through his […]
In celebration of Easter, I interrupt your regularly scheduled economic reporting with something a little more lighthearted. If your family dinner table is set to contain as much political sparring as mine, feel free to share the following with your relatives. Here are 3 memes that perfectly summarize Democrats’ 2020 economic agenda: 1.) Why are […]
Over the past three decades, there has arguably been no greater public champion of free market economics than Stephen Moore. Therefore, it’s no surprise that the Left lost its collective mind over Trump’s nomination of Moore to the Federal Reserve Board of Governors. But rather than oppose Stephen Moore due to his views on the […]
Recently, two new commissioners were sworn in to the Surface Transportation Board (STB) tasked with regulating America’s railroads. While the filling of these vacancies may not have received much attention, the decisions rendered by this commission could play a major role in strengthening — or de-railing — President Trump’s successful efforts to roll back regulations. […]