Life, Liberty, Property

The Federal Reserve (Fed) has kept interest rates high this year, even though “growth of economic activity moderated in the first half of the year,” as the Federal Open Market Committee’s (FOMC) statement admitted two weeks ago.

Two days after Federal Reserve Chair Jerome Powell announced the central bank’s decision not to reduce interest rates, the Bureau of Labor Statistics announced bad news about the U.S. economy.

The U.S. economy appears to have begun a recovery this year toward more-natural and productive conditions after years of near-zero interest rates imposed by the nation’s central bank, the Federal Reserve (Fed).

The June inflation number provided a good deal of ambiguity about whether the Federal Reserve is doing right.

A mass shooting in downtown Indianapolis, Indiana over the Fourth of July weekend put the city on edge and politicians under increasing scrutiny.

Within a flurry of highly consequential and groundbreaking U.S. Supreme Court decisions, Friday’s ruling in Trump, President of the United States, et al. v. Casa, Inc., et al. stands out as a truly historic event.

A New Jersey township’s plan to use eminent domain to seize a 175-year-old family farm has caught the Trump administration’s attention. It is an important case with critical implications about the purpose and conduct of government.

The consensus prediction about President Donald Trump’s massive program of tariffs was that it would cause rapid and highly damaging price inflation. The Wall Street Journal was prominent in conveying those claims, and the Federal Reserve (Fed), the U.S. central bank, concurred, forecasting that the tariffs would cause inflation.

Last week I noted that even the U.S. economy, the best in the world, cannot support the current and upcoming federal debt. Here I explain the dismal political reasons why a reversal is so unlikely.

The government long ago became extremely comfortable with the fact that the American people have always been able to bail them out. Bailouts, however, notoriously lead to further bailouts and then to bankruptcies.