The US Bureau of Labor Statistics released new Producer Price Index (PPI) data today, and it’s more bad news for both business owners and consumers.

The PPI is a measure of prices at the production phase of goods and services, and is often an indicator of where consumer prices are headed. Prior to 1978, the index was known as the Wholesale Price Index.

According to the establishment survey of employment, released last week by the Bureau of Labor Statistics, total employment increased, month over month, by 263,000 jobs.

Felix Morley once called federalism “the distinctively American contribution to political art,” because of its potential to limit government’s ability to harm its citizens. Retaining powers not delegated to the federal government in the hands of individuals and states enabled easier escape from abusive government by “voting with their feet” for jurisdictions with less hostile governance, setting a tighter limit on government’s ability to impose burdens that outweighed benefits.

Nothing illustrates the demand for America more than the wave of immigrants risking their safety to enter its shores. Readers are fed a daily diet of negative stories about America’s impending collapse; however, alarmist tendencies conceal the complexity of the American experience. America excels at attracting citizens from across the globe due to its superb ability to mobilize resources and institutions to support individual achievement.