The latest national employment numbers were released on Friday. Expectations were high. A combination of vaccinations, relaxing of pandemic-related economic restrictions, and stimulus funding that passed in March were enough to have experts predicting 1 million new jobs in April. The reality was quite different—just 266,000 new jobs in April, the biggest underperformance in memory, and an unemployment … Continue reading Abysmal Jobs Report Shows Folly of Biden’s Big-Spending Agenda
President Joe Biden has made it pretty clear he idolizes Franklin D. Roosevelt (FDR). A painting of #32 hangs in his office, he frequently invokes the former president in his speeches, and the media often draws comparisons between the two progressives. But as much as Biden seems to draw on FDR’s legacy, his knowledge of … Continue reading If Biden Really Wants to Be FDR, He Should Oppose Public Sector Unions
With little fanfare, President Joe Biden on April 26 signed yet another executive order, this one establishing a White House task force on “Worker Organizing and Empowerment.” Implicit in its title is the leftist core belief that individual workers aren’t smart enough to know what’s good for them, so the government is going to intervene. … Continue reading White House Task Force Is Payoff to Biden’s Union Cronies
An “agitated and animated” Rep. Alexandria Ocasio-Cortez, D-N.Y., began “pointing and screaming” at a female agent during a 2019 visit to a Border Patrol station in El Paso, Texas, according to government documents. “I as a woman of color do not feel safe here,” Ocasio-Cortez told the female agent, according to an official memorandum that … Continue reading Ocasio-Cortez Berated, Falsely Accused Border Patrol Agent, Memos Say
President Biden on Wednesday pitched a new plan to Americans before a joint session of Congress: more spending. The just-released $1.8 trillion plan, presented just weeks after Biden signed a $1.9 trillion in COVID relief spending into law, includes “free” community college as well as universal preschool for all three and four-year-olds. “Mr. Biden could … Continue reading The US Government’s Debt-to-GDP Ratio Is Worse Than Greece’s Before the 2008 Crash (And It’s About to Get Worse)
This article is excerpted from the FEE Daily, a daily email newsletter where FEE Policy Correspondent Brad Polumbo brings you news and analysis on the top free-market economics and policy stories. Click here to sign up. Given the federal government’s unprecedented spending spree and money-printing splurge over the last year, many critics have warned that such fiscal … Continue reading ‘The Costs Are Just Up, Up, Up’: Warren Buffett Issues Grave Warning About Inflation
The independence of the Supreme Court is crucial to preserving the original meaning of the Constitution and preventing a radical transformation of our laws and our country. But with Democrats in control of the White House and slim majorities in the House and Senate, not only are basic rights like the right to life under daily assault, … Continue reading How Court-Packing Power Grab Endangers Rights, Threatens Nation’s Foundations
Last summer, NBC News reported that New York state health officials were stunned by the number of hospitalized patients who said they had contracted COVID-19 while staying at home. The data, collected from 113 hospitals who surveyed patients over a three-day span, suggested more than two-thirds had contracted the virus while staying at home. "Sixty-six … Continue reading New Study Reveals That Stay-at-Home Orders Backfired. Here’s Why
The Internal Revenue Service and the estate of Michael Jackson have been battling over the value of the singer’s assets since he passed more than a decade ago. The Wall Street Journal reports that the Jackson team has won a big victory over the government tax agency on an estate tax case. The battle illustrates the absurdity of broad‐based wealth … Continue reading Fatal Flaw in Estate and Wealth Taxation
This article is excerpted from the FEE Daily, a daily email newsletter where FEE Policy Correspondent Brad Polumbo brings you news and analysis on the top free-market economics and policy stories. Click here to sign up. Calls for conformity throughout the pandemic have echoed one chorus: “Follow the science!” But science is rarely actually a consensus, and … Continue reading Now the CDC Wants to Kill Summer Camp
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