Economy

Who said lefties don’t have a sense of humor? Well, no one really ever had to say it, because it’s painfully obvious that none of these folks can take a joke, especially about their precious and “totally misunderstood” socialism. In response to the Daily Wire posting a Game of Thrones meme lampooning the economic system beloved by progressives, Thrones actor and apparent left wing nut Miltos…

My longtime friend and colleague Dr. Thomas Sowell has just published a revised and enlarged edition of “Discrimination and Disparities.” It lays waste to myth after myth about the causes of human differences not only in the United States but around the globe. Throughout the book, Sowell shows that socioeconomic outcomes differ vastly among individuals, groups and nations in ways that cannot be…

The media has chosen, so far at least, to ignore more anti-American comments from U.S. Rep. Ilhan Omar (D-MN). In an interview May 1, Omar attacked the U.S. for being the reason why its citizens were starving and getting mowed down in the street by its socialist government regime. Her absurd and anti-patriotic comments are just the latest she’s made attacking the country she’s supposed to be…

The U.S. economy grew so much more than expected in the first quarter that CNBC’s Rick Santelli called it a “whopper” and “really powerful” news on April 26. A day later, the news made the front page of The Washington Post and The New York Times. The broadcast networks were less enthusiastic. Two out of the three evening news programs skipped the story entirely that night.

Economic growth bested expectations by nearly a percentage point in the first quarter, and “pushes back” against recent recession fears, according to CNBC. “First look at first quarter GDP and it is a whopper! 3.2 percent.” on-air editor Rick Santelli announced on April 26. “A 3 handle on first quarter. It’s supposed to be the dog of the year in terms of which quarters excel. This is really…

There’s often a clear anti-capitalist bent to environmental alarm, as Guardian columnist George Monbiot proved again April 25. “Our choice comes down to this. Do we stop life to allow capitalism to continue, or stop capitalism to allow life to continue?” Monbiot asked. His anti-capitalist rant argued that capitalism was “incompatible with the survival of life on Earth.”

A $1.25 trillion giveaway program to college grads and future college students deserves scrutiny, not praise as a “bold,” “sweeping” or “ambitious” plan that could “distinguish” Sen. Elizabeth Warren from her Democratic competitors. Some news stories, including CBS and NBC online, bordered on being a sales pitch for the plan to forgive student loans and make public colleges tuition-free. CBS…

During an interview with Melinda Gates, wife of billionaire Microsoft founder Bill Gates, on Wednesday, MSNBC anchor Stephanie Ruhle pushed the idea of a “wealth tax” and wondered if it was time to “revisit capitalism.” Amid advocating the left-wing policies, Ruhle largely dismissed the role of private philanthropy in addressing societal problems.

Democratic presidential candidate Sen. Elizabeth Warren has grand ambitions for spending other people’s money. Her latest proposal was (by her own estimation) a $1.25 trillion policy proposal for student loan forgiveness and free college. CBS News made a $49,950,000 error when it reported that Warren’s reparations plan “would also create some incentives for black students and lower-income…

LIBERIA, Costa Rica — In the ongoing U.S. debate about immigration, the Central American countries of Honduras, El Salvador and Guatemala are mainly in the news because many of those crossing our border from Mexico are from these nations. Why isn't Costa Rica experiencing a similar mass exodus? I put the question to President Carlos Alvarado Quesada. In an email response he writes in part, “8…

How do millionaire entrepreneurs feel about the government taking more of their money? Yahoo Finance editor-in-chief Andy Serwer found out when he invited one of them on his Influencers show April 12. He asked entrepreneur Gary Vaynerchuck (also called Gary Vee) about “politicians like Alexandria Ocasio-Cortez who says [sic] we should have more government involvement in terms of people making…

As if it somehow sank the conservative agenda or upended a Fox News narrative, the ABC and CBS Tuesday evening news programs hailed the heavily Democratic Fox News town hall audience that cheered for Bernie Sander’s Medicare for All healthcare plan.

There are actually three certainties of life: death, taxes and that the liberal media will condemn tax cuts. The New York Times published side-by-side stories on tax day about the impact of the 2017 tax reform bill. The first was about people “shocked” by lower refunds or owing taxes this April. The second proved that although most people got a tax cut (estimates varied from 64.8% to 80% of…