Consider a hypothetical scenario. It’s 2030. In 2025, Russia compelled Ukraine to a concessionary peace. Desperate for a boost to their sclerotic economies, European Union members quickly released Russia from sanctions. Emboldened by his victory, Putin has spent the interceding years dreaming of the next steps toward building a new Russian imperium. Watching the United […]
Economist Milton Friedman defined inflation as “too much money chasing after too few goods.” He could have just as easily described President Joe Biden’s economic agenda. For almost four years, Biden’s policies have flooded the marketplace with federal stimulus while squeezing the supply of goods and services through higher taxes and regulations. The result has […]
Following his train wreck of a debate with former President Donald Trump, President Joe Biden sat for what was widely viewed as a “make-or-break” interview with ABC News’s George Stephanopoulos. The 22-minute exchange, recorded on Friday afternoon in Madison, Wisconsin, and aired that night, did not go well. Although it didn’t create quite the stir […]
Two weeks ago, Georgetown University held a symposium about the state of journalism. When asked what the main problem facing the press is, Erik Wemple, a media critic at the Washington Post, came up with a surprisingly compelling and honest answer: Journalists need to learn how to apologize when they make mistakes. Wemple’s comments (which […]
Housing is an election concern that deserves both parties’ attention. Reckless federal spending over the past few years has exacerbated a housing crisis decades in the making. High interest rates aside, the housing market faces a classic demand-supply problem that will not be solved by more cash, but by more construction. One solution to expanding the […]
A fairly reliable rule of thumb in Washington is that bills and regulations rarely live up to their marketing. The Biden administration’s recent regulations promulgated in the name of “consumer protection” prove this perfectly. Perhaps most striking is the Biden administration’s opposition to mergers and acquisitions. This antitrust approach, spearheaded by regulators at both the […]
In December, Japanese steelmaker Nippon Steel offered to pay $15 billion for Pittsburgh-based U.S. Steel. A new report first obtained by the Washington Examiner shows that the deal will revitalize American manufacturing, save jobs, and help our steel industry compete with that of China. Despite these clear benefits, President Joe Biden has said he will block the deal. Here […]
In 2017, Congress passed, and former President Donald Trump signed, the Tax Cuts and Jobs Act into law. The TCJA made several improvements to taxation in the United States. But by no means was it perfect. Most of the individual income tax provisions are scheduled to expire at the end of 2025 and some provisions […]
The Inflation Reduction Act is partisan legislation packed with what could amount to more than one trillion dollars in “green” subsidies meant to centrally plan how Americans produce and use energy. Not a single House or Senate Republican voted for the IRA. And to their credit, House Republicans have passed important legislation this Congress, such […]
Home affordability just hit a 17-year low, which means the dream of homeownership remains unattainable for the average person. Amid a cost-of-living crisis, saving enough for a downpayment and then affording a monthly mortgage payment has become a Sisyphean task — and radical leftist policies are to blame. Adding up the monthly cost of principal […]