economy
Iran War Increases Oil Prices, Trump Vows Return to ‘Record Lows’
Global oil prices are on the rise in response to Operation Epic Fury, the U.S. military’s large-scale operation against Iran. While the rising energy prices could harm the American economy, conservatives are trusting…
Weak jobs report lands as U.S. spends $2 billion a day on war with Iran
The February jobs report, released Friday, shows the economy faring worse than expected. The bad news comes as the government spends unfathomable amounts of money to wage war on Iran. "Total nonfarm payroll employment…
Mixed jobs report for February
For good reason, the headlines around the newest jobs report are uniformly negative. From the New York Post, US lost 92,000 jobs in February in surprisingly weak report. Zerohedge reports that the expectation was for a job…
The tax loophole that made U.S. health care unaffordable
America's health care system consistently ranks as the most expensive in the developed world. It's not, as some politicians claim, expensive because markets have failed. It's expensive because the market has…
Small businesses still waiting for refunds after SCOTUS strikes down Trump tariffs
After being charged billions of dollars under President Donald Trump's unlawful tariff scheme, American business owners are now facing the prospect of a lengthy, costly process to obtain refunds—payments that some expect…
A Radical Plan to Save Detroit
Detroit has become the poster child of American decline and for good reason: No city in what is now known as the Rust Belt experienced such soaring highs and such abysmal lows. In the 1950s, Detroit was the wealthiest city in…
Gavin Newsom’s Toddler Tax Will Raid Kids’ Trump Accounts
The California Franchise Tax Board announced that it will refuse to treat newly created Trump Accounts as tax-deferred accounts for state tax purposes. In doing so, California is purposefully making it difficult for families…
How the Heartland Is Reacting to Trump’s State of the Union
President Donald Trump’s State of the Union address sent shockwaves across Capitol Hill this week as he outlined an aggressive legislative agenda for Republicans in Congress. In Ohio—a state that encapsulates the MAGA shift…
Trump can’t fix the federal budget by cracking down on fraud
With a few days' perspective on the State of the Union address, which grows ever closer in spirit and content to outtakes from the prophetic 2006 comedy Idiocracy, it's worth revisiting one of Milton Friedman's…
In Texas, Vanguard settles Antitrust Suit for $29.5 Million
Feb 26 (Reuters) — Vanguard Group will pay $29.5 million and bolster its passive investing approach in order to settle a suit by 13 Republican state attorneys general claiming the fund manager and rivals violated antitrust…
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