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Biden 2.0 — Be Afraid, Be Very Afraid
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…
That ’70s Show — Is Biden Taking America Back to the Age of Jimmy Carter?
Everything that is happening in our fractured nation today seems so worrisomely reminiscent of America's last lost decade — the 1970s. For those who don't remember, the late 1970s under part-time President Gerald…
Four Radical Reforms to Shrink the Federal Budget
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. It has been a complete and…
Why Small Businesses Hate Bidenomics
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…
Joe Biden on the Economy: I Don’t Feel Your Pain
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."…
Biggest Corporate Welfare Scam of All Time
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. But it isn't Big…
Biden’s OTHER Immigration Calamity
Recent polling shows President Joe Biden's open-border immigration policy is now ranked as the No. 1 or 2 problem facing America — in part because of the havoc in our large cities where the millions of migrants are now…
Wendy’s Won’t Use Dynamic Pricing – But Should They?
"The discount shelf in your lower supermarket is emblematic of the same process as well, albeit in the opposite direction. Variable pricing permits improved resource allocations, including of labor, by responding to…
Why the Meiji Restoration Was Pivotal for Japan
Isolation, feudalism, and military dictatorship governed the Asian nation of Japan from 1603 until 1868. Known as the period of the Tokugawa Shogunate, its dissolution was hastened by the stunning appearance of Commodore…
Breaking down MMT’s Guaranteed Jobs Scheme for Fighting Inflation
For “Ask an Economist” this week, I have a question from John O. about Modern Monetary Theory (MMT). I’ve purposefully avoided MMT in the past for a few reasons. First, because it appears to be under-theorized. In other…
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