Regulatory capture is milking the baby formula market
by Dominic Green The great baby milk drought of 2022 is a man-made disaster, a perfect storm of regulatory and policy failure. There is, however, a simple formula for restoring…
Cleaner Air Leads to More Atlantic Hurricanes, NOAA Study Finds
By Bill Pan A new study suggests that the successful efforts in North America and Europe to reduce air pollution have led to an unintended consequence—more hurricanes. The “surprising result”…
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Biden admin cancels massive oil and gas lease sale amid record-high gas prices
By Tyler O’Neil The Biden administration canceled one of the most high-profile oil and gas lease sales pending before the Department of the Interior Wednesday, as Americans face record-high prices…
Inflation ticked down to 8.3% annual rate in April, still more than expected and at 40 year highs
by Zachary Halaschak, Economics Reporter Inflation slowed slightly to 8.3% for the 12 months ending in April, according to the consumer price index, the first decline in eight months but…
GAO warns of ‘unsustainable fiscal future,’ debt reaching over 200% GDP
by Paul Bedard, Washington Secrets Columnist While rocketing inflation, cratering stocks, and persistent supply chain woes have the administration and public focused on the day-to-day economic crisis, the nation’s auditor…
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A Recession Is on the Horizon
By Milton Ezrati Commentary The recent disappointing report on the gross domestic product (GDP) may reflect statistical particulars more than the immediate onset of a recession. But the real thing…
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Biden canceling student debt would make inflation worse, experts warn
By Houston Keene The inflation crisis in the U.S. will only worsen if President Biden cancels large swaths of student debt, experts warn. Maya MacGuineas, president of the Committee for…
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Midterm elections: Immigration, Title 42 leave Democrats in ‘bad shape,’ campaign experts say
By Marisa Schultz An already tough midterm year for Democrats is poised to get rougher when the Biden administration rescinds Title 42 next month, a move experts warn could lead…
White House earmarks $790 million to groups with ties to senior Biden officials
By Andrew Kerr Two foreign nonprofit groups with close ties to high-ranking Biden administration officials are poised to receive a combined $790 million from the president’s fiscal year 2023 budget,…
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Should the Biden administration be lowering gas prices?
Ognjen Š. Miljanić, opinion contributor The Biden administration announced plans on Thursday to release 180 million barrels of oil from the Strategic Petroleum Reserve (SPR) during the next six months,…
Inflation will cost the average US household $5,200 more in 2022: Report
by Heather Hamilton Economists have now given rising inflation a suggested dollar amount for 2022 budgets. When comparing the cost of goods and services in 2021 to expected costs this…
San Francisco Fed Blames Inflation on Biden Admin. Spending
By Jack Gournell The San Francisco Federal Reserve on Monday issued a study suggesting that government spending bills passed during the Biden administration are contributing to current inflation. “Fiscal support…