For central bankers and mainstream analysts, the recent inflation outburst is only a transitory phenomenon that has nothing or very little to do with the massive monetary and fiscal stimuli unleashed during the pandemic. Although the Fed has recently conceded that price pressures are persisting longer than expected, the surge of inflation is allegedly due to supply bottlenecks caused […]
For years, politicians have claimed that the rich weren’t paying their “fair share.” While it’s taken a decade or more for voters to catch wind of the truth, people are finally beginning to realize that the rich actually pay far more than the rest of us. According to Congressional Budget Office figures, the average household […]
https://thepricklypear.org/wp-content/uploads/scaryhands-800x508-1.jpg508800Antony Davishttps://thepricklypear.org/wp-content/uploads/logo_2023.pngAntony Davis2021-10-11 01:00:012021-10-08 06:56:46They’re Coming for You
Evidence is clear that tax hikes, especially those on income, are very harmful to economic growth since they are more distortionary to productive economic activity than other taxes. Income taxes work by reducing the incentive for individuals to work and invest in building capital. Tax hikes come in different shapes and sizes, however. Some factors […]
https://thepricklypear.org/wp-content/uploads/crushing-taxes.jpg348495Martha Njolomolehttps://thepricklypear.org/wp-content/uploads/logo_2023.pngMartha Njolomole2021-10-09 12:55:592021-10-08 09:05:42Biden’s Build Back Better Agenda Would Impose The Country’s Highest Tax Hike Since 1968
Musings and questions from a left-wing socialist who is also a right-wing supremacist. Americans are so divided on immigration and other issues that one risks being typecast as either a left-wing socialist or a right-wing supremacist for daring to send something around that one side or the other dislikes. Given that I believe that both political […]
https://thepricklypear.org/wp-content/uploads/poor-shoe-vesus-rich-shoe.jpg339508Craig J. Cantonihttps://thepricklypear.org/wp-content/uploads/logo_2023.pngCraig J. Cantoni2021-10-09 01:00:212021-10-08 07:08:37Tucson v. Arlington on Immigration and Amazon
Editors’ Note: Since this article was published October 6th at Independent Women’s Forum, Senator Mitch McConnell and ten other U.S. Senators ‘caved’ (on 10/7) to allow Democrats to raise the debt ceiling until December, kicking the ‘can down the road’. This was unnecessary given that even with Biden’s and Schumer’s threat of killing the filibuster, […]
The following is adapted from a speech delivered on July 22, 2021, at Hillsdale College’s Allan P. Kirby, Jr. Center for Constitutional Studies and Citizenship in Washington, D.C., as part of the AWC Family Foundation Lecture Series. In just a few short months, the Biden administration has created a disaster on the southern border of […]
Author: Ian Ona Johnson. Published by Oxford University Press. It would be safe to say that World War I set up the circumstances for The Great Depression and World War II and that World War II set the stage for the Cold War and the growth of the worldwide welfare state. Thus the two wars coming […]
https://thepricklypear.org/wp-content/uploads/IMG_2151-scaled.jpg17072560Neland Nobelhttps://thepricklypear.org/wp-content/uploads/logo_2023.pngNeland Nobel2021-10-07 01:05:522021-10-05 09:35:27Book Review: Faustian Bargain-The Soviet-German Partnership And The Origins of the Second World War
Editor’s Note: It is amusing, if not tragic, that those who complain the most about “inequality”, pursue monetary, fiscal, and tax policies, that make it much worse for the poor. Asset price inflation favors obviously those with the means to own assets: stocks, bonds, and real estate. While inflation is a tax on all of […]
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 […]
https://thepricklypear.org/wp-content/uploads/inflated-dollar.jpg332521Brad Palumbohttps://thepricklypear.org/wp-content/uploads/logo_2023.pngBrad Palumbo2021-10-05 01:00:032021-10-03 21:42:20Inflation Hits 30-Year High According to This Key Metric
After passing a $1.2 trillion infrastructure spending bill on a bipartisan basis — which is filled with liberal spending priorities — Congress is now considering a budget resolution that is the largest tax-and-spend bill in history. If enacted, it would permanently expand government control over almost every aspect of American life, from childcare responsibilities and […]
“Shortages” Aren’t Causing Inflation. Money Creation Is
/in Culture War, Economy, Latest News, Liberty, Politics/by Mihai MacoveiFor central bankers and mainstream analysts, the recent inflation outburst is only a transitory phenomenon that has nothing or very little to do with the massive monetary and fiscal stimuli unleashed during the pandemic. Although the Fed has recently conceded that price pressures are persisting longer than expected, the surge of inflation is allegedly due to supply bottlenecks caused […]
They’re Coming for You
/in Economy, Featured, Liberty, Politics/by Antony DavisFor years, politicians have claimed that the rich weren’t paying their “fair share.” While it’s taken a decade or more for voters to catch wind of the truth, people are finally beginning to realize that the rich actually pay far more than the rest of us. According to Congressional Budget Office figures, the average household […]
Biden’s Build Back Better Agenda Would Impose The Country’s Highest Tax Hike Since 1968
/in Economy, Featured, Liberty, Politics/by Martha NjolomoleEvidence is clear that tax hikes, especially those on income, are very harmful to economic growth since they are more distortionary to productive economic activity than other taxes. Income taxes work by reducing the incentive for individuals to work and invest in building capital. Tax hikes come in different shapes and sizes, however. Some factors […]
Tucson v. Arlington on Immigration and Amazon
/in Arizona News, Culture War, Economy, Education, Politics/by Craig J. CantoniMusings and questions from a left-wing socialist who is also a right-wing supremacist. Americans are so divided on immigration and other issues that one risks being typecast as either a left-wing socialist or a right-wing supremacist for daring to send something around that one side or the other dislikes. Given that I believe that both political […]
Biden Destroying Debt Ceiling Filibuster Breaks Campaign Promise To Restore Decorum
/in Economy, Featured, Politics/by Carrie SheffieldEditors’ Note: Since this article was published October 6th at Independent Women’s Forum, Senator Mitch McConnell and ten other U.S. Senators ‘caved’ (on 10/7) to allow Democrats to raise the debt ceiling until December, kicking the ‘can down the road’. This was unnecessary given that even with Biden’s and Schumer’s threat of killing the filibuster, […]
Hillsdale Imprimis: The Disaster at Our Southern Border
/in Economy, Featured, Healthcare, Liberty, National Security, Politics/by Mark MorganThe following is adapted from a speech delivered on July 22, 2021, at Hillsdale College’s Allan P. Kirby, Jr. Center for Constitutional Studies and Citizenship in Washington, D.C., as part of the AWC Family Foundation Lecture Series. In just a few short months, the Biden administration has created a disaster on the southern border of […]
Book Review: Faustian Bargain-The Soviet-German Partnership And The Origins of the Second World War
/in Economy, Featured, Liberty, National Security/by Neland NobelAuthor: Ian Ona Johnson. Published by Oxford University Press. It would be safe to say that World War I set up the circumstances for The Great Depression and World War II and that World War II set the stage for the Cold War and the growth of the worldwide welfare state. Thus the two wars coming […]
My “Wealth Effect Monitor” for the Money-Printer Economy: Holy Moly, October Update
/in Culture War, Economy, Latest News, Politics/by Wolf RichterEditor’s Note: It is amusing, if not tragic, that those who complain the most about “inequality”, pursue monetary, fiscal, and tax policies, that make it much worse for the poor. Asset price inflation favors obviously those with the means to own assets: stocks, bonds, and real estate. While inflation is a tax on all of […]
Inflation Hits 30-Year High According to This Key Metric
/in Culture War, Economy, Featured, Politics/by Brad PalumboIt’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 […]
What’s Inside The $3.5 Trillion Bernie-Biden Spending Blowout
/in Economy, Featured, Liberty, Politics/by Kelsey BolarAfter passing a $1.2 trillion infrastructure spending bill on a bipartisan basis — which is filled with liberal spending priorities — Congress is now considering a budget resolution that is the largest tax-and-spend bill in history. If enacted, it would permanently expand government control over almost every aspect of American life, from childcare responsibilities and […]