Breaking News

IBD

Supreme Court Decision On Rights Was Correct, But Half-Baked

Rule Of Law: The 7-to-2 ruling by the U.S. Supreme Court in favor of a Christian baker who refused to make a custom wedding cake for a same-sex wedding ceremony was a minor victory for religious rights, freedom of speech and freedom of commerce. But …

Read More »

Costco Execs Owe Their Workers A Giant-Sized Apology In Addition To Those Raises

Business and Politics: Costco Wholesale Corp. announced late last week that it’s giving raises to 130,000 employees, thanks to the Trump tax cuts. This is the company, mind you, whose founders openly backed tax-hiking Hillary Clinton for president. Why not admit that they picked the …

Read More »

Was May's Job Report The Best Ever?

Jobs: You have to look really hard at the May employment data to find anything even remotely resembling bad news about the economy. At some point, maybe the mainstream media will notice something’s changed dramatically, and for the better. Businesses added 223,000 jobs for the …

Read More »

Some Inconvenient Truths About Recycling

Environment: It has become an article of faith in the U.S. that recycling is a good thing. But evidence is piling up that recycling is a waste of time and money, and a bit of a fraud. X The New York Times recently reported that, …

Read More »

Trump Plays Dangerous Game Of Chicken With Trade Tariffs

Trade: President Trump’s decision to slap tariffs on steel and aluminum imports from the European Union, Canada and Mexico might be an effective negotiating tool to win further concessions on a trade deal, but it’s not a good economic one. If it leads to a …

Read More »

Italy, EU Instability Roils U.S. Markets — A Sign Of Crisis To Come?

Financial Crisis: U.S. markets have been roiled in recent days by political and economic turmoil in Italy. Is it an overreaction? Not at all. Markets are right to be worried. X Much of the U.S. has been fixated on President Trump’s on-again, off-again decision to …

Read More »

U.S. Back At No. 1 Competitiveness Ranking — Will Trump's Critics Ever Admit To Being Wrong?

Economy: Have Donald Trump’s policies had a big impact on the U.S. economy and its competitiveness? The answer, we think, is an obvious yes. Now comes a new report, based mainly on “hard” data, that confirms that. X The report comes from the IMD Competitiveness …

Read More »

Lost Children? Detention Cages? Baby Prison Bus? Trump's Critics Will Believe Anything

Trump Derangement Syndrome: Over the long weekend, President Trump’s critics were in a sputtering rage over his supposedly losing 1,500 illegal immigrant children, sticking them in cages, and putting others on specially equipped prison buses. Turns out, it was all 100% bogus. X On Sunday, …

Read More »

Calls To Break Up Tech Giants Ignore History

Monopoly: Calls to break up tech giants like Amazon, Facebook and Google have been increasing. But while the sentiment is understandable, the free market is far more likely to tame these giants without any government intervention. X We can remember when everyone was promising that …

Read More »

Partial Dodd-Frank Reform Is Good, Total Repeal Is Better

Dodd-Frank: The repeal of President Obama’s signature financial reform effort by a bipartisan 258-159 margin is a big victory for President Trump. But, while reformed, Dodd-Frank still lives. X First, the bill is an improvement on the job-killing, business-strangling Dodd-Frank law. A Democrat-dominated Congress passed …

Read More »

Send this to a friend