If the "liberal" green movement had the political power during earlier periods of our nation's history that it has now, we would not have built the railroads. Also, there would be no interstate highway system, and the electric grid system that powers our country would be disconnected and shattered.
What else can one conclude when a significant ...Read more
The June blockbuster jobs report is more evidence that the economy is healing, but this remains a brutal period for the some 30 million still unemployed Americans.
Nearly every industry -- with very few exceptions -- has been forced to impose layoffs, furloughs or dramatic reductions in hours for its employees. The one major exception has been ...Read more
The most recent jobs report found that nine of the 10 states with unemployment rates above 14% are in liberal blue states. Ranked from highest to lowest, they are Nevada (25.3%), Hawaii (22.6%), Michigan (21.2%), California (16.3%), Rhode Island (16.3%), Massachusetts (16.3%), Delaware (15.8%), Illinois (15.2%), New Jersey (15.2%) and Washington...Read more
The coronavirus shutdown has flattened multiple industries across America -- everything from airlines and manufacturers to hospitals, retailers, oil and gas producers, and restaurants. Many of the 30 million small and large businesses in the country have reported a 30% reduction in revenues. Amid the carnage, one sector of the economy is ...Read more
It's the oddest thing. The more America's Big Tech companies such as Amazon, Apple, Facebook, Google, Microsoft and Twitter have contributed to keeping America's economy afloat during the coronavirus lockdown, the louder the voices get to break them up or to tie them up into regulatory knots.
At the same time that the White House and many ...Read more
The crisis of the coronavirus-induced economic lockdown and now the violent protests in the streets have unleashed a depression-level financial crisis and unprecedented human suffering -- especially in our inner cities. These events have also exposed a Grand Canyon-sized chasm that now separates how the left and the right see America today. To ...Read more
The recovery stage for our economy is finally here, and now the policy priority has to shift to getting people back on the job and getting businesses up and running. The best incentive to get businesses hiring again and get workers off unemployment is to suspend the payroll tax for the rest of the year.
So far, Congress' "stimulus" plans have ...Read more
America is starting to reopen for business across the country -- except for a handful of states where lockdown orders are expected to remain in place for weeks to come. With very few exceptions, the cities and states that have ordered their businesses to remain comatose and their millions of workers to go without paychecks are blue, blue, blue. ...Read more
Usually, when a CEO severely underperforms peers, he or she is fired or handed a gold watch and given a quick retirement party. In the Democratic Party, a rotten performance is a qualification for the presidency.
I'm referring to the bizarre infatuation inside Democratic circles with New York Gov. Andrew Cuomo as a possible replacement for Joe ...Read more
The U.S. economy is at last moving into the recovery stage from the coronavirus, at least in most states.
One definite pattern has emerged: Republican states are reopening much more swiftly than Democratic states. A most notable case in point is the revival strategies of the four largest states. California and New York are closed for weeks to ...Read more
Battle lines are getting drawn up between the two parties on the next round of "stimulus" for the economy. House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer are demanding as much as $1 trillion more in federal money to bail out state budgets. The blue states of California, Illinois, New Jersey and New York are lining up to be ...Read more
We've known for years that China lies and cheats and steals when it comes to international trade. Now we've learned that it also spread the deadly disease COVID-19. Donald Trump ran for president five years ago as the ultimate China hawk on trade, and he was way ahead of the curve for protecting against China's devious behavior. He saved ...Read more
America's domestic energy producers are under siege. The price of oil fell to below $5 a barrel on Monday, down from roughly $50 a barrel a year ago. This 90% drop in price is sending nearly the entire oil and gas industry into bankruptcy.
What is going on here?
Saudi Arabia and Russia have flooded the international market with cheap oil at ...Read more