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The National Defense Authorization Act emerged from the House Armed Services Committee this month with a major addition: $23.9 billion for more weapons, research...
The United States government enjoys a major advantage over the governments of most countries, including those in the European Monetary Union. It borrows in...
Despite already spending trillions of dollars on COVID-19 relief legislation, for the past few months, Democrats have been focused on designing the largest tax-and-spend...
It is said that the road to hell is paved with good intentions. Judging by our recent stubbornly high inflation numbers and the bubbles...
Democratic leaders in the House and Senate are hoping to pass a $1 trillion bill to fund infrastructure and a $3.5 trillion bill to...
Last year, in his all-important annual Jackson Hole Speech, Federal Reserve Chairman Jerome Powell announced a major monetary policy shift that now seems to...
U.S. President Herbert Hoover famously observed that blessed are the young for they shall inherit the national debt. If ever there was a time...
Yesterday’s intimation by the Federal Reserve that it would soon start tapering its aggressive bond-buying program, casts a dark cloud over the stock market’s...
To mark the one-year anniversary of the Hong Kong national security law, the Chinese Communist Party’s (CCP) Global Times ran a series of articles in June to hit...
On August 15, 1971, President Richard Nixon went on television and announced a three‐part New Economic Policy supposedly intended to stop inflation and increase economic...