Wholesale prices increased at their quickest pace on record in November in the latest sign that the inflation pressures bedeviling the economy are still present. Americans for Limited Government President Richard Manning released the following statement in reaction to the producer price index for final demand increasing 9.6% over the previous 12 months after rising … Continue reading Congress must stop spending now to prevent runaway inflation
Category: Economy
Club for Growth launched a six-figure digital and robocall campaign against Lael Brainard, President Joe Biden’s ultra-liberal nominee for Federal Reserve Vice Chair. The campaign pushes activists to contact members of the Senate Banking Committee and other key Senators and ask them to oppose Brainard’s confirmation. “If confirmed, Lael Brainard would bring her woke agenda … Continue reading Club for Growth Launches Six-Figure Campaign Against Lael Brainard, Biden’s Ultra-Liberal Nominee for Federal Reserve Vice Chair
Sen. John Kennedy (R-La.) this week questioned Federal Reserve Chairman Jerome Powell during a Senate Banking Committee hearing about the rising U.S. debt and urged him not to politicize the U.S. dollar. Key excerpts include: Kennedy: “I have some questions, but first, I have a plea. Above all else—above everything else on your plate—I ask that … Continue reading Kennedy to Powell: How much debt is too much?
The Labor Department released another lackluster employment report, with the U.S. economy adding only 199,000 jobs in December as the unemployment rate fell to 3.9%, from 4.2% in November. This data comes from before the impact of the omicron variant. Moreover, COVID-19 vaccine mandates, massive new federal entitlements in the Build Back Better Act, and other … Continue reading Lack of Workers, Not Jobs, Is Key Problem
The Biden Administration released the jobs report for December 2021, showing the U.S. economy added 199,000 jobs. The number was far short of economists’ expectations of more than 400,000 new jobs last month. CEI Senior Fellow Ryan Young said: “Employment grew in December, though relatively slowly. While the unemployment rate is an ultra-low 3.9 percent, part of … Continue reading December’s Disappointing Job Numbers Show Government Should Loosen Restrictions on Economy
The Ohio Department of Natural Resources (ODNR) turned over a new leaf for the New Year. In response to a major federal Fourth Amendment lawsuit brought by the Institute for Justice (IJ) and Ohio taxidermist and deer processor Jeremy Bennett, ODNR issued a formal directive requiring its wildlife officers to obtain consent or a warrant before searching … Continue reading Small Business Owner’s Suit Leads Ohio to Issue New Order Prohibiting Warrantless Inspections
‘Tis the season to be jolly and for Democrats to be in disarray. While hardworking families and job creators are jolly that Joe Manchin effectively tanked Biden’s “Build Back Broke” agenda for now, Democrat Senate hopefuls are contributing to their party’s widespread disarray. In their races to the Left across the country, Democrat Senate candidates … Continue reading Unhinged Senate Democrat candidates have knives out for Manchin, all-in for “Build Back Broke”
After weeks of having her business shuttered and losing out on income, Debra Gagne can finally reopen her ride-for-hire company. This morning, the Watertown City Council held a special session to grant Debra a license to reopen Need-A-Ride, just in time for the busy holiday season. City officials also said they plan to reform the … Continue reading Victory: South Dakota city agrees to change unconstitutional law and allow taxi operator to reopen
This week the Institute for Justice (IJ) sent a letter to the city of Watertown, South Dakota, calling on officials to end the harmful “certificate of necessity” law for taxis. This law prevents individuals from offering car rides in exchange for cash, unless the city determines the existing public transportation infrastructure is “inadequate.” The City … Continue reading Public Interest Law Firm Calls on South Dakota Town to End Unconstitutional Taxi Law
A new study from the University of Pennsylvania’s Wharton School shows just how hard President Biden’s historic 40-year high inflation is hitting U.S. households, especially middle and low-income Americans. The Penn Wharton Budget Model shows that inflation will cost American households a whopping $3,500 each. Most U.S. households will be forced to allocate at least … Continue reading Inflation from reckless Biden/Trump spending means $3500 in price hikes for families
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