Economics

Biden Administration Illegally Sells Oil to China, Depleting Strategic Petroleum Reserve 11
- Economics, Politics
- July 8, 2022
The Biden administration sold a million barrels of oil from the Strategic Petroleum Reserve to a China-owned gas giant. This is bad for national security, because it enables China to build a stockpile to use during a future war against America’s ally Taiwan. It leaves the U.S. with even less oil to cope with a
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The Inflation Cure 1
- Economics, Culture, Politics
- June 22, 2022
If you think runaway inflation is brutal, wait until you get hit by the cure. Last week, the Federal Reserve raised the interest rate on money it lends to other banks by .75 percent, the biggest hike in three decades. Fed Chair Jerome Powell said the hike is necessary to rein in skyrocketing inflation. He’s
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Higher Gas Prices Ahead 3
- Economics, Politics
- June 15, 2022
If you think gas prices are high now, just wait. They’re going to get much higher, thanks to President Joe Biden’s “irreversible” plan to eliminate fossil fuels. Truth is, your pain at the pump is being planned and executed by the White House. Over the weekend, buyers paid $5 a gallon to fill the tank—or
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Yes, the Products You’re Buying Are Getting Smaller—Even Though Prices Are Not 2
- Economics, Politics, Uncategorized
- June 9, 2022
The rise in consumer prices has rightly received a great deal of attention, as inflation hovers around 40-year highs. Everyone can see that virtually everything is getting more expensive, but fewer have noticed that many items are also getting smaller. On Wednesday the Associated Press ran an article under the headline “No, you’re not imagining it — package
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Remote Work Needs to End 11
- Culture, Economics, Politics, Western Civilization
- June 8, 2022
America needs to go back to work. Elon Musk ordered Tesla employees back to the office full time last week. Tesla will “create and actually manufacture the most exciting and meaningful products of any company on Earth,” Musk said. “This will not happen by phoning it in.” Bravo to Musk for rebuffing the fairy tale
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Down on the Farm With Inflation 2
- Economics, Culture, Politics
- June 7, 2022
“Pretend farmers.” That’s what we’re called by our neighbors who farm for a living. Having retired to a 10-acre chunk of Southern Minnesota farmland, my husband and I don’t depend on our miniature-scale operation to support us. Instead, our efforts are aimed at keeping family and friends in eggs and lamb chops. And this week,
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