Paul Kiernan reports on the Fed’s continuation of its stimulative monetary policy in The Wall Street Journal, writing: WASHINGTON—The Federal Reserve held its key interest rate near zero and said it plans to continue supporting the economic recovery, while acknowledging recent progress in growth and employment. Fed officials voted unanimously Wednesday to maintain the central bank’s […]
Biden Should Leave the Economy Alone
Joe Biden, warming up to his first executive job of his career, has called his proposed spending bill an “infrastructure” bill. He also has called it a “jobs” bill, notes James Freeman in the WSJ. Well, it certainly is not a “jobs” bill, according to findings from the Wharton business school, which project economic decay. A new […]
Remind Us Why Washington Needs to Spend $1.9 Trillion
According to the latest monthly employment survey (due out later today) from the National Federation of Independent Business, there is more opportunity and better pay coming our way. The survey of U.S. small-business owners finds: Job growth continued in February. Firms increased employment by 0.34 workers per firm on average over the past few months, […]
Enjoy the Boom While You Can
In a recent false claim, Joe Biden said there is an “overwhelming consensus” of economists supporting the bizarre idea that Washington “can’t spend too much.” “There is not an “overwhelming consensus” among economists that no amount of federal spending is excessive,” counterclaims James Freeman in the WSJ. This column (“Best of the Web”) is often […]
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