government spending

Ben Shapiro

Opinion: Joe Biden’s Economy Is a Disaster – Ben Shapiro

This week, the stock market took a turn into bear territory on the heels of yet another brutal monthly inflation report. With the Federal Reserve considering larger rate hikes in order to tamp down record inflation, the possibility of a near-term recession now looms quite large, despite the feeble protestations of Treasury Secretary Janet Yellen.

Economy

AP FACT CHECK: Biden skirts blame on inflation; GOP gas hype

Facing political attacks over rising costs, President Joe Biden exaggerated his role in reducing the federal deficit and skirted responsibility by asserting that a flood of government spending into the economy has no impact at all on higher prices. It actually does. Congressional Republicans, meanwhile, went too far in pinning blame for surging gasoline prices

Opinion

Opinion: Don’t Be Distracted: Fiscal Policy Drives Our Inflation Surge – Inside Sources

On Thursday, new consumer price index data was released and reached its sharpest year-over-year spike in four decades. Between domestic pressures and world events, the problem isn’t going away anytime soon. Yet, astonishingly, policymakers and economists still cannot reach a consensus on the drivers of this particular inflation. While various factors are at play, one is U.S. fiscal policy. In a

Ukraine Invasion

Senate gives final approval to Ukraine aid, huge budget bill

A $13.6 billion emergency package of military and humanitarian aid for besieged Ukraine and its European allies easily won final congressional approval, hitching a ride on a government-wide spending bill that’s five months late but loaded with political prizes for both parties. With Russian President Vladimir Putin’s invasion killing thousands and forcing over 2 million

John Stossel

Opinion: Lessons from Venezuela

Democrats say President Joe Biden won “a strong mandate.” His government can do all sorts of good things! I don’t believe he has a mandate, but thanks to the selfishness of former President Donald Trump, Democrats control Congress, and that may give them power to shove their worst ideas down our throats. Those include: No.

Opinion

Opinion: Inflation Fears are Justified, But There’s No Reason to Panic (Yet)

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

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