Economy

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  • opinion

    Labor Unions Kill Jobs

    Progressives love unions. Not only do unions protect workers, they say, unions gave us the weekend and the middle class. I say, capitalism created the middle class. Employers, competing for better workers, gave us the weekend. But whatever you think about capitalism, few people question the claim that unions help workers. But I will. It’s…
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  • opinion

    A Course Correction on Antitrust Policy

    The Department of Justice under President Donald Trump recently took a long-overdue step toward restoring sanity to U.S. antitrust policy. Right before Independence Day, the DOJ backed away from an overreaching and misguided challenge to Hewlett Packard Enterprise’s acquisition of Juniper Networks. This reversal undoes the damage done by an interim antitrust official who signed the department…
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  • news

    Cryptocurrency Legislation Gains Momentum in Hill Negotiations

    Crypto is taking over Capitol Hill. President Donald Trump has repeatedly underlined a friendly regulatory regime for cryptocurrency as a legislative priority, and his administration’s preferred deadline for Congress to act is fast approaching. Early on in Trump’s second term, the administration set the August recess as a deadline for Congress to standardize regulations for…
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  • news

    Economist Skeptical of California’s Modest Energy Policy Reforms

    California public officials’ attempts to address the state’s cost of living crisis are not going to provide much relief, a Golden State economist warns. California Energy Commission Vice Chairman Siva Gunda recently outlined a proposal to temporarily remove a cap on profits of oil refineries that had taken effect under Gov. Gavin Newsom, a Democrat,…
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  • news

    Trump Trade Team Extends Deadline on Tariff Deals

    As President Donald Trump’s trade team works to sign new trade deals with foreign countries, the White House is giving trading partners an extended deadline to sign deals before being hit with the heavy tariffs the president introduced in April. The administration had previously set a deadline of June 9 for nations to come to…
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  • news

    House Speaker Reveals One Big Beautiful Bill Act is First of Three Reconciliation Bills

    While the One Big Beautiful Bill Act passed after a lengthy and tense period, there will be even more reconciliation bills to follow in the coming months, said House Speaker Mike Johnson on Fox News Sunday today.  “We have been planning a second reconciliation bill for the fall that would be attached to the next…
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  • news

    Why States Warn Continued UN Funding Hurts Farmers

    Eleven state agriculture commissioners called on the Trump administration and Congress to yank funding from United Nations programs that they say are hurting American farmers.  “The federal government should stop using American taxpayer dollars to fund the United Nations International Maritime Organization, the Food and Agriculture Organization of the United Nations, and the United Nations…
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  • news

    88% of Seniors Won’t Pay Taxes on Social Security If One Big, Beautiful Bill Passes, Analysis Finds

    More than 51 million seniors would pay no taxes on Social Security income under the proposed “One Big, Beautiful Bill,” according to a new report Tuesday by the White House Council of Economic Advisers.   The legislation includes the largest tax break in American history for seniors, according to the report, which means that “88% of…
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  • opinion

    What Would Trump’s Reindustrialized America Look Like?

    On the campaign trail, President Donald Trump repeatedly promised to restore America’s manufacturing base. But what exactly is his vision of a reindustrialized America? “I’m proclaiming that by the end of my term, the entire world will be talking about the ‘Michigan miracle’ and the stunning rebirth of Detroit,” Trump said at a campaign rally…
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  • news

    Entrepreneurs Push to Cut Waste From ‘Big, Beautiful Bill’ With Pork Sandwich Giveaway

    A group of millennial entrepreneurs from across the country tried to draw attention to the debt-increasing aspects of the “One Big, Beautiful Bill” currently making its way through Congress by giving away free pork sandwiches on Thursday. The slogan for the event was: “Tell Congress to lead—and leave the pork to us.” William Glass, policy…
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  • news

    Ranchers, Angel Parents, Flight Attendants Urge Senate to Pass ‘Big, Beautiful, Bill’

    The Trump administration will highlight everyday Americans on Thursday in an effort to urge Senate Republicans to pass the “One Big, Beautiful Bill.” President Donald Trump will deliver remarks in the East Room of the White House to an audience of Congress members and regular citizens like truck drivers, firefighters, law enforcement, angel parents, health…
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  • opinion

    Wages Rising for Blue-Collar Workers

    In his fight to elevate life for the Forgotten Americans, President Donald Trump has already shattered another record in his second term in support of blue-collar Americans. During Trump’s first five months of his second term, real wages for hourly workers saw their largest increase under any administration in nearly 60 years.  Blue-collar U.S. workers…
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  • news

    Sen. Ron Johnson Proposes Alternative to ‘Big, Beautiful Bill’

    Sen. Ron Johnson, R-Wis., perhaps the Senate’s fiercest fiscal hawk, has released a lengthy report on the “big, beautiful” budget reconciliation bill, claiming the bill would balloon deficits. The big, beautiful bill is a 10-year fiscal plan that would fulfill many of President Donald Trump’s campaign promises, such as extending his 2017 tax cuts and…
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  • opinion

    Reforms in Corporate Governance Could Boost Appeal of US Stocks, Economy

    President Donald Trump’s America First Investment Policy touts that welcoming foreign investment and strengthening the United States’ “world-leading private and public capital markets will be a key part of America’s Golden Age.” Of the $124 trillion market capitalization of the global stock market, U.S. stocks account for 49%, and international investors own 17% of those U.S….
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  • news

    $5 Million on Trees, $300K to Trans Farmers: Brooke Rollins Shares Woke Agriculture Department Spending Cuts

    The Department of Agriculture has worked with the Department of Government Efficiency to slash millions in woke spending projects, from a $300,000 contract educating queer and transgender farmers to $5 million to keep trees alive. “Probably the most stunning for me was the $500,000 grant to study transgenderism in mice,” Agriculture Secretary Brooke Rollins told…
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  • news

    As Deals Advance, Farmers May Not Need Tariff Bailouts, Agriculture Secretary Hopes

    As deals advance with foreign countries, farmers may not need bailouts from tariffs, Secretary of Agriculture Brooke Rollins told The Daily Signal. Rollins hopes deals will be “struck pretty quickly” with foreign countries facing Trump administration tariffs so bailouts to farmers will be unnecessary.  “The economy has already begun to realign around putting America first,…
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  • news

    Stock Market Reacts to Trump Pausing Tariffs

    Mere minutes after President Donald Trump announced a 90-day pause on tariffs for more than 75 trading partners that did not retaliate, the stock market is booming. The S&P 500 was up 8.3% with less than an hour remaining in trading, approaching one of its best days in decades. The Dow surged 2,600 points, its biggest rally in…
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  • news

    ‘HANG TOUGH’: Trump Administration Placates Americans as Stock Market Continues to Drop

    As the stock market continues to drop, Trump administration officials are assuring Americans that tariffs will save an economy that appears healthy from the outside but is rotting from within. In a Truth Social post Saturday, President Donald Trump urged Americans to “HANG TOUGH.” “HANG TOUGH, it won’t be easy, but the end result will be…
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  • opinion

    Why Trump Should Ignore the Stock Market

    President Donald Trump’s economic priority shouldn’t be preventing a recession. Stock prices are always a bit of a roller coaster. Over the last month, it’s mostly been a downhill ride. In mid-February, the S&P 500 hit 6,144. It’s now dipped below 5,525. That’s around a 10% drop, which means the market is in correction territory….
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  • opinion

    The Illusion of Growth: How Inflation Skews Our Perception of the Stock Market

    Americans can readily see the effects of record-high inflation every time they shop. Prices have soared, from the grocery store to the gas pumps. Although inflation has cooled, families are still feeling the pinch. And the harm doesn’t end there: Inflation also is making stock markets appear stronger than they really are and cutting into…
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