Articles tagged as

Inflation

Thanksgiving table free images

MACDONALD: The Cost of Thanksgiving Is Down This Year

Steve MacDonald

Breaking things is always easier than fixing them, and whoever was running the Biden Administration broke things. A lot of things. As bad or worse than Obama, who, if you recall, insisted his laggard low-T economy was the new normal. Donald Trump blew that lie up in less than two years. This time around, Bidneflation … Read more

Liberation or Obliteration?

Ron Paul

President Trump was elected in part because he promised to reduce prices and not drag the country into foreign wars. Sadly, President Trump has adopted a tariff policy that will raise prices and abandoned his “America First” foreign policy in favor of a return to Bush-era neoconservatism. Despite criticizing President Biden for bombing Yemen, President … Read more

chickens

Animal Rights Activists Lay Groundwork for Soaring Egg Prices

John Klar

The idea of delighted chickens clucking freely in verdant pastures and picking at grubs may appeal to American consumers and food rights activists. However, suggesting that the “cage-free” label liberates egg layers from industrial confinement is a marketing illusion. Birds are provided a little more space, but the health benefits for poultry are unproven, while … Read more

Inflation Is Repudiation

James Bovard

Did Donald Trump learn anything from watching Joe Biden economically suicide-bomb his own presidency? President Trump is decreeing new tariffs and issuing sweeping tariff threats on a weekly basis. Trump supporters believe the president is so wise that he can levy taxes that make imported goods far more expensive without skewering American consumers. But does … Read more

steak-beef meat

Beef Inflation: Tariffs, Farmers, and Consumers Lock Horns.

John Klar

Americans love their hamburgers as much as buffalo wings and fried eggs, and all three are increasing in price. Mainstream media headlines suggest President Donald Trump’s proposed tariffs could increase food inflation, and critics started blaming him for high egg prices within hours after his swearing in. It appears many would be apoplectic if Trump … Read more

Recession financial downturn economy

Who Gets the Blame for the Upcoming Recession?

Connor O'Keeffe

Over the weekend, President Trump made headlines for refusing, on two occasions, to rule out the possibility that the US will experience a recession this year. The comments came days after the Atlanta Fed announced it now projects GDP to fall by nearly three percent in the first quarter of this year. Those developments, paired with the recent … Read more

To Make America Great Again, Separate Money and State

Ron Paul

“Delivering Emergency Price Relief for American Families and Defeating the Cost-of-Living Crisis” is the title of one of the many executive orders President Trump issued in his first week back in the Oval Office. This executive order directs federal agencies to “deliver emergency price relief” to the American people by reducing federal regulations that increase … Read more

Cash money bills

Harris Campaign Raised $1.2 Billion

Ray Cardello

The Kamala Harris campaign raised a record $1.2 billion in contributions. The Democrats will tell you that most donations are five or ten dollars. But to raise over one billion dollars for a 100-day campaign, anyone with a brain knows the millionaires and billionaires on both coasts had their pens flying across their checkbooks. The … Read more

Grocery woman shopping

No Central Bank Wants to Stop Price Inflation

Daniel Lacalle

Many citizens want more government control of the economy to curb rising prices. It is the worst strategy imaginable. Interventionist governments never reduce consumer prices because they benefit from inflation, dissolving their political spending commitments in a constantly depreciated currency. Inflation is the perfect hidden tax. The government makes the currency less valuable by issuing more units … Read more

Taxing Unrealized Capital Gains and an Inflation Nexus

John Klar

Among the various new taxes proposed by Kamala Harris’ presidential campaign are increased levies on capital gains and taxation of unrealized capital gains on wealthy Americans. Given recent history, this is particularly sneaky. The Biden-Harris team sparked rapid inflation, so now the Harris-Waltz duo wants to tax the phantom inflationary gain even before citizens holding … Read more

The Fed’s Fiat Money Is the Real Cause of Price Inflation

Tom Mullen

During election years, incumbent presidents are routinely blamed for every societal ill during the previous four years. And almost nothing is riper for the picking than a significant rise in consumer prices. According to the Bureau of Labor Statistics (BLS), prices are currently increasing at a rate of 3 percent year over year and peaked … Read more

Are Democrats Seeding Higher Inflation to Boost Election Prospects?

John Klar

Human dreams of predicting the future have a special playground in forecasts of market prices. Whether the market is tulips, pork bellies, stocks, real estate, or cryptocurrency, the urge to know the future direction of the economy is as ancient as bartering. A question facing Americans in 2024 is whether that desire to influence the … Read more

Republican Platform Ignores Real Causes of Inflation

Op-Ed

The 2024 Republican platform promises that, if Donald Trump returns to the White House and Republicans gain complete control of Congress, they will reduce inflation. The platform contains some proposals, such as reducing regulations and extending the 2017 tax reductions, that may help lower prices in some sectors and spur economic growth. However, the GOP … Read more

NH Poverty and Food Insecurity Research Misses The Mark

Steve MacDonald

I’ve never been overly fond of the New Hampshire Fiscal Policy Institute’s (NHFPI) research, but sometimes, you find a helpful nugget. Take this February 2024 report on “Poverty and Food Insecurity in New Hampshire During and Following the COVID-19 Crisis.” It is a lot of words and charts divining who is having trouble living comfortably … Read more

Inflation Nation: Will America’s Economic Woes Worsen in 2024?

John Klar

In his State of the Union address, President Joe Biden claimed US inflation is a result of price-gouging by corporate bogeymen. Recent statistics suggest other causes, some of which will likely persist through this election year – and the president’s narrative is not likely to hold up as rents, wages, and taxes rise, all increases that are hard to blame on corporate America.

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ICYMI – Why Food Is About To Get Very Expensive

John Klar

Americans are witnessing frighteningly high rates of inflation—gasoline prices have increased by 10 cents a day lately, it seems. Interest rates are rising and set to continue shooting up, compounding home affordability hampered by a seismic spike in home and land prices.

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