economy
The Hidden Biotech Stakes of the AI Moratorium Debate
After a resounding 99-1 defeat last summer, efforts to enact an artificial intelligence moratorium are back, this time with a push to force it into the National Defense Authorization Act (NDAA). As Annie Chestnut Tutor notes,…
Thanksgiving Should Worry Today’s Socialists
People are turning to socialism. Two-thirds of Americans ages 18-29 hold a "favorable view" of it. New York just elected a "proud socialist" mayor. My video explains why his ideas would make things worse.…
How We Can Finally Overcome the Affordability Crisis
Disapproval of the state of the economy is widespread today, despite many indicators improving since the start of the year. The reality is that most Americans’ financial situation deteriorated so much under the Joe Biden…
50-Year Mortgages Won’t Fix the Affordability Crisis 50-Year Mortgages Won’t Fix the Affordability Crisis
Bill Pulte, director of the Federal Housing Finance Agency, recently floated the idea of offering people a 50-year mortgage instead of the more conventional 30-year financing option. It sounds attractive at first because…
Good industrial policy doesn’t exist. But Republicans and Democrats keep trying.
American industry has been getting a lot of hands-on direction from Democrats and Republicans for quite some time now. Every few years, someone looks at the underwhelming results of this economic maneuvering and insists that…
Mamdani Says He Will Work With Trump to Help New York
New York City Mayor-elect Zohran Mamdani said that he will meet with President Donald Trump or “anyone” who will help his city address affordability. Mamdani, a Democrat and self-described socialist, spoke about his upcoming…
BLS Report Shows Jobs Went to ‘Native-Born American Citizens’
The United States added 119,000 jobs in September, blowing past expectations following a slowdown in hiring over the summer. The Bureau of Labor and Statistics’ September jobs report, which was delayed by the 43-day federal…
Delayed federal jobs report shows uptick in jobs, mixed wage growth
September jobs report released: Delayed by the government shutdown, people have been awaiting the overdue September jobs report, which was finally released today. Overall, it looks OK: Employers added more jobs than expected…
H-1B Visa Program Taking Jobs From Americans, Experts Warn
America’s H-1B visa program has affected few job markets more than the technology industry. There have been over 500,000 layoffs in the tech industry since 2022 and recent computer science graduates face a greater…
Build More Homes
Young adults need lower housing prices, not longer mortgages. The median age of first-time homebuyers is now 40, according to a recent report from the National Association of Realtors. Among all buyers, the median age was 59.…
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