For nearly 100 million American workers waiting breathlessly for an answer, a Thursday Supreme Court decision delivered good news for many, although not all. In a rare late-day release of opinions, the Supreme Court issued its rulings in a pair of federal vaccine mandate cases that went to the court on an emergency basis. In […]
https://pricklypear.news/wp-content/uploads/scotus.jpg340508Sarah Perry Parshall and Paul Larkinhttps://pricklypear.news/wp-content/uploads/logo_2023.pngSarah Perry Parshall and Paul Larkin2022-01-18 02:00:542022-01-17 07:11:38Unpacking Supreme Court Justices’ Reasoning in Vaccine Mandate Decisions
The rest of the story about race and poverty You probably won’t be surprised by the following poverty rates by race/ethnicity: Asians: 8.1% Non-Hispanic Whites: 8.1% Hispanics: 17.0% Blacks: 19.5% U.S. Average: 11.4% Year: 2021 Source: https://www.federalsafetynet.com/us-poverty-statistics.html You might be surprised, however, by the following absolute numbers of Americans in poverty, especially the last number: […]
https://pricklypear.news/wp-content/uploads/poor-whites.jpg339509Craig J. Cantonihttps://pricklypear.news/wp-content/uploads/logo_2023.pngCraig J. Cantoni2022-01-18 01:50:322022-01-17 06:55:50The Forgotten 15.9 Million People
Inflation rages due to runaway Federal spending by Joe Biden and his Democrat allies. John Williams of Shadow Government Statistics uses the numbers based on how CPI was calculated from 1980 and 2017 (real numbers), before the politicians took out a number of factors that results in the understatement of inflation. For 2021, actual inflation […]
https://pricklypear.news/wp-content/uploads/iStock-513690100_800x442.jpg442800Gary Pollandhttps://pricklypear.news/wp-content/uploads/logo_2023.pngGary Polland2022-01-17 01:50:462022-01-17 07:56:09Biden Brings Us Record Inflation, It Impacts Your Taxes Too
When growing up, “Polack” jokes were all the rage for a while. People would ask me if I were of Polish descent given my last name. I would answer no — that is for names ending in “ski” and not “sky.” I am Lithuanian. That was a made-up fable. Flash forward 40 years when a […]
A wise man during a recent lunch pointed out to me that Republicans and Conservatives often banter about terms, calling Leftists either Socialists or Communists. Mark Levin has an excellent, well-researched, bestselling book out on the subject called American Marxism. But are they really? This very thoughtful and insightful person stated that they really are […]
https://pricklypear.news/wp-content/uploads/640px-Flag_of_Italian_Fascism.svg-1.png427640Bruce Bialoskyhttps://pricklypear.news/wp-content/uploads/logo_2023.pngBruce Bialosky2022-01-14 02:00:162022-01-13 06:55:48They Are Neither Socialists nor Communists
Even most junk bonds have negative “real” yields. And the Fed is still fueling this madness. After a year of brushing off inflation as temporary, while inflation spread deeper and further into the economy, and got worse month after month, the Fed is finally talking about tightening. But so far, it’s just talking about it. […]
https://pricklypear.news/wp-content/uploads/tapering.jpg352489Wolf Richterhttps://pricklypear.news/wp-content/uploads/logo_2023.pngWolf Richter2022-01-14 01:50:242022-01-13 22:50:13Most Reckless Fed Ever: “Real” Federal Funds Rate Now the Most Negative Ever
Arizona Gov. Doug Ducey is reaffirming his commitment to lowering the state’s tax burden. In his final budget address, the Republican governor took the podium in the joint session of the state Legislature on Monday to give special attention to his seven-year record of shrinking and streamlining government. “We will cut taxes,” Ducey said. “It’s […]
https://pricklypear.news/wp-content/uploads/doug-ducey-700x420-1.jpg420700Cole Lauterbachhttps://pricklypear.news/wp-content/uploads/logo_2023.pngCole Lauterbach2022-01-13 06:13:582022-01-13 06:28:03‘We Will Cut Taxes.’ Ducey Lays Out His Final Arizona Budget Priorities
As data on the unintended consequences of pandemic policy becomes gloomier, policy makers are beginning to acknowledge tradeoffs. Government policies meant to curtail the COVID-19 pandemic have resulted in unintended consequences that threaten lives—including, tragically, the lives of young people who are generally spared from the worst effects of COVID-19. School closures, stay-at-home orders, and shutdowns of […]
If we believed our own rhetoric about the climate crisis, support for nuclear would be much higher. If you still needed proof that nuclear energy has returned to the conversation after decades of disfavor, it came with an unexpected celebrity boost last month. Tesla CEO Elon Musk and the Canadian singer Grimes separately used their star power to advocate […]
https://pricklypear.news/wp-content/uploads/nuclear-power-plant-4535760__480.jpg480720Jason Bordoffhttps://pricklypear.news/wp-content/uploads/logo_2023.pngJason Bordoff2022-01-10 01:55:442022-01-08 06:48:203 Reasons Nuclear Power Has Returned to the Energy Debate
An extra-special cocktail of three powerful ingredients with no cherry on top awaits us in 2022. Super-inflated asset prices such as housing, stocks, and bonds; massive inflation; and central banks that have started to react. Many central banks have started pushing up interest rates; others have ended asset purchases. And Quantitative Tightening (QT) – central […]
https://pricklypear.news/wp-content/uploads/interest-rate-money-stack.jpg336512Wolf Richterhttps://pricklypear.news/wp-content/uploads/logo_2023.pngWolf Richter2022-01-09 15:00:062022-01-07 08:04:22What I See for 2022: Interest Rates, Mortgage Rates, Real Estate, Stocks & Other Assets as Central Banks Face Raging Inflation
Unpacking Supreme Court Justices’ Reasoning in Vaccine Mandate Decisions
/in Culture War, Economy, Featured, Healthcare, Liberty, Politics/by Sarah Perry Parshall and Paul LarkinFor nearly 100 million American workers waiting breathlessly for an answer, a Thursday Supreme Court decision delivered good news for many, although not all. In a rare late-day release of opinions, the Supreme Court issued its rulings in a pair of federal vaccine mandate cases that went to the court on an emergency basis. In […]
The Forgotten 15.9 Million People
/in Culture War, Economy, Education, Featured, Politics/by Craig J. CantoniThe rest of the story about race and poverty You probably won’t be surprised by the following poverty rates by race/ethnicity: Asians: 8.1% Non-Hispanic Whites: 8.1% Hispanics: 17.0% Blacks: 19.5% U.S. Average: 11.4% Year: 2021 Source: https://www.federalsafetynet.com/us-poverty-statistics.html You might be surprised, however, by the following absolute numbers of Americans in poverty, especially the last number: […]
Biden Brings Us Record Inflation, It Impacts Your Taxes Too
/in Economy, Featured, Liberty, Politics/by Gary PollandInflation rages due to runaway Federal spending by Joe Biden and his Democrat allies. John Williams of Shadow Government Statistics uses the numbers based on how CPI was calculated from 1980 and 2017 (real numbers), before the politicians took out a number of factors that results in the understatement of inflation. For 2021, actual inflation […]
David Takes on Goliath
/in Economy, Featured, Liberty, National Security, Politics/by Bruce BialoskyWhen growing up, “Polack” jokes were all the rage for a while. People would ask me if I were of Polish descent given my last name. I would answer no — that is for names ending in “ski” and not “sky.” I am Lithuanian. That was a made-up fable. Flash forward 40 years when a […]
They Are Neither Socialists nor Communists
/in Culture War, Economy, Featured, Liberty, Politics/by Bruce BialoskyA wise man during a recent lunch pointed out to me that Republicans and Conservatives often banter about terms, calling Leftists either Socialists or Communists. Mark Levin has an excellent, well-researched, bestselling book out on the subject called American Marxism. But are they really? This very thoughtful and insightful person stated that they really are […]
Most Reckless Fed Ever: “Real” Federal Funds Rate Now the Most Negative Ever
/in Economy, Featured, Liberty, Politics/by Wolf RichterEven most junk bonds have negative “real” yields. And the Fed is still fueling this madness. After a year of brushing off inflation as temporary, while inflation spread deeper and further into the economy, and got worse month after month, the Fed is finally talking about tightening. But so far, it’s just talking about it. […]
‘We Will Cut Taxes.’ Ducey Lays Out His Final Arizona Budget Priorities
/in Arizona News, Economy, Politics/by Cole LauterbachArizona Gov. Doug Ducey is reaffirming his commitment to lowering the state’s tax burden. In his final budget address, the Republican governor took the podium in the joint session of the state Legislature on Monday to give special attention to his seven-year record of shrinking and streamlining government. “We will cut taxes,” Ducey said. “It’s […]
Youth Depression, Suicide Increasing During Pandemic Response
/in Economy, Featured, Healthcare/by Kerry McDonaldAs data on the unintended consequences of pandemic policy becomes gloomier, policy makers are beginning to acknowledge tradeoffs. Government policies meant to curtail the COVID-19 pandemic have resulted in unintended consequences that threaten lives—including, tragically, the lives of young people who are generally spared from the worst effects of COVID-19. School closures, stay-at-home orders, and shutdowns of […]
3 Reasons Nuclear Power Has Returned to the Energy Debate
/in Culture War, Economy, Environment, Featured, National Security, Politics/by Jason BordoffIf we believed our own rhetoric about the climate crisis, support for nuclear would be much higher. If you still needed proof that nuclear energy has returned to the conversation after decades of disfavor, it came with an unexpected celebrity boost last month. Tesla CEO Elon Musk and the Canadian singer Grimes separately used their star power to advocate […]
What I See for 2022: Interest Rates, Mortgage Rates, Real Estate, Stocks & Other Assets as Central Banks Face Raging Inflation
/in Economy, Featured, Politics/by Wolf RichterAn extra-special cocktail of three powerful ingredients with no cherry on top awaits us in 2022. Super-inflated asset prices such as housing, stocks, and bonds; massive inflation; and central banks that have started to react. Many central banks have started pushing up interest rates; others have ended asset purchases. And Quantitative Tightening (QT) – central […]