With declining birth rates and an aging population, Social Security’s fiscal position is worsening by the year. Per the latest OASDI Trustee’s Report, Social Security will have completely drained its…
Economy
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The latest inflation data from the Bureau of Economic Analysis largely confirm market expectations. The Personal Consumption Expenditures Price Index (PCEPI), which is the Federal Reserve’s preferred measure of inflation,…
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In his final days in office, then-president Biden tried to amend the United States Constitution via executive fiat. “The Equal Rights Amendment is the law of the land,” he wrote.…
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The latest inflation data from the Bureau of Economic Analysis largely confirm market expectations. The Personal Consumption Expenditures Price Index (PCEPI), which is the Federal Reserve’s preferred measure of inflation,…
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The FBI has long been considered the most powerful and the most incorrigible federal domestic agency. Yesterday, the Senate Judiciary Committee held a confirmation hearing for Kash Patel, President Trump’s…
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In recent years, I’ve noticed that two words—”but China”— are often used to parry any argument in favor of limited government. We should cut Pentagon spending. “But China…” A free…
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In October 2024, two of the AIER Business Conditions Monthly indicators fell while one remained at neutral levels. The Leading Indicator fell to 58 from 71, returning to the more…
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In November 2024, all three AIER Business Conditions Monthly indicators signaled a parallel shift in economic conditions. The Leading Indicator rose sharply to 79 from 58 in October, moving decisively…
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The American Institute for Economic Research’s Everyday Price Index (EPI), calculated and published monthly, rose 0.12 percent to 288.3 in December 2024. This is the first rise in the index…
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The Federal Open Market Committee announced on Wednesday it would hold its federal funds rate target at 4.25 to 4.5 percent, ending the three-meeting rate-cut streak that began in September…