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Biden's misery index

STANFORD  —  Opinion polls show that Americans are gloomy about the current state of the economy, which 68 per cent rate negatively. Not surprisingly, President Joe Biden and his fellow Democrats are focusing on the good news, a low unemployment rate and improved household balance sheets, rather than on the biggest weak spot: inflation.
United States Herbert Hoover Paul Samuelson Mikhail Gorbachev Jimmy Carter Arthur Okun

Biden's misery index

STANFORD  —  Opinion polls show that Americans are gloomy about the current state of the economy, which 68 per cent rate negatively. Not surprisingly, President Joe Biden and his fellow Democrats are focusing on the good news, a low unemployment rate and improved household balance sheets, rather than on the biggest weak spot: inflation.
United States Herbert Hoover Paul Samuelson Mikhail Gorbachev Jimmy Carter Arthur Okun

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Beware the Siren Song of Socialism

Socialism, a socio-economic system of centralized planning, which has been long rejected in our land of liberty, is now tempting many Americans. It is on the lips of pundits and politicians; wealthy and poor; young and old; blacks, whites, and Latinos; people of faith and of no faith—all searching for answers at a time of unprecedented division and uncertainty. Many Americans, especially millennials, blamed the Great Recession of 2008 on the vagaries of free enterprise—notwithstanding that g...
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