The return of the ‘Misery Index’
The United States is currently experiencing its fastest rate of inflation, year over year, since mid-1982. Those of you who are old enough to remember that might also remember the…
The United States is currently experiencing its fastest rate of inflation, year over year, since mid-1982. Those of you who are old enough to remember that might also remember the…
‘You may not be interested in monetary economics, but monetary economics is interested in you.’
March 2021 saw the passage of the $1.9 trillion American Rescue Plan (ARP). At the time, the Biden administration touted a study by Moody’s Analytics, which: “…projects that the President’s…
Last week, I recounted the Biden administration’s shifting stance on inflation, from ‘non-existent’ through ‘good thing’ to ‘conspiracy by evil businesses.’ The pivot away from celebrating inflation as sign of…
Back in July, President Biden said that “no serious economist” was worried about “unchecked inflation.” In October, with inflation still stubbornly high and rising, White House Press Secretary Jen Psaki…
State and local taxes and spending Star Tribune: White House promises array of benefits for Minnesota in latest Build Back Better framework Labor market Star Tribune: Job vacancies in Minnesota…
Last week, the Financial Times reported: The pace of US consumer price growth pushed higher in September, hovering at a 13-year high as inflationary pressures drove up the cost of…
White House spokesperson Jen Psaki drew a lot of criticism this week when she said that it would be “unfair and absurd” for companies to increase costs for consumers in…
The following article was written by Michael McKenna for the Washington Times: As we careen downhill towards the finish line of reconciliation/debt ceiling/fiscal 2022 appropriations, things happen that make you…
The Biden administration just threw the doors wide open for vaccinated foreigners flying into the U.S. as of November. But no such luck in resuming business as usual along the…
During a press conference on Tuesday, the World Health Organization (WHO) confirmed what most people have been suspecting for a while — the COVID-19 virus might be here to stay. “I…
Minnesota’s Walter Mondale famously failed to resurrect Hubert Humphrey’s liberal coalition, but also took the first, faltering steps toward a new progressive politics that appealed to younger, educated, middle-class voters.
Senior Policy Fellow Peter Nelson talks about his work in the Trump administration.
In late June the Centers for Medicare & Medicaid Services (CMS) issued a proposed rule that would pare back several key policies put in place during the Trump Administration related…
The following article was written by Valerie Richardson and it appeared in The Washington Times: A coalition of progressive and environmental groups took a roasting on the right after urging President Biden to…
Earlier today, the Bureau of Labor Statistics (BLS) published employment numbers for June. And according to the data, Total nonfarm payroll employment rose by 850,000 in June, and the unemployment…
While the Affordable Care Act provided coverage through Medicaid expansion and generous premium subsidies, it also put the individual market in chaos and on the verge of collapse. Back in…
We’ve seen many cases of interesting new learning techniques brought on by the government-mandated school closures in response to the COVID-19 pandemic, but the most interesting of them all is…
The American Federation of Teachers (AFT) had influence on the school reopening guidance released in February by the Centers for Disease Control and Prevention (CDC), according to emails Americans for…
In December, then president-elect Joe Biden pledged to reopen a “majority” of schools by the end of his first 100 days as president. This then shifted to a majority of…
Why the 'Happy Warrior' would find no perch among today's progressives.
As of the time of this writing (10:00 CST, Thursday November 5, 2020) there has been no final resolution of the presidential election between Joe Biden and Donald Trump. However,…
As the Italian and German examples show, Gov. Walz was probably correct in March when he said that the spread of Covid-19 couldn't be stopped.
A round-up of the last week’s economic news stories in Minnesota.