Author: Tiana Lowe Doescher
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Trump made the right call ousting Bureau of Labor Statistics leader, but for the wrong reason
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After six months of haranguing the Federal Reserve to slash the federal funds rate despite a persistently strong economy, President Donald Trump finally got a data point proving his case that the labor market is likely softening. The Bureau of Labor Statistics announced in its July jobs report that, despite the economy adding a net…
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Don’t do it, Don! Investors make clear why Trump shouldn’t try to fire Fed Chairman Jerome Powell
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President Donald Trump’s patience with Federal Reserve Chairman Jerome Powell had reportedly run out over the central bank head’s ignoring White House demands to lower interest rates. The New York Times reported the morning of July 16 that Trump had drafted a letter terminating Powell, whose term expires in 10 months. CNBC reported that House…
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Millions of deaths by a thousand tax cuts? Not quite
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If you haven’t already been killed by the great net neutrality repeal of 2017 or the Title X gag rule of 2019, you’re in luck. For the umpteenth time in the past decade, Democrats are promising that anywhere between tens of thousands and “millions” of people will die because of a Republican domestic priority. This…
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Economic isolation started Iran’s self-inflicted military wounds
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Israel‘s preemptive strikes against arch-enemy Iran, and a tacit green light by the United States to continue, have capped years of aggressive international economic sanctions. Combined with diplomacy, with recent diplomatic efforts to head off Iran’s possession of nuclear weapons, it’s all set the stage for the Iranian regime’s deep vulnerability. This would have been…
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Don’t kill the ‘one big, beautiful bill,’ but do downsize the deficit growth
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Defying the laws of political gravity, House Speaker Mike Johnson (R-LA) wrangled a razor-thin Republican majority to pass the president’s “one big, beautiful bill” by a single-vote margin. The 215-214 score included most House Republicans, ranging from the SALT RINOs, or Republicans in name only, representing blue state districts to Freedom Caucus fiscal hawks. The…
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Trump’s drug price controls are the wrong prescription for a real problem
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President Donald Trump is right that Americans pay too high a price for many pharmaceuticals. In a May 12 speech and signing of an executive order aimed at rectifying the problem, Trump correctly diagnosed the reasons for high prescription drug costs. However, Trump’s legally unenforceable executive order slapping effective price controls on medicines is the…
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How Medicaid reform could pay for Trump’s ‘one big, beautiful bill,’ reverse Bidenflation, and ‘Make America Great Again’
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Where Republicans see the burden of finding the cost-cutting to pay for President Donald Trump‘s “one big, beautiful bill” to extend his signature tax cut law, true conservatives see a once-in-a-congressional-career opportunity to slash federal spending. By wrangling back the worst of the waste, fraud, and systemic abuse of Medicaid by the states, especially states…
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US trade deficits are necessary to protect entitlements
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In the end, it wasn’t the $7 trillion in equities lost after “Liberation Day” that made President Donald Trump pause. He didn’t dither over his congressional consiglieres’ panic over whether the White House‘s impending trade war would jeopardize their crusade to extend the landmark 2017 Tax Cuts and Jobs Act. He didn’t move because of…
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Mike Waltz was right about one thing: Ending Red Sea Houthi attacks is in America’s self-interest
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The group chat that broke Washington has sparked a weeklong war of words between President Donald Trump’s top staff and Jeffrey Goldberg, the liberal editor-in-chief of The Atlantic. He reported in a March 24 blockbuster story that he had been erroneously added to a Signal group chat of top national security officials. Yet, neither side…
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Trouble in Belgrade: Serbia’s embattled president looks to Trump for a lifeline
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BELGRADE — The protests that shut down Serbia’s capital were fiery but mostly peaceful, in no small part due to a police force that understood the entire government’s fate rested on its restraint. “In the end, they destroyed 186 tractors, and the only big fight — they made it between themselves,” Serbian President Aleksandar Vucic…