Economics

After the economy created a higher-than-expected number of jobs in March, analysts continued asking a persistent question: Why do Americans remain so sour about the nation’s economy? Several days later, the release of inflation numbers that…

President Joe Biden’s Energy Department canceled its plan to purchase millions of barrels of oil to refill the U.S. Strategic Petroleum Reserve (SPR). The cancellation means the Biden administration is unlikely to fulfill its…

Just before Easter, the Biden administration announced it had finalized a proposal it claimed would “protect consumers from being scammed into purchasing lower quality insurance, or ‘junk insurance.’” The finalized rule will prevent…

You wouldn’t know it from White House press releases, but Americans are paying roughly 45 percent more at the pump now than before President Joe Biden first took office. Anyone looking to take a quick weekend getaway or spring break outing…

Treasury Secretary Janet Yellen told Fox Business Network this week that she regrets using the word “transitory” to describe the post-Covid pandemic inflation, framing it as a good-faith prediction gone wrong. This is revisionist…

If you think our current fiscal situation, with $2 trillion deficits, looks bleak, the recent Congressional Budget Office (CBO) outlook for the years ahead has news for you: You ain’t seen nothing yet. As it has for many years, the document…

Spare some crocodile tears for Sen. Elizabeth Warren. She finally discovered one of the basic principles of economics — in an election year and at a time when said principles are proving politically inconvenient to her and her Democratic…

During his time in the Obama administration, then-Vice President Biden once infamously proclaimed that we had to “spend money to keep from going bankrupt.” When he became president, he kept his word — at least when it comes to spending. In…

The Washington Post wants voters to believe that grocery stores, not President Joe Biden’s inflationary policies, are to blame for Americans’ continued concern about rising food prices. For three years, the propaganda press joined the…

An “introvert economy” has come to define America’s post-lockdown culture, according to the Manhattan Institute’s Allison Schrager in Bloomberg Opinion. “The time at home made Americans less fun,” Schrager reported Monday. “In general…