Independent contractors, or “gig workers,” make up about 25% of the U.S. economy with 10% of workers relying exclusively on gig work. But the term “independent” bothers Democrats because, well, they hate “independent” anything. The unions hate independent contractors because they can’t strongarm them to join a union. And […]
DUBAI, United Arab Emirates (AP) – Iran is holding parliamentary elections this Friday, yet the real question may not be who gets elected but how many people actually turn out to vote. Widespread discontent over the cratering economy, years of mass protests rocking the country, and tensions with the West over Tehran‘s nuclear program and […]
Because writing about media bias is one of my main functions here, my workday morning news perusal always begins with The New York Times and The Washington Post. I’m inundated with more water-carrying for the Democrats in the name of journalism before noon my time than most people will experience in a year. For […]
Illegal immigrants add to GDP, so obviously, they are good for the economy. That’s the new spin from the Establishment. Border upside: Surge of illegal immigrants helped U.S. economy avoid recessionhttps://t.co/RHLVZFudOK pic.twitter.com/siexEB8Ac7 — The Washington Times (@WashTimes) February 15, 2024 This, to me, is a bizarre argument, even though, in the narrowest sense, it is […]
President Joe Biden, the quintessential establishment politician, knows how to play the game. He takes credit for good things in which he had no hand and deflects responsibility for problems he has caused. How satisfying, therefore, when reality delivers him a swift and unmistakable correction. Saturday on the social media platform X, the president touted […]
NEWS AND OPINION: “Valentine’s Day is returning to its romantic traditions, with total spending on significant others for the holiday expected to reach a record $14.2 billion,” reports an annual assessment of the heartfelt trends released Jan. 29 by the National Retail Federation and Prosper Insights & Analytics. But wait. Inflation has also arrived for […]
Both chambers of Congress are locked in fierce battles over spending legislation. A “supplemental” package has found bipartisan support in the Senate after the removal of flawed border and immigration provisions. However, its $95 billion price tag—$60 billion of which would go to Ukraine—means there will be stiff resistance in the House. Meanwhile, Congress is […]
Democratic strategist James Carville is famous for saying, “It’s the economy, stupid.” The comic phrase came to being in 1992, when Carville was advising Bill Clinton on his successful run for the White House. What was true 32 years ago is true now. The economy is a major player in political elections. But this year […]
BANGKOK (AP) — Markets in China sank Friday despite a fresh flurry of measures to help prop up the ailing property sector, as the International Monetary Fund forecast that the Chinese economy will continue to slow in coming years. The report by the IMF forecast that the economy would expand at a 4.6% annual pace […]
The news coming out of China’s economy continues to be a very mixed bag. Officially the country met its 5% growth target last year, but Evergrande is on the verge of liquidation, the stock market is down, foreign investment is down and the PMI numbers for January also show factory activity is still contracting. China’s […]
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