Economy

In a hell-freezes-over moment, Thursday’s Morning Joe featured something all but unheard of: Joe Scarborough making the case for Trump’s Iran strategy. Discussing the U.S. blockade of Iranian ports along the Strait of Hormuz, Scarborough described what he’s hearing from regional and Trump administration sources as a “growing sense of optimism.” Citing a Gulf ally, Scarborough said that whereas…

Spiking oil prices? Bad Trump! Falling oil prices? Er, also bad Trump! At least, that’s the double-edged sword logic NBC News is attempting to get readers to believe. Their headline read: “Oil prices may be starting to come down for a worrisome reason.”

Child care got expensive -- more than $13,000 per child, per year. So many people want government to pay for it. My state just agreed. New York will fund free child care. Yay! But wait ... what government does isn’t free. Taxpayers pay. And taxpayers pay more because “government rules have unintended consequences,” says Carrie Lukas of the Independent Women’s Forum. Washington, D.C. day care…

Watching the media scurry all over cyberspace to explain away why their TDS-afflicted economic catastrophe forecasts aren’t panning out is like watching a flock of chickens running around with their heads cut off, still clucking about how the sky is falling. Well, the sky just delivered surprisingly tame producer price inflation on the month, despite the ongoing Iran War.

Hide the sharp objects—at least if you take Nicolle Wallace seriously. On Friday’s edition of her Deadline White House, Wallace painted an apocalyptic picture of the situation in Iran—one grim enough to have Trump supporters reaching for the Lexapro—if they believed her.

“Tax the rich!” shout progressives. Why not? America’s richest people are ridiculously rich. “Five bucks to you is like $6 million to billionaire Jeff Bezos!” shrieks Sen. Elizabeth Warren. Taking more from billionaires and millionaires just seems fair. That’s why Washington state passed a new “millionaire’s tax,” California will soon vote on a “billionaire’s tax,” and my mayor in NYC shouts…

While it’s certain to not always be the case, Sunday’s 60 Minutes offered a possible harbinger of things to come if editor-in-chief Bari Weiss is to turn CBS News into a network with journalism that appeals to all Americans. The episode including a lengthy piece blasting California’s high-speed rail boondoggle and then a closing minute from Christian evangelist Franklin Graham about…

Despite ongoing criticism and economic concerns tied to the Middle East conflict, President Trump benefits from stronger-than-expected March job growth and a falling unemployment rate, giving him positive talking points amid public dissatisfaction, as noted with frustration by Politico’s Victoria Guida.

Politicians tax what we earn, regulate what we build and often decide what we can do with our bodies and our money.

I like to think I own myself. But politicians increasingly act as if they do. “People should not have power over other people’s lives,” says Timothy Sandefur, author of the book “You Don’t Own Me.” In my latest video, Sandefur challenges the attitude that “freedom belongs…

Politicians say they can “make the economy work better.” I once believed they could. But years of reporting taught me that politicians’ attempts to “fix” the economy usually make things worse. Twenty years ago, Republicans and Democrats helped create the Great Recession by telling government-backed Fannie Mae and Freddie Mac to buy more peoples’ mortgages because, as President George W. Bush…

On Friday’s CNN This Morning, a Democratic panelist treated $200 billion in Iran war spending as excessive—echoing the party’s familiar line about struggling American families—despite years of Democrats pushing far larger spending on their own priorities.

At the height of the energy crisis in the 1970s, when oil prices more than sextupled, The Economist magazine showed a map of the Persian Gulf on its cover with the headline, “What’s a Nice Thing Like Oil Doing in a Place Like This?” The Iranian miscreants, with whom we are now at war, understand that, although they could care less what their own citizens think, in free countries…

Someone should do a wellness check on The New York Times. Looks like its journos read the portents wrong — AGAIN — on another one of its apocalyptic prognostications on the economic consequences of President Donald Trump taking out the Islamist regime in Iran.

Reporters actually holding the powerful to account for practices detrimental to the U.S. economy should be required TV for any aspiring journalist. Today’s lesson is brought to you by Fox News anchor Bret Baier.