For three consecutive months, the Consumer Price Index has revealed above-average annual inflation rates not seen since 2008. Understandably, Americans are nervous. Prices are rising and the Federal Reserve was caught by surprise. Many of the same public officials who have, for years, insisted that inflation should be higher are now scrambling to assure Americans
As the country emerges from the lingering pandemic, the U.S. economy is rebounding and revved-up for a 2021 boom. Texas and Mississippi are among states to recently lift business restrictions broadly—a trend others will likely follow in the weeks and months ahead. Unshackling businesses and giving consumers the thumbs-up to resume usual commerce will unleash
Our country possibly needs an Ernest Hollings or a Bill Proxmire, legendary senators who battled overspending. That’s because the idea of the big-spending federal government, an apparently bi-partisan Keynesian idea that huge government spending always creates prosperity, is hugely popular. Congress and the Biden administration are pushing a new nearly $2 trillion stimulus spending package.
Support for Biden’s $1.9 trillion coronavirus relief package may not be as broad as it seems – it’s all a matter of perspective
Government spending bills that cost billions or trillions of dollars can seem abstract. Siri Stafford/DigitalVision via Getty Images Aaron Saiewitz, University of Nevada, Las Vegas and M. David Piercey, University of Massachusetts Amherst CC BY-NC-ND Congress is on the verge of spending US$1.9 trillion to provide additional coronavirus relief to Americans, including $1,400 direct payments
Each year, Senator Rand Paul puts together a report on the wasted spending in the Federal government. This year’s edition (2020) highlights $54,746,524,505.37 of totally wasted money. The Top Ten of 2020: Despite spending 15 years and billions of dollars, American counternarcotics efforts in Afghanistan are ineffective (Foreign Aid). The Fish and Wildlife Service is
There was a meme that was forwarded around social media toward the beginning of the of stay-at-home orders. The purpose was to communicate that we are not just attempting to work from home, but attempting to manage our careers during a global pandemic. I am a working mom of two young children who need hours