Economic Policy News

Here’s my wish list for the incoming Trump administration to make America healthy and prosperous and great again in 2025. 1. Slash Job-Killing Regulations The regulatory state is a $2 trillion tax on the American economy. We all want worker safety, a clean environment, and consumer protections, but in too many cases the costs of…

The Biden-Harris administration sought to redefine a “recession,” and almost every jobs report for the last four years has been revised downward. There is a grand plan to convince Americans that the economy is fine—but are they buying it? If the economy is in good shape, why is our government lying about growth, and why…

Whatever happened to the Democrats’ reputation as the party favoring the working man? Put another way, what happened to the Democrats as the party promising economic redistribution from the rich to the average man? Those are questions that Democrats are asking after Vice President Kamala Harris’ decisive, but not landslide, loss to President-elect Donald Trump….

Vice President Kamala Harris was born and spent most of her life in California, where she was elected to the Senate. It should, therefore, come as no surprise that her proposed policy agenda is aligned with California-style governance. Since the effects that high taxes and heavy regulation have had on the Golden State are clearly…

High inflation could soon make a comeback across the American economy. That’s because a combination of soaring demand for electricity and artificially constricted supply has laid the foundations for steadily increasing electricity prices. Not only do people rely on electricity, but it’s an essential component of all commerce in the economy. As such, a healthy…

The vast majority of America’s meat supply comes from four major companies, leaving little room in the market for smaller farms to compete. JBS Foods, National Beef Packing Co., Tyson Foods, and Cargill combined hold 85% of the market, leading to the closing of thousands of family farms.  “Any time something is consolidated … you’re…

Vice President Kamala Harris gave a speech last week to accompany the release of her 82-page economic planning document. While her words were intended to evoke optimism, the implications of the plan are troubling for America’s future. To begin with, the plan must be placed in context. The Biden-Harris administration has overseen the federal government…

Former Labor Secretary Robert B. Reich now makes videos, like I do. In fact, his channel, Inequality Media, is very much like Stossel TV. He also reaches people via social media platforms, gets millions of views and covers economic topics. Reich, who served in President Bill Clinton’s administration, does almost exactly what I do, except…

Editor’s note: This is a lightly edited transcript of the accompanying video from professor Peter St. Onge. Small-business bankruptcies are up 61% on the year. It is a cackle-nomics miracle. The data comes from bankruptcy analyst Epiq, which reports that commercial filings for Chapter 11 bankruptcies soared to 4,553 so far this year. Meanwhile, total…

The government, for the past year, has overstated joblessness by 818,000 jobs. That revision comes on top of the monthly revisions already made. It is probably not a conspiracy to help Joe Biden and Kamala Harris look good or they would have waited until after the election, not before early voting, to announce the revision….

Learning isn’t necessarily cumulative. Human experience over the centuries provides lessons, some clearer than others. But each generation has to learn lessons anew, and some do not. The lessons about economic growth taught over the long run of history are clear. Growth is not inevitable, and while riches may be accumulated, or appropriated, by the…

Price controls, higher taxes, government intervention, and subsidies paid for by printing a constantly devalued currency. These are the essential pillars of “21st-century socialism” and of the radical left ideology of Peronism that obliterated Argentina. These are also the main elements of the economic plan presented by Kamala Harris and the Democratic Party. Undoubtedly, this…

Our economic leadership often is discussed by way of dollars, but it’s about much more than that. It’s about the well-being of the American people. The economy has one purpose—to organize our labors to produce the goods and services that households need and desire. After all, the root word of economics refers to the household,…