Among the great mythologies of recent years, one stands out above the rest, is that the world is in a "great energy transition." Actually, the world IS in a dramatic energy transition. But it isn't the one the Left wants it to be.
President Joe Biden talked incessantly about his "from the middle class out" economic strategy. Given his record, it would have been more accurate to call it the "middle class down and out" plan. Inflation has eroded away any income gains under Biden's presidency.
It's clear why President Joe Biden desperately wants to bring down housing prices and rent. With mortgage interest rates double what they were when former President Donald Trump took office, mortgage payments have roughly doubled since 2020, and rents are up in many cities by more than 30%.
President Joe Biden's time in the White House is mercifully coming to an end. He's now officially a lame duck with six months to go.
The latest official employment report finds once again that the federal government and state-local hiring spree is still in full gear. Over the past year, health care and government hiring has outpaced every private sector industry. It isn't just the IRS bringing on thousands of new workers. The bloat is everywhere.
Enjoy your cheeseburgers and steaks when you fire up the grill this Fourth of July weekend, because they may not be available much longer.
Things aren't going well at all for the global warming crusaders. Despite hundreds of billions of tax dollars spent on green energy over the past decade, the world and America used more fossil fuels than ever before in history last year.
School's out for the summer, so now it is time to examine the state of our education system.
Politicians in Washington have very short memories, so they repeat the same mistakes over and over.
The Biden administration has spent tens of billions of dollars on green energy, yet last year the U.S. and the world used record amounts of fossil fuels.
No issue defines the diametrically opposite economic philosophies of Joe Biden and Donald Trump than their position on the Trump tax cuts.
Trump wants to make those tax cuts permanent; Biden has repeatedly promised to tax America back to prosperity by repealing the Tax Cuts and Jobs Act. But there are so many factual errors swirling around regarding the Trump tax cuts that it's a wonder that the "truth screeners" on the internet haven't flagged this all as "disinformation."
Could a second Biden term be more injurious to the economy than his first term? It seems unimaginable given the first three years gave us 20% inflation, a $2,000 loss in average real incomes for the middle class, 6 million added illegal immigrants, a war on American energy that has caused gas prices to rise by more than 40% to $3.64 a gallon, the collapse of our many major cities, another $6 trillion added to the national debt, the unaffordability of new homes, and the chaos on college campuses.
Everything that is happening in our fractured nation today seems so worrisomely reminiscent of America's last lost decade -- the 1970s.
It was nearly 50 years ago that a liberal Congress completely dominated by Democrat big spenders passed a new set of budget rules -- the Congressional Budget and Impoundment Control Act of 1974.
If the economy is so good, why do small business leaders feel so bad?
The latest Small Business Optimism Index from the National Federation of Independent Business could hardly be more depressing. It finds that the men and women who run our 33 million small businesses and hire more than half of American workers are in a somber mood. The survey finds that small-business confidence has reached its lowest point in 12 years.
In 1992, Democratic presidential nominee Bill Clinton famously answered a voter question about how the national debt affected him personally. Clinton's response was often paraphrased as, "I feel your pain."
President Joe Biden keeps lecturing corporate America to "pay your fair share" of taxes. It turns out he's right that some companies really are getting away scot-free from paying taxes.
The Biden administration has announced in recent weeks new stringent emissions requirements for virtually the entire American transportation system.
The Biden administration regulators see a monopoly boogeyman behind the curtain of nearly every business merger and acquisition -- from airlines to cellphones to chicken producers.
I am often asked if President Joe Biden is intentionally trying to dismantle the American economy with his imbecilic energy, climate change, crime, border, inflation and debt policies. But I've always believed these policies are driven by a badly mistaken ideology -- not malice.
