The April jobs report delivered another reminder that the American economy is stronger than the professional pessimists, Wall Street forecasters, and Washington spreadsheet jockeys keep insisting. Nonfarm payrolls rose by 115,000 in April, nearly double the…
For decades, Washington measured economic success by how much America could consume, borrow, import, and outsource. Wall Street got cheap goods. Multinationals got cheap labor. China got our factories. American workers got pink slips, hollowed-out…
Today’s advance estimate of Q1 GDP tells us the Trump economy is growing. Business investment is surging. The private sector is rebuilding. And the federal government is finally being put on a diet. Real GDP rose…
I recently spoke at a conference in Washington hosted by the National Council of Textile Organizations. It was a bittersweet experience.Sweet because during the darkest days of the COVID-19 pandemic, when Americans desperately needed masks, gowns, and…
Crabb. Giardina. Su. Thibault. Toleman. These are five of the principal players in what may prove to be the biggest attempted coup in U.S. history — and Chuck Grassley, chairman of the Senate Judiciary Committee,…
President Trump has recently signed a new proclamation to swiftly accelerate the onshoring of pharmaceutical manufacturing — one of America’s most strategically vulnerable sectors. America’s vulnerability runs across all three stages of the medicine-making process. That…
American families have been getting hammered at the meat counter—and the Department of Justice Antitrust Division (DOJ) says it has found one big reason why: Big Meat, comprising America’s biggest broiler chicken, pork, and turkey processors, used…
The anti-tariff priesthood has delivered yet another paper purporting to expose the folly of Trump’s trade strategy. Exhibit A is the latest National Bureau of Economic Research (NBER) study from Pablo Fajgelbaum and Amit Khandelwal, which tells…
For decades, April 15 has been a day of mourning for America’s blue-collar and middle-class families — the day the taxman takes his annual bite. This year, however, Tax Day feels a lot more like…
March’s producer price report is another reminder that not all inflation is created equal. A commodity-driven jump tied largely to energy is one thing. A generalized inflationary breakout across goods, services, and margins is something…