Economy
Difficult as it may be to believe, the general treasurer of Rhode Island, Democrat Seth Magaziner, proposes to address the inflation wrought by the policies of Democrat White House occupant, Joe Biden, by — get this — flooding the market with easy cash and imposing price controls. Each of Magaziner’s suggestions can be debated on…
I’m not ready to endorse Sundance’s theory on The Conservative Treehouse, but it provides an interesting perspective by which to judge events going forward: The near horizon looks pretty clear. Gasoline will keep rising fast and will cost $6 to $7/gal before next spring. There is no way under current Joe Biden policy to avoid this,…
As winter nears here in the Northeast, it sure is nice to know that part of the just-passed-the-House “Build Back Better” plan is a tax increase on natural gas. As Eric Boehm of Reason reports: Buried inside the “Build Back Better” plan that cleared the House of Representatives on Friday morning is a new tax…
The RI Department of Labor and Training’s headline for monthly employment data tells some of the bad story: “Rhode Island-Based Jobs Fell by 2,100 from September; October Unemployment Rate Increases to 5.4 Percent“: Total nonfarm payroll employment in Rhode Island totaled 479,200 in October, reflecting a loss of 2,100 jobs from the revised September job…
With that question, I mean Woonsocket as representative of municipal governments generally. The city is in the midst of the process of figuring out how to spend the $36 million dollars the federal government will send its way as part of the American Rescue Plan Act (ARPA). You’ll recall that the purpose of the act…
Even before it goes into effect, a new rent-control law in St. Paul, Minnesota, is backfiring: “Less than 24 hours after St. Paul voters approved one of the country’s most stringent rent control policies, Nicolle Goodman’s phone started to ring,” the Star-Tribune reports. “Developers were calling to tell the city’s director of planning and economic…
As you have undoubtedly noticed, the price of gasoline has risen sharply since January and heating bills are expected to jump by as much as 54% this winter. The cause is Economics 101: inadequate supply is driving up price. In fact, one of President Biden’s senior energy advisors has acknowledged this and called on non-American…
Stephen Green shares a truck driver’s explanation of just how slow the problem will be to solve. Green sums up the problem well, with this: We’ve over-invested in red tape, under-invested in infrastructure, and taught at least two generations of young people that jobs like trucking are somehow beneath them. The government can try to…
The past decade or so has been remarkable in the degree to which events have shed light on ideas and principles that used to be opaque and abstract. Yesterday, I observed how radicals took advantage of the education system’s vulnerability to accelerate their plans, which begins to fill in explanatory pieces of the puzzle. Although…
Dr. Tim Shafman discusses breast cancer in women and men, Ed Cabral announces a special Waterfire to honor veterans, Attorney Mark Smith talks about the Second Amendment, and former Trump White House economic advisor Peter Navarro presents his new book.