Headlines
New Data: Governent Shutdown Costing Democrats Heavily with Black, Working-Class, and Young Voters
By Manzanita Miller With the Senate adjourning Thursday afternoon with no resolution on the extended government-shutdown, Democrats are digging a hole they may not be able to climb out of. Congressional Democrats holding the…
Fed Cuts Rates for Second Straight Meeting
On Wednesday, the Federal Reserve lowered its federal funds target range by 25 basis points, to 3.75–4.0 percent, its second cut in as many meetings. The move came as no surprise to markets, which had largely anticipated…
AI is driving up your power bill, Illinois can fix it by lifting its nuclear ban
Electricity prices are climbing, supply is tightening and residents are paying the price. Now, Illinois lawmakers are considering a sprawling 800-page energy bill, SB 25, that aims to lift the nuclear moratorium. However, the…
One Vote Away: The Balanced-Budget Amendment That Almost Passed
Thirty years ago, Congress failed by just one vote to send to the states a constitutional amendment requiring a balanced budget. Today, federal debt held by the public stands at $29 trillion. As a percentage of the economy,…
Electricity Prices are the New Inflation Flashpoint
Electricity prices have moved from the background of daily life to the front lines of politics. What was once a quiet household expense is now a visible burden and a potent symbol of policy failure. Prices are rising not…
Oil Prices Tumble As Competition Revives Supply
When a sharply lower price per gallon pops up at local gasoline pumps, it can induce a momentary cognitive dissonance. I mean, where is inflation? During the first 10 months of President Donald Trump’s second term, the price…
Fed Rate Cuts Usually Come Closer To A Recession As Fed Eases Citing Labor Market Concerns Without Jobs Data Amid Shutdown
By Robert Romano The U.S. Federal Reserve on Oct. 29 once again voted to cut the federal funds rate — from a range of 4.25 percent to 4 percent, to a range of 3.75 percent to 4 percent — as the central bank cited ongoing…
Hurricane Melissa perspective
It’s a dirty job, but someone has to do it. I waited till Melissa was over, so the noise that was flooding the media diminished, and we can add perspective Was Melissa a surprise? Yes and no. The yes part to me is that IT DID…
Frankenstein’s Money Press: How Washington Unleashed the Modern Monetary Monster
Once upon a midnight dreary, while I pondered, weak and weary,Over many a quaint and curious chart of fiscal lore — While I nodded, nearly napping, suddenly there came a tapping,As of markets softly rapping, rapping at my…
Digital ID and the Return of Big Brother Britain
Fresh out of university and looking for a career in public policy, I interviewed for a job in the Conservative Research Department of the British Conservative Party. At the time, Margaret Thatcher, the Prime Minister, was…
