Good economic news this holiday season
How good is the U.S. economy? So good that even CNN, the monomanically anti-Trump television network, was forced to admit it last week. “As 2019 comes to a close, the US…
Present at the Demolition
Economists at the World Bank and International Monetary Fund must feel pretty lucky these days. They work for just about the only institutions set up in the aftermath of World…
Big Minimum Wage Hikes Harm Those They Are Intended to Help. Make These Reforms Instead.
In 2017, Target announced it would raise its minimum wage to $15 an hour by the end of 2020, drawing praise from labor advocates who have called for other retailers…
Nonpartisan Report: Medicare For All Would More Than Double Your Taxes And Bankrupt The Nation
Democratic candidates for president continue to evade questions on how they will pay for their massive, $32 trillion single-payer health care scheme. But on Monday, the Committee for a Responsible Federal Budget (CRFB)…
Sen. Rand Paul: If socialists can’t find a crisis, they’ll create one
Most socialist governments rise up claiming to be the solution to a widespread economic disaster, such as peasants starving while corrupt leaders wage pointless wars. However, today’s socialists have to overcome…
Best Way To Lower Seniors’ Drug Costs? Reverse Obama Rule-Changes
One of the problems in health care today is that it turns Oscar Wilde’s quip on its head: In the United States, everyone knows the value of health care, but nobody knows…
The Best Economic News No One Wants to Talk About
Stop me if this sounds familiar: For most American workers, real wages have barely budged in decades. Inequality has skyrocketed. The richest workers are making all the money. Earnings for low-income workers…
Tax Backed by 2020 Dems Would Hurt Retirement Accounts, Report Finds
A financial transaction tax, though popular with 2020 Democrats, would raise little revenue and substantially shrink the U.S. economy, a recently released report concludes. A transaction tax takes a percentage…
WITH AN ECONOMY THIS STRONG, NO DEMOCRAT CAN DEFEAT TRUMP—BUT THE TRADE WAR WITH CHINA MIGHT | OPINION
President Donald Trump planned on seeking a second term based largely on the strength of the economy. Unemployment is down to a 50-year low. The Bureau of Labor Statistics reports…
FDR’s Folly: How Roosevelt and His New Deal Prolonged the Great Depression
The Great Depression of the 1930s was by far the greatest economic calamity in U.S. history. In 1931, the year before Franklin Roosevelt was elected president, unemployment in the United…
Senate Republicans Should Chuck Ham-Handed Price Control Proposal
A new proposal under discussion by the Senate Finance Committee is a perfect example of the folly of trying to centrally design the economy — in this case by a…
Why Do Some Local Economies Thrive While Others Struggle? Liberals Won’t Like The Answer
Investor’s Business Daily Americans continue to be on the move. According to North American Moving Services, California and New York were losing residents and had some of the highest rates…
Yes, the economy is thriving and you can thank President Trump
By Andy Puzder • The Morning Call Anyone listening to President Donald Trump and to Democratic presidential hopefuls hears an almost Dickensian tale of two very different Americas. The president…
Sorry, Folks, But Gridlock Is Good For The Economy
Investor’s Business Daily Americans now rank “gridlock” as their top concern when it comes to the economy. We are reluctant to disparage the wisdom of the masses, but in this…
Surprise! Despite Media Trash Talk, Nation’s Mood Brightens
By Investors Business Daily Change: A just-released IBD/TIPP Poll shows big gains in key sentiment indicators. Given the pervasive negativity in the media these days, you might doubt these positive…