BEIJING — China’s economic rebound from the coronavirus pandemic is stalling as President Xi Jinping’s government cracks down on surging corporate debt. For a decade, the ruling Communist Party has talked about shifting to economy […]
WASHINGTON, D.C. — The Treasury Department has unveiled plans to borrow $673 billion in the current quarter while employing emergency measures to keep the government from an unprecedented default on the national debt. Treasury Secretary […]
I have never bought the conspiracy theories that COVID-19 was a diabolical political plot to undermine the country. But what is apparent with each passing week is that the virus has been the springboard for […]
Despite its liberal tendencies, The Washington Post editorial board once acknowledged that in a democracy, “everyone can’t be entitled to everyone else’s money.” Well, it may have had that wrong, because President Joe Biden is […]
I have seen a lot of gargantuan spending bills go through Congress in the form of budget reconciliation or omnibus appropriations at the end of a contentious session. I don’t think I have ever seen […]
In the midst of the worst recession since the Great Depression, some North Carolina legislators are proposing to make illegal a critical tool that more than 25,000 North Carolinians are using today to help manage […]
Milton Friedman and John Maynard Keynes must be having some very interesting conversations in the afterlife about economic policy in America, wherever they may be. Nothing catastrophically bad happened in America since 1982, such as […]
We have never witnessed a voluntary world-wide shut-down of modern civilization, as has taken place with the Covid-19 pandemic. While the economic damage will be devastatingly clear, other consequences will be less obvious at first. […]
Along with illegal immigration, runaway government spending is a very real national emergency. The federal debt has soared from $16 trillion to $22 trillion in the past five years. It took us more than 200 […]
Winston Churchill once recalled that, as a young boy, his parents took him to Barnum’s Circus where the sideshow headlined “The World-Famous Boneless Wonder.” The wonder was a giant slab of a man with no […]
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