With extensive economic pressure facing the U.S., progressive lawmakers in Washington believe they have found a new solution: taxing and spending. This failed fiscal framework has become an easy sell for each new progressive administration. But this time the Biden administration has placed America in a high-inflation recession, and looks to do more harm with...
While a stagnating economy with high inflation is what economists usually call stagflation, the current situation is worse, as the real economy is declining. So there’s much less to go around for everyone—making us poorer in the process. This inflation-recession could be resolved by Washington reversing course, but President Joe Biden and Democrats in Congress...
Americans are sacrificing their savings to keep up with soaring inflation. This burden has contributed to consumer sentiment reaching its lowest level in June since the University of Michigan started the survey in January 1978. And the progressive policies in D.C. could soon make this bad situation worse. The personal saving rate, which is the...
The U.S. government is bankrolling favored businesses at the expense of taxpayers and other businesses. Again. By continually involving itself in the market, government is impeding economic growth and the potential of industries to reach their full potential. That must change. Congress recently passed the CHIPS Act, which is a $280 billion spending boondoggle that...
Building out broadband internet is the “wild west” of public policy, and naturally, the various proposals fall into three categories: the good, the bad, and the ugly. Because of a digital age that has made it more difficult to live everyday life without high-speed internet, broadband access affects quality of life. Poor access can hinder...
Kari Anne Roy, an Austin resident, had her 6-year-old son escorted home from playing outside by a woman she didn’t know. Her son was outside with his 8-year-old sister, less than 150 yards away from the house. The woman was concerned for the child’s safety in playing outside without an adult, and within a few...
In carefully measured tones, a dad pleaded with the Lovejoy ISD school board not to disrupt his sons’ lives and educations. Like many other families, he had enrolled his fifth and third graders in the Lovejoy Scholars program for out-of-district students. “I’d like to thank Lovejoy for welcoming our family; our kids are thriving in...
CNBC used to stand for the “Consumer News and Business Channel.” but it is now part of NBC and the left-wing media. Its job now is to demonize conservative states, especially Texas, as dismal backwaters filled with miserable, uninformed and misguided voters. But because CNBC is still a business channel, focused on the economy, the...
Two and two make five. This non-truth is one of the small phrases at the heart of George Orwell’s “1984.” It is used to demonstrate the ruling party’s focus on the absolute domination of its citizens, often subverting or rejecting truth in order to maintain its power. Orwell’s phrase is often invoked in political discourse...
We all hate feeling jetlagged. That groggy, tired feeling is the unpleasant result of long-distance travel. The concept of social jetlag works in a very similar manner. The term refers to the reactions observed in people’s bodies that are similar to travel-related jetlag, which stems from a person’s circadian rhythm (or internal clock) being thrown...
Back-to-school is right around the corner, meaning that parents and guardians are beginning to buy backpacks, supplies, and new clothes for the kids. However, as many are coming to find out, this year’s shopping experience is a little more costly than in years past. Thanks to inflation and supply chain snags, the cost of getting...
On Thursday, the Bureau of Economic Analysis released its second-quarter GDP estimates revealing that the American economy shrank again. The revelation means that U.S. has officially entered recession territory and thoughtful policy prescriptions are needed to mitigate the economic pain and minimize the period’s duration. With that in mind, here are five things that Texas’...