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Economics

  • New Report Shows How Congress Has Screwed Over Young People

    New Report Shows How Congress Has Screwed Over Young People0

    We already knew that the budget deficit will hit a record-breaking $3.3 trillion this year as the federal government continues to run up debt in response to the COVID-19 crisis. Yet a new report from the nonpartisan Congressional Budget Office (CBO) shows that we aren’t just facing a short-term spike in deficits. We’re on an

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  • Why U.S. Wildfires Hit California More Than the Southeast

    Why U.S. Wildfires Hit California More Than the Southeast0

    California wildfires continue to blaze in one of the worst fire seasons in recent memory. While California fires are nothing new, government data show the damage has been substantial. The California Department of Forestry and Fire Protection says that since August 15, when California’s fire activity accelerated, there have been at least 24 fatalities and

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  • Elon Musk Goes Full Tony Stark On ‘Modern Day Robber Baron’ Claim

    Elon Musk Goes Full Tony Stark On ‘Modern Day Robber Baron’ Claim0

    Tesla founder Elon Musk is often compared to Tony Stark, the self-described “genius, billionaire, playboy, philanthropist” who fights bad guys in his high-tech “Iron Man” suit in the Marvel movies, as played by Robert Downey, Jr. It’s no wonder, given that Downey, Jr. partially based his characterization of Stark on Musk. The similarities between Musk

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  • Does Insurance Cover Rioting and Looting Damage?

    Does Insurance Cover Rioting and Looting Damage?0

    Since the death of George Floyd in late May, violent riots and looting have broken out in many major cities, eventually overshadowing peaceful protests and calls for criminal justice reform. From Portland to Chicago to Kenosha, rioters have smashed windows, lit fires, attacked government properties, assaulted people in the streets, and looted storefronts. In Minneapolis

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  • France Rules Out Lockdown Despite Surge in COVID Cases

    France Rules Out Lockdown Despite Surge in COVID Cases0

    The long summer of 2020 just keeps getting longer, but some world leaders are showing a reluctance to keep marching to the drumbeat of the all-consuming war on COVID-19. Public health officials in France last week announced the nation experienced 3,776 new COVID-19 infections on Wednesday, the largest daily total it had seen in three

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  • A Closer Look at the States that Stayed Open

    A Closer Look at the States that Stayed Open0

    I’m sure we all remember that fateful month of March. One after another states began to issue lockdown orders, closing businesses, restricting travel, and ordering people to stay home. That was the month when the United States went from viewing COVID-19 as a minimal threat to issuing some of the most draconian lockdown measures in

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