Last week, the lobbying arm of the wind energy industry made an unsurprising, though somewhat embarrassing, announcement. It wants a longer lifeline with federal subsidies. So much for wind being the low-cost energy source of the future.
Less than a year ago, the American Wind Energy Association with great fanfare issued a press statement that,...Read more
How much of the monetary gains from the Trump economic speedup have gone to the middle class? If you ask Democratic senators and presidential candidates Elizabeth Warren, Kamala Harris and Bernie Sanders, the answer to that question is ... almost none.
" (Donald) Trump's economy is great for billionaires, not for working people," Sanders likes ...Read more
While running for president in 1960, John F. Kennedy campaigned against the moderate growth economy (2.5% annual GDP rise) in the last years of the Eisenhower administration. He appealed to Americans' highest aspirations by saying in his typical Boston drawl: "We can do bettah." JFK promised 4% and 5% rates of annual economic progress for the ...Read more
A friend of mine's third grade daughter came home from school a few weeks ago with tears streaming down her cheeks. "My teacher says we only have 10 years before the oceans rise and we are underwater," she moaned. "Are we all going to die?"
That's a heavy burden to place on the shoulders of a 9-year-old.
Gloomy stories of the coming apocalypse...Read more
The decline of American mining and production of critical minerals in recent decades is a self-inflicted wound that could imperil our economy and national security.
Data from the latest federal geological survey showed the United States has become 99% dependent on imports for at least 20 critical and strategic minerals, not including each of ...Read more
Surgeon explains at home fix for dark spots
and uneven skin tones on skin...
The recent threats by Beijing to cut off American access to critical mineral imports has many Americans wondering why our politicians have allowed the United States to become so overly dependent on China for these valued resources in the first place.
Today, the United States is 90% dependent on China and Russia for many vital "rare earth ...Read more
Is the left once again embracing Malthusian population control in order to save the planet?
Of all the preposterous proposals put forward by the Democratic presidential candidates during the CNN climate change town hall meeting last week, the dumbest wasn't outlawing plastic straws, incandescent light bulbs or air travel. It wasn't the ...Read more
One of the many idiocies of the "Green New Deal" and other such anti-fossil fuel crusades is that all of this arrives on the political scene at a time when the price of producing energy from fossil fuels is lower than at any time before in human history.
The Wall Street Journal reported last week that natural gas prices "in Europe and Asia ...Read more
Recently, two major railroad operators, CSX and Union Pacific, reported a significant drop in earnings, in part due to declining rail shipments. This was partially due to the impact of ongoing trade disputes. While we generally support a better trade relationship with China (hopefully with fewer tariffs and nontariff barriers), we need to see ...Read more
To keep the economy from a further growth slowdown, the Fed must inject more dollar liquidity into the global economy -- immediately.
The next Fed rate cut cannot wait until September. Fed Chairman Jerome Powell should call an emergency meeting of the Federal Open Market Committee and cut rates in the next few days. Waiting another month will ...Read more
Do we want the U.S. Federal Reserve Board to operate as a commercial bank -- and compete with our private banking system? The Fed apparently wants to, and it's a policy shift that could greatly expand the mission of the Fed.
Last week, while most of the world's Fed watchers were focused on interest rate changes, another key Federal Reserve ...Read more
The At Home Fix That Is Like A Power Wash
For Your Gut Lining...
Suddenly, nearly everyone wants the Federal Reserve Board to cut interest rates. I've been arguing for this for nine months, so it's nice to see the economic intelligentsia is finally persuaded. The Fed has become a restraint on growth since last August thanks to ill-advised interest rate increases (and promises to raise rates more in 2019), ...Read more