Entries by Brad Palumbo

More Alarming Inflation Data Undercut the Progressive ‘Greedflation’ Narrative

Estimated Reading Time: 3 minutes

Companies haven’t jacked up prices to even fully match the increase in their costs, let alone exceed them. Another day, another disturbing price inflation metric.   The federal government just released the latest Producer Price Index (PPI), an index that tracks the prices of a basket of the typical inputs businesses rely on, like energy, warehousing, […]

‘Inflation Tax’ Will Cost Families This Many Thousands This Year, Bloomberg Analysis Warns

Estimated Reading Time: 2 minutes

There goes $433 a month from your family’s budget…   Another day, another alarming inflation metric. We just got the numbers for the Personal Consumption Expenditures index (PCE), the Federal Reserve’s favored inflation metric, and they’re jaw-dropping. The PCE hit a 40-year high in February, with the measured prices rising 6.4% year-over-year. What does this […]

10 Absurd Examples of Corrupt Pet Projects and Handouts Congress Slipped Into Its Latest Massive Spending Bill

Estimated Reading Time: 3 minutes

Basically, nobody would support funding these things if they were put to a vote on their own. In a sad commentary on the state of America’s priorities, the $1.5+ trillion spending legislation passed by Congress last week barely made headlines. Little attention was paid to the 2,700-page spending bill or the fact that it was released […]

‘Lockdowns Had Little to No Effect on COVID Mortality’: New Johns Hopkins Study

Estimated Reading Time: 2 minutes

But the costs of these draconian measures weren’t minimal at all. We’re into year three of the COVID-19 pandemic. From mask mandates to vaccine passports, government restrictions on our liberties remain in place. But, thankfully, at least in the US, the era of lockdown orders confining Americans’ to their homes to “slow the spread” is […]

Bracket Creep’: Voters in These 22 States Could See Direct Tax Hikes Due to Inflation, New Analysis Warns

Estimated Reading Time: 2 minutes

If government officials want to raise our taxes, they should, at the very least, have to vote on it and be held accountable. Inflation is often described as a “hidden tax,” because it is driven by policy decisions and erodes citizens’ real purchasing power. But in 22 states, the high consumer price inflation observed over […]

4 Scary Charts Show How Fast the Federal Government is Heading Toward Fiscal Disaster

Estimated Reading Time: 3 minutes

Every day Americans will ultimately pay the price for the federal government’s recklessness. The national debt is rapidly closing in on $29 trillion. The federal government now owes an astounding $228,999 per taxpayer. All the while, politicians in Washington, DC are bickering over whether to spend $4.5 trillion more or “just” $1.5 trillion. Yet almost entirely […]

Inflation Hits 30-Year High According to This Key Metric

Estimated Reading Time: 2 minutes

It’s the biggest annual surge recorded since January 1991—roughly three decades ago.   Left-leaning media coverage has in recent weeks pushed the narrative that inflation is fading. But shocking new inflation numbers released today blow that media spin to smithereens. The Labor Department just released the latest Personal Consumption Expenditures index (PCE), which is the […]

Wall Street Journal: Even Confiscating Entire Wealth of All US Billionaires Couldn’t Pay for Democratic Spending Plans

Estimated Reading Time: 3 minutes

There’s just one problem with Bernie Sanders’ narrative: it’s impossible. From Iowa to Indiana, Senator Bernie Sanders is hitting the road. The Vermont socialist has a simple mission: reach out to rural America and make the case for the $4.5+ trillion government spending plans his allies are trying to push through Congress. The massive spending […]

The Senate Just Approved a Spending Plan 5x the Size of FDR’s New Deal

Estimated Reading Time: 3 minutes

From trillions in COVID-19 spending to a $1+ trillion “infrastructure” bill, the federal government has spent so much taxpayer money over the last year-and-a-half that it beggars belief. You’d think the folks in Washington, DC would have run out of ways to waste our money by now. (How can anyone be this creative?) But Senate […]