If lawmakers keep spending like they are, and if the Fed backs down from taming inflation, then the government may create a perfect storm.
If the midterms favor Republicans, their top priority needs to be the fight against inflation—whether or not they feel like they created the problem.
This fiscal irresponsibility throws gasoline on the country's already raging inflation fire.
"The fact-checking industry has become a partisan arbiter of political disputes," notes Phil Magness.
Most Americans believe so.
The economy is spinning, but we’ve proven there are viable ways to slow it down to more bearable levels.
Plus: Libertarian Party drama, how rent control hurts renters, and more...
The danger of the virus can’t be considered to the exclusion of the need for jobs and prosperity.
The Golden State has the highest gas tax in the nation, and one of its worst-performing highway systems.
Even after government had imposed an almost unfathomable level of intervention on the economy, the markets are chugging along much better than expected.
Top-down, one-size-fits-few mandates are recipes for conflict.
It may be a statement about the decline of the dollar, but the best-case explanation of the resilient stock market is that it is sending us a positive message about a rapid recovery of both public health and corporate profits.
Plus: tax revolts, Mrs. America, sex-worker comedy, reopening poll, and more...
Plus: The feds are still targeting Juul, Call of Duty wins First Amendment lawsuit, and more...
That's a huge concern as forecasters expect the U.S. unemployment rate in the months to come to surpass that seen during the depths of the Great Depression.
The details are reeeaaaaaally sketchy, but here's what we know now.
Plus: Fashion versus the police state, a truce in the Kansas-Missouri border war, and more....
Plus: Lucy Steigerwald explains libertarianism to New Republic readers, Donald Trump and Al Sharpton trade Twitter barbs, nutrition science is imploding, and more...
Texas Tech University's Robert Murphy vs. Cato's George Selgin at the Soho Forum
President Obama may try to spike the football only to realize he's in his own endzone.
Expect even more red ink and massive deficits during our next recession.
"What the voters want is snake oil. They want something that makes them feels good"
The last economic contraction was during the first quarter of 2011.
They voted for this disaster, twice
Half of lost wealth unrecovered