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TAG: economy

Biden’s economy is superior in just about every way

In overseeing the American economy, President Joe Biden has shown himself to be an amazing manager. It’s all there in the numbers, especially when placed next to those of his predecessor. And should Biden win a second term and show himself to be not as sharp as he was four years ago, small ...

Greedflation has hit the tipping point

If there was ever proof of “greedflation” — corporations inflating prices just because they can — it’s the price rollbacks many retailers are now touting as “for the customer” in press releases and commercials. Part of the disconnect between how people feel about the economy ...

When Biden and Trump agree, consumers should worry

by Bruce Yandle Joe Biden and Donald Trump agree on at least one thing. I know what you’re probably thinking: a little more consensus might be good for the country. But when we’re talking about both major presidential candidates calling to limit the flow of goods to U.S. consumers, ...

Low-skilled immigrants don’t cost taxpayers money

by Tyler Cowen It’s not often that Paul Krugman and Donald Trump agree. But the Nobel-prize-winning economist and former (and future?) president have both subscribed to the mainstream consensus that, in the short run, less skilled immigrants are a burden on public finances. They may ...

A remedy for inflation’s high tides?

by Bruce Yandle In recent days, the inflation indicators have stubbornly signaled that a high tide of prices is still soaking us consumers. Growing at a 3.5% annual rate in March, the Consumer Price Index has now exceeded expectations for three months hand-running. Once again, ...