“Where should we eat tomorrow?” my wife asked me excitedly as we sat on our deck Friday evening. She had locked down a babysitter for Saturday night, and we were both eager for our first dinner date alone together in months. “Broders',” I answered without hesitation. Located in southwest Minneapolis, Broders Pasta Bar is a … Continue reading Restaurants Now Adding ‘Equity’ Charges to Fight Oppression
Category: Economy
“Home Prices Soar to Record Heights,” shouts the Wall Street Journal headline. “The median existing‐home sales price in May topped $350,000 for the first time,” the writer notes, citing the National Association of Realtors (NAR) and adding “the figure was nearly 24% higher than a year ago.” Most of the economy was locked down a year ago, of course, so few … Continue reading Inflated News About Home Prices
These politically motivated bills would punish Big Tech—but they would do so largely at the expense of everyday American consumers.
Karl Smith at Bloomberg thinks America should become a nation of renters. Homeownership made sense, he says, when ownership costs were low relative to rent. But now, due to something he calls “financialization,” homeownership is too expensive, and so we should abandon the American dream of high levels of homeownership. It may be self‐serving for them … Continue reading A Nation of Homeowners or Renters?
The laws of economics don’t care about the politics of who is in charge of the federal government at the moment. As politically inconvenient as it may be for some, we just got even more confirmation that profligate federal policy is contributing to rising prices for American consumers.
The US housing market is extremely competitive right now; prices are high and houses are selling fast. When Molly Rodela — who is a wife as well as a mother to two kids — was finally able to find a suitable house for a reasonable price online, she could not spend any time considering the … Continue reading Here’s How Biden Is Making It Even Harder to Buy a Home
employment, instead of temporary employment. Reducing government spending would allow the private sector to thrive.
Under the Biden administration’s leadership, the Securities and Exchange Commission (SEC) has proposed new “woke” corporate disclosure rules. A new form of social-justice-based financial regulation, the federal agency’s rules would mandate that companies track, report, and disclose a wide array of data on issues such as climate change emissions and diversity. This might poll well … Continue reading Biden Administration’s New ‘Woke’ Corporate Disclosure Rules Will Cost Companies Billions, Experts Warn
The Federal Reserve System has come under fire in the last few months for extending itself into areas outside its Congressional “dual mandate” of stabilizing prices and maximizing employment. There are two areas where the Fed is being accused of overreaching. The first area is economic equality. For example, the Federal Reserve Bank of New … Continue reading The Federal Reserve is Embracing Left-Wing Policies—Here’s Why You Shouldn’t Be Surprised
Here’s some good news for the avid drinkers in your life: Some kinds of whiskey are about to get a lot cheaper. On Thursday, the US government agreed to remove the steep tariffs it had placed on Scottish whiskey, Fox Business reports. The levies had raised the cost of this whiskey, Scotland’s main export, by … Continue reading Here’s Why Whiskey is About to Get a Lot Cheaper
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