State Governments Continue to Cut Income Tax Rates

Although the prospect for taxation at the federal level is dismal, given the huge annual budget deficits of over $1 trillion as far as we can predict, the story at the state level is much different. Here’s an excerpt from David R. Henderson, “Cuts in Income Tax Rates Continue,” TaxBytes, Institute for Policy Innovation, […]
Will US inflation continue to slow?

Will US inflation continue to slow? US inflation has slowed consistently over the past year, although declines have moderated in recent months as price pressures in sectors like shelter — which includes rents — have remained high. On Wednesday, the Bureau of Labor Statistics will release its latest consumer price index report, which is forecast […]
US Officials Make Non-Bailout Bailout of Silicon Valley and Signature Bank and Continue Class Warfare

The great unwashed American public is being subjected to yet another round of “Cream for me, crumbs for thee” in the form of a bailout of Silicon Valley Bank, Signature Bank, and the creation of a facility to shore up uninsured deposits at other wobbly institutions. This tender concern for spillover effects in the economy […]
Can the West’s perplexing employment miracle continue?

If you want to see what a world swimming in jobs looks like, visit Japan. At airports people are employed to straighten suitcases after they tumble onto the baggage carousel. Men in uniform with fluorescent batons stand outside construction sites, and politely remind you that walking on to the site is probably not a good […]
OSHA Permanent Rule on Covid Now at the White House for Review, as Beltway Lawyers Work to Continue Biden’s Mass Infection Policy

By Lambert Strether of Corrente. “Always be present in the flesh.” –C.P. Snow, The New Men Patient readers, this post was a little bit slower to arrive than should be, because I got a bright idea for a value-add (see Tables 1 and 2, below) right in the middle of doing a routine aggregation of […]