Category Archives: Economy

December 12, 2023

Why Biden’s Good Economic News Hasn’t Helped Him Politically —…

Americans’ negative views about President Joe Biden’s stewardship of the economy may be the biggest challenge to his reelection. Despite…Continue reading

June 15, 2023

More Encouraging News on Inflation Means the Fed Should Pause…

The Biden administration has pulled off a remarkable two-step—at once, beating inflation while expanding employment. In both cases, policy decisions…Continue reading

May 2, 2023

The Debt Ceiling, Austerity, and the Economic Challenges Haunting President…

The latest reports on real growth and personal incomes issued last week by the Bureau of Economic Analysis (BEA) include…Continue reading

February 2, 2023

Inflation Reality Check: Don‘t Blame Wages and Salaries

Yes, economics can be complicated, and economic reporters work under tight deadlines.  That’s no excuse for the media meme that…Continue reading

October 20, 2022

C’mon, Democrats, Tout Your Economic Record: It’s a Very Good…

Drawing on the fact-free politics of Donald Trump, Republicans are selling the meme that Americans are much worse off economically…Continue reading

July 21, 2022

The Case for Bill Clinton’s Economic Record

How do you argue with success?  One answer is, become a Democrat. Joe Biden learned this lesson recently when many…Continue reading

June 23, 2022

A Recession is Not Looming

The media’s view of the economy has turned dark.  The Washington Post cautions its readers on “How to recession-proof your…Continue reading

May 11, 2022

The Truth About Today’s Inflation

The conventional wisdom about inflation needs a course correction.  Here's why: The Bureau of Labor Statistics reports that the wages…Continue reading

April 5, 2022

A Case Study of the Costs of Rate Reregulation: America’s…

The railroad industry can give us some singular insights into the conditions, costs and benefits of economic regulation, and today’s…Continue reading

February 23, 2022

Conventional Wisdom is Wrong: Americans Are Better Off Even AFTER…

According to conventional wisdom, inflation has left most Americans poorer. It’s an odd view, given that the number of people…Continue reading