Congressman Jim Jordan is officially running for speaker of the House of Representatives, the congressman’s office confirmed to The Daily Signal Wednesday. The Ohio Republican’s confirmation comes just one day after Kevin McCarthy’s ouster. Eight Republicans and all Democrats present voted to remove McCarthy, who has said that he will not run again for speaker. Republican Reps. Andy […]
https://pricklypear.news/wp-content/uploads/Jim_Jordan_51771569470.jpg533800Mary Margaret Olohanhttps://pricklypear.news/wp-content/uploads/logo_2023.pngMary Margaret Olohan2023-10-04 13:30:222023-10-04 13:43:04Jim Jordan Announces Bid for Speakership
September Update: Spring Bounce Fades. 20-City Index -0.6% from Peak in 2022, Flat Year-over-Year. San Francisco -11% from the peak, Seattle -10%, followed by Las Vegas, Phoenix, Portland, Denver, Dallas, San Diego, Los Angeles, and Tampa. The S&P CoreLogic Case-Shiller Home Price Index, released today, for the 20 metros it covers ticked up 0.6% in […]
https://pricklypear.news/wp-content/uploads/iStock-1066106810-scaled.jpg17072560Wolf Richterhttps://pricklypear.news/wp-content/uploads/logo_2023.pngWolf Richter2023-10-04 00:28:182023-10-04 08:35:29The Most Splendid Housing Bubbles in America
There is a battle brewing in Washington over our annual national budget which is supposed to be in place for the new fiscal year, beginning October 1st. The entire discussion is about whether the House Republicans will have the budget’s twelve elements ready by the deadline. The alternative is to once again invoke those favorite […]
https://pricklypear.news/wp-content/uploads/meony-flying-scaled.jpg18032560Bruce Bialoskyhttps://pricklypear.news/wp-content/uploads/logo_2023.pngBruce Bialosky2023-10-02 00:28:092023-10-01 08:18:42It Is Time for Hysteria
The notion of introducing a per-mile taxation system, as modeled by Oklahoma’s Fair Miles pilot project[1], has been touted as an alternative to traditional fuel taxes to generate revenue for road maintenance and infrastructure projects. While the aim to diversify and stabilize the revenue base is understandable, it is vital to examine the implications this […]
https://pricklypear.news/wp-content/uploads/rout66.jpg427640Michael Infanzonhttps://pricklypear.news/wp-content/uploads/logo_2023.pngMichael Infanzon2023-10-02 00:26:262023-10-01 08:14:26Policy Analysis: Opposition to Per-Mile Taxation Systems Considering the Implications for Motorcyclists in Arizona
It has become a running joke: the “strong” Bidenomics economy comes with an expiration date, as it is only “strong” for about a month, at which point the initial “strength” is downgraded, and the data is revised sharply lower. That has certainly been the case with US labor data, as we first reported last month, every […]
https://pricklypear.news/wp-content/uploads/iStock-595098606-scaled.jpg17922560Tyler Durdenhttps://pricklypear.news/wp-content/uploads/logo_2023.pngTyler Durden2023-10-01 00:28:492023-09-30 12:17:16You Will Never Guess What Happened to the “Strong US Consumer” After Today’s Huge GDP Revisions
Total encounters reported at both the northern and southwest land borders in August was 304,162, according to U.S. Customs and Border Protection data. It is the greatest total number of illegal entries of any month in recorded U.S. history, according to CBP data. Total encounter data excludes nearly 30,000 gotaways at the southwest border reported by Border Patrol […]
https://pricklypear.news/wp-content/uploads/yuma-1.jpg427640Bethany Blankleyhttps://pricklypear.news/wp-content/uploads/logo_2023.pngBethany Blankley2023-09-30 00:29:362023-09-27 10:20:36August Border Encounters Of More Than 322,000 Highest Monthly Total In U.S. History
AS economic freedom in the world has plunged in recent years, due mainly to the interventions and fiscal-monetary profligacy associated with COVID shutdowns, mandates, and subsidies. The global measure is given in Figure One. This is a significant reversal of freedom’s increase between 2010 and 2019. But the downtrend is much worse and more prolonged […]
https://pricklypear.news/wp-content/uploads/chains.jpg480640Richard M. Salsmanhttps://pricklypear.news/wp-content/uploads/logo_2023.pngRichard M. Salsman2023-09-29 00:26:362023-09-27 09:37:48The Multiyear Decline in US Economic Freedom
Readers might recall on August 3, and subsequent to that, we suggested that the stock market had gotten “overbought” and was vulnerable to the weakness that typically is found (called seasonality) in the late summer. Whether we are just lucky or smart, the market has cooperated by declining about 7% since our word of caution, […]
https://pricklypear.news/wp-content/uploads/stock-market-2616931_1280.jpg8531280Neland Nobelhttps://pricklypear.news/wp-content/uploads/logo_2023.pngNeland Nobel2023-09-28 00:30:142023-09-27 18:22:57Stocks Suffer For The Last Two Months And More Likely Ahead
Six Atlantic shore Governors are begging the Feds to bail them out of a huge looming offshore wind cost overrun. They sent Biden a joint letter asking for a list of relief measures ranging from tax breaks to revenue sharing. The outcome is far from clear but my guess is the largess is unlikely to […]
Recently I encountered a study by an organization called Oxfam Research. That study: Where Hard Work Doesn’t Pay Off. As defined in Wikipedia, Oxfam was founded in 1942 as a confederation of 21 independent charitable organizations, centered in Oxford England focusing on alleviating global poverty and led by Oxfam International. There is an American affiliate. I […]
https://pricklypear.news/wp-content/uploads/usa-1198930_1280.jpg8501280Bruce Bialoskyhttps://pricklypear.news/wp-content/uploads/logo_2023.pngBruce Bialosky2023-09-27 00:28:222023-09-25 09:31:26Is America A Bad Place To Work?
Jim Jordan Announces Bid for Speakership
/in Economy, Featured, Latest News, Liberty, Politics/by Mary Margaret OlohanCongressman Jim Jordan is officially running for speaker of the House of Representatives, the congressman’s office confirmed to The Daily Signal Wednesday. The Ohio Republican’s confirmation comes just one day after Kevin McCarthy’s ouster. Eight Republicans and all Democrats present voted to remove McCarthy, who has said that he will not run again for speaker. Republican Reps. Andy […]
The Most Splendid Housing Bubbles in America
/in Economy, Featured, Latest News, Personal Finance/by Wolf RichterSeptember Update: Spring Bounce Fades. 20-City Index -0.6% from Peak in 2022, Flat Year-over-Year. San Francisco -11% from the peak, Seattle -10%, followed by Las Vegas, Phoenix, Portland, Denver, Dallas, San Diego, Los Angeles, and Tampa. The S&P CoreLogic Case-Shiller Home Price Index, released today, for the 20 metros it covers ticked up 0.6% in […]
It Is Time for Hysteria
/in Culture War, Economy, Featured, Latest News, National Security, Personal Finance, Politics/by Bruce BialoskyThere is a battle brewing in Washington over our annual national budget which is supposed to be in place for the new fiscal year, beginning October 1st. The entire discussion is about whether the House Republicans will have the budget’s twelve elements ready by the deadline. The alternative is to once again invoke those favorite […]
Policy Analysis: Opposition to Per-Mile Taxation Systems Considering the Implications for Motorcyclists in Arizona
/in Arizona News, Economy, Featured, Latest News, Liberty, Personal Finance, Politics/by Michael InfanzonThe notion of introducing a per-mile taxation system, as modeled by Oklahoma’s Fair Miles pilot project[1], has been touted as an alternative to traditional fuel taxes to generate revenue for road maintenance and infrastructure projects. While the aim to diversify and stabilize the revenue base is understandable, it is vital to examine the implications this […]
You Will Never Guess What Happened to the “Strong US Consumer” After Today’s Huge GDP Revisions
/in Economy, Featured, Latest News, Personal Finance, Politics/by Tyler DurdenIt has become a running joke: the “strong” Bidenomics economy comes with an expiration date, as it is only “strong” for about a month, at which point the initial “strength” is downgraded, and the data is revised sharply lower. That has certainly been the case with US labor data, as we first reported last month, every […]
August Border Encounters Of More Than 322,000 Highest Monthly Total In U.S. History
/in Arizona News, Culture War, Economy, Education, Liberty, National Security, Politics/by Bethany BlankleyTotal encounters reported at both the northern and southwest land borders in August was 304,162, according to U.S. Customs and Border Protection data. It is the greatest total number of illegal entries of any month in recorded U.S. history, according to CBP data. Total encounter data excludes nearly 30,000 gotaways at the southwest border reported by Border Patrol […]
The Multiyear Decline in US Economic Freedom
/in Culture War, Economy, Featured, Latest News, Liberty, Politics/by Richard M. SalsmanAS economic freedom in the world has plunged in recent years, due mainly to the interventions and fiscal-monetary profligacy associated with COVID shutdowns, mandates, and subsidies. The global measure is given in Figure One. This is a significant reversal of freedom’s increase between 2010 and 2019. But the downtrend is much worse and more prolonged […]
Stocks Suffer For The Last Two Months And More Likely Ahead
/in Economy, Featured, Latest News, Personal Finance/by Neland NobelReaders might recall on August 3, and subsequent to that, we suggested that the stock market had gotten “overbought” and was vulnerable to the weakness that typically is found (called seasonality) in the late summer. Whether we are just lucky or smart, the market has cooperated by declining about 7% since our word of caution, […]
Desperate Governors Beg For Offshore Wind Cost Relief
/in Culture War, Economy, Environment, Featured, Latest News, Politics/by David WojickSix Atlantic shore Governors are begging the Feds to bail them out of a huge looming offshore wind cost overrun. They sent Biden a joint letter asking for a list of relief measures ranging from tax breaks to revenue sharing. The outcome is far from clear but my guess is the largess is unlikely to […]
Is America A Bad Place To Work?
/in Culture War, Economy, Featured, Latest News, Liberty, Politics/by Bruce BialoskyRecently I encountered a study by an organization called Oxfam Research. That study: Where Hard Work Doesn’t Pay Off. As defined in Wikipedia, Oxfam was founded in 1942 as a confederation of 21 independent charitable organizations, centered in Oxford England focusing on alleviating global poverty and led by Oxfam International. There is an American affiliate. I […]