Editor’s Note: This article is based on Mr. DeMuth’s opening address at the European National Conservatism Conference in Brussels, Belgium, on March 23, 2022. February 2020 turned out to be the last month to date of normal life in most of the world. Early in the month, a few cases of what came to be […]
https://pricklypear.news/wp-content/uploads/220219_ChrisDeMuth-e1648687102631-1060x530-1.jpg5301060Christopher Demuthhttps://pricklypear.news/wp-content/uploads/logo_2023.pngChristopher Demuth2022-04-19 01:55:582022-04-16 07:48:20The Nation is the Heart of the Matter
The Fed is still pumping fuel on the fire. The Consumer Price Index today – a measure of how fast the dollar and everything denominated in dollars, including labor, lost its purchasing power – is a horror show, the likes of which the majority of Americans have never experienced in their lives. The reality on […]
https://pricklypear.news/wp-content/uploads/chard-dollar.jpg339509Wolf Richterhttps://pricklypear.news/wp-content/uploads/logo_2023.pngWolf Richter2022-04-18 02:05:032022-04-15 10:49:58WHOOSH, Dollar’s Purchasing Power Goes to Heck as Services Inflation Takes Off, Food Spikes, Energy Explodes, But Used Cars Finally Stall
Blaming high inflation on corporate greed has become a favorite pastime of some prominent politicians. Senator Elizabeth Warren (D-MA) has accused large corporations of driving inflation, a view that is out of sync with the data. More recently, Senator Bernie Sanders (D-VT) joined the chorus. “Corporate greed is Tyson Foods raising the price of beef […]
https://pricklypear.news/wp-content/uploads/iStock-1306138593-scaled.jpg18362560Nicolas Cachanoskyhttps://pricklypear.news/wp-content/uploads/logo_2023.pngNicolas Cachanosky2022-04-18 01:50:162022-04-18 09:04:38Do Greedy Countries Have Higher Inflation?
President Biden thinks his real title is “Spender in Chief,” not Commander in Chief. He is always throwing our money around. It seems every answer he provides has him committing our money without any clear explanation of his authority. His recent failings have caused him to refocus his efforts on a new, but recurring subject […]
Forecasting the economy is always difficult, but the number of external and internal variables associated with this business cycle is unusually complex. Forces of recovery from lockdown and gigantic fiscal and monetary stimulation are colliding with record-high debt, overvaluation in many markets, and severe inflationary pressures that must be dealt with. If that is not enough, […]
As gas and other energy prices continue to soar, Americans are desperate for relief. The question is, what does Congress plan to do about it? Rep. Debbie Lesko, a member of the House Energy and Commerce Committee, has some answers on today’s edition of “The Daily Signal Podcast.” Lesko, R-Ariz., pledges that if the GOP […]
https://pricklypear.news/wp-content/uploads/screenshot-lesko.jpg6111156Douglas Blairhttps://pricklypear.news/wp-content/uploads/logo_2023.pngDouglas Blair2022-04-11 02:00:402022-04-10 22:15:35Rep. Debbie Lesko Reveals GOP Plan to Lower Gas Prices
If there is one thing we can expect from the Green Movement is that it will do its best to mislead the public with very clever public relations. But a lie is a lie, even if cleverly told. This has manifested itself in two ways rather recently. First, they continue to claim that “renewables” specifically […]
https://pricklypear.news/wp-content/uploads/nightmare.jpg355488Neland Nobelhttps://pricklypear.news/wp-content/uploads/logo_2023.pngNeland Nobel2022-04-11 02:00:112022-04-10 20:58:26The Green Con Job on Energy Independence: Their Dream is Our Nightmare
CEO of Germany’s multinational BASF SE, the world’s largest chemical producer, has warned that curbing or cutting off energy imports from Russia would bring into doubt the continued existence of small and medium-sized energy companies, and further would likely spiral Germany into its most “catastrophic” economic crisis going back to the end of World War 2. […]
https://pricklypear.news/wp-content/uploads/basfceo.png248500Tyler Durdenhttps://pricklypear.news/wp-content/uploads/logo_2023.pngTyler Durden2022-04-11 01:50:182022-04-10 09:31:09German Chemical Giant Warns Of “Total Collapse” If Russian Gas Supply Cut
Biden’s energy policies are even worse than gunning acceleration of a car in stop-and-go traffic … more like trying to move forward with one foot jamming the gas pedal and the other simultaneously clamping down on the brake. What you wind up with is lots of smoke, a burned-out engine, and a vehicle destined to go […]
https://pricklypear.news/wp-content/uploads/u-s-natural-gas-is-the-new-global-soft-power-weapon-800x533-1.jpg533800Larry Bellhttps://pricklypear.news/wp-content/uploads/logo_2023.pngLarry Bell2022-04-10 01:55:002022-04-09 18:44:24Biden Pledges His U.S. Penalized Energy to Europe
Personal income rose 0.5 percent in February, according to data from the Bureau of Economic Analysis (see first chart). Personal income data over the past two years have been sharply distorted by lockdown policies which caused massive layoffs, and government stimulus programs that sent transfer payments skyrocketing. As distortions fade, personal income is returning to […]
https://pricklypear.news/wp-content/uploads/personal-income.png494800Robert Hugheshttps://pricklypear.news/wp-content/uploads/logo_2023.pngRobert Hughes2022-04-10 01:50:582022-04-09 18:31:25Weak Growth for Real Personal Income Excluding Transfers
The Nation is the Heart of the Matter
/in Culture War, Economy, Environment, Featured, Healthcare, Liberty, National Security, Politics/by Christopher DemuthEditor’s Note: This article is based on Mr. DeMuth’s opening address at the European National Conservatism Conference in Brussels, Belgium, on March 23, 2022. February 2020 turned out to be the last month to date of normal life in most of the world. Early in the month, a few cases of what came to be […]
WHOOSH, Dollar’s Purchasing Power Goes to Heck as Services Inflation Takes Off, Food Spikes, Energy Explodes, But Used Cars Finally Stall
/in Economy, Featured, National Security, Politics/by Wolf RichterThe Fed is still pumping fuel on the fire. The Consumer Price Index today – a measure of how fast the dollar and everything denominated in dollars, including labor, lost its purchasing power – is a horror show, the likes of which the majority of Americans have never experienced in their lives. The reality on […]
Do Greedy Countries Have Higher Inflation?
/in Culture War, Economy, Education, Featured, Politics/by Nicolas CachanoskyBlaming high inflation on corporate greed has become a favorite pastime of some prominent politicians. Senator Elizabeth Warren (D-MA) has accused large corporations of driving inflation, a view that is out of sync with the data. More recently, Senator Bernie Sanders (D-VT) joined the chorus. “Corporate greed is Tyson Foods raising the price of beef […]
Giving Our Money Away Again
/in Culture War, Economy, Education, Featured, Liberty, Politics/by Bruce BialoskyPresident Biden thinks his real title is “Spender in Chief,” not Commander in Chief. He is always throwing our money around. It seems every answer he provides has him committing our money without any clear explanation of his authority. His recent failings have caused him to refocus his efforts on a new, but recurring subject […]
The Inherent Contradictions of Socialism
/in Economy, Featured, Politics/by Neland NobelForecasting the economy is always difficult, but the number of external and internal variables associated with this business cycle is unusually complex. Forces of recovery from lockdown and gigantic fiscal and monetary stimulation are colliding with record-high debt, overvaluation in many markets, and severe inflationary pressures that must be dealt with. If that is not enough, […]
Rep. Debbie Lesko Reveals GOP Plan to Lower Gas Prices
/in Arizona News, Economy, Environment, Politics/by Douglas BlairAs gas and other energy prices continue to soar, Americans are desperate for relief. The question is, what does Congress plan to do about it? Rep. Debbie Lesko, a member of the House Energy and Commerce Committee, has some answers on today’s edition of “The Daily Signal Podcast.” Lesko, R-Ariz., pledges that if the GOP […]
The Green Con Job on Energy Independence: Their Dream is Our Nightmare
/in Economy, Environment, Featured, Liberty, Life Advocacy, Politics/by Neland NobelIf there is one thing we can expect from the Green Movement is that it will do its best to mislead the public with very clever public relations. But a lie is a lie, even if cleverly told. This has manifested itself in two ways rather recently. First, they continue to claim that “renewables” specifically […]
German Chemical Giant Warns Of “Total Collapse” If Russian Gas Supply Cut
/in Economy, Environment, Featured, National Security, Politics/by Tyler DurdenCEO of Germany’s multinational BASF SE, the world’s largest chemical producer, has warned that curbing or cutting off energy imports from Russia would bring into doubt the continued existence of small and medium-sized energy companies, and further would likely spiral Germany into its most “catastrophic” economic crisis going back to the end of World War 2. […]
Biden Pledges His U.S. Penalized Energy to Europe
/in Economy, Environment, Featured, National Security, Politics/by Larry BellBiden’s energy policies are even worse than gunning acceleration of a car in stop-and-go traffic … more like trying to move forward with one foot jamming the gas pedal and the other simultaneously clamping down on the brake. What you wind up with is lots of smoke, a burned-out engine, and a vehicle destined to go […]
Weak Growth for Real Personal Income Excluding Transfers
/in Economy, Featured, Politics/by Robert HughesPersonal income rose 0.5 percent in February, according to data from the Bureau of Economic Analysis (see first chart). Personal income data over the past two years have been sharply distorted by lockdown policies which caused massive layoffs, and government stimulus programs that sent transfer payments skyrocketing. As distortions fade, personal income is returning to […]