Economics

When covering the political persistence of “Bidenflation,” I’ve noted that economists keep wondering why opinion polls continue to show the American people are sour on an economy that continues to create jobs. Ultimately, the question in…

Here is our president today: Donald Trump was very proud of his $2 trillion tax cut that overwhelmingly benefited the wealthy and biggest corporations and exploded the federal debt.That tax cut is going to expire. If I’m reelected, it’s…

Economists sounded surprised recently when inflation remained above expectations for the third straight month, likely keeping interest rates elevated for the foreseeable future. If they looked in Washington’s direction, they shouldn’t be.…

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…