In a move that would primarily benefit the world’s largest economies and most bloated governments, the Biden administration has proposed that all the world’s countries agree to impose corporate taxes at a rate no lower than 15%. Biden also proposes punishing countries...
It seems that every time something adverse happens in the labor market, it restarts the partisan battle between those currently in and out of power as to who is a better steward of the economy. That was illustrated by the Bureau of Labor Statistics's (BLS) release of...
As Americans warily eye new data showing both consumer and producer price inflation heating up beyond expectations, few of them realize the Federal Reserve has an explicit goal to relentlessly degrade the purchasing power of their savings. The Fed weakens the...
US News The state of Michigan’s multi-million fund to pay out settlements for wrongful convictions is facing a $7 billion deficit. [Link] The FDA is considering a ban on menthol cigarettes this week. [Link] Sam Power was confirmed to head USAID. [Link] Great Power...
US News Louisiana police placed a GPS tracker on a woman’s car. When she removed it, they demanded the tracker back. [Link] In addition to the $2 trillion covid relief bill and the proposed $2 trillion infrastructure bill, Biden now wants to pass a $1.8 trillion bill...
Inflation as a weapon of war. According to local economists who spoke to MintPress, the reasons behind the collapse of Yemen’s economy and its currency are many and varied but the expansionary monetary policy that has been taken by Saudi Arabia is one of the key...
US News Biden has elected Neera Tanden to lead the Office of Budget Management. Tanden is a former adviser to Hillary Clinton and is unconcerned about the US budget deficit. [Link] Congress is looking to include reforms to Section 230 - a law that works to ensure free...
When President Donald Trump took office, his aides promised there would always be adults in the room. Especially when it came to foreign policy, learned, stable professionals would ensure responsible and intelligent actions. Except the adults turned out to be idiots....
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