Biden Hasn’t Fixed The Port Crisis — Ships Are Just Being Counted Differently
Changing the way waiting ships are counted while continuing to kowtow to organized labor will not ease port congestion.
Economy
The Meaning of the Market
A review of There’s No Free Lunch: 250 Economic Truths, by David L. Bahnsen.
Inflation: Birthing Pains or Chronic Pain?
We could get a new economy or a ’70s redux, depending.
Fed Chairman: ‘Transitory’ No Longer Reflects Inflation Reality
Powell said the Fed is considering tapering off its large-scale asset purchasing program earlier than previously indicated.
Majority of Voters Blame Biden for Surging Inflation
Consumer prices rose 6.2 percent in October 2021 compared with the same month in 2020, the highest increase since November 1990.
The Fed: Jay Stays
Biden’s nominating Jerome Powell for another term as Fed chairman was the correct decision to make.
No, We Don’t Actually Need to Be More Like Europe
There are many lessons to be learned from our supply-chain crisis, but that isn’t one of them.
Biden Economic Adviser Defends Comments Downplaying Inflation
With inflation at a 31-year high, according to the Labor Department, Biden’s economic adviser Brian Deese says what the country needs is more spending.
New Poll: 59 Percent of Americans ‘Concerned’ Biden Will Do Too Much to Increase Role of Government
It’s a significant increase from when the question was asked in April, when 53 percent said they were concerned.
This Inflation Doesn’t Even Help Borrowers
Our inflation appears to be mainly caused by supply-chain disruptions of various kinds. And that means it’s nearly pure loss.