The Covid Panic Brought Even More Economic Zombification
Zombie companies, which were already a problem in 2019, have not only not been killed off but have multiplied. The zombie apocalypse could be closer than we imagine.
Zombie companies, which were already a problem in 2019, have not only not been killed off but have multiplied. The zombie apocalypse could be closer than we imagine.
The new cold warriors are gaslighting the public on military spending, claiming spending isn't "keeping up." They want hundreds of billions in new taxpayer dollars.
Progressives will write the history of covid to hide the mistakes of progressive "experts" and to distance themselves from disastrous or pointless policies. They've done it before.
Here in Canada, the trucker protesters (and their supporters) have been civil and maintained the usual Canadian niceness. This civility has not been reciprocated by the political class.
Price inflation has been accelerating upward since April of last year. Yet the Fed has done virtually nothing. What's the Fed waiting for?
The rise of woke capitalism cannot be sufficiently explained in terms of placating coastal leftists, ingratiating left-liberal legislators, or avoiding the wrath of activists.
What US policymakers should do in the interest of the American people is obvious: stay home, save lives.
With the approval of Biden's infrastructure bill, it now turns out the US government is even in control of a "kill switch" that could disable your car if you are deemed "impaired."
One obstacle to weeding out inflation is the large stock of public debt, which is growing even in countries once known for relative fiscal frugality. This suggests interest rates must be kept low indefinitely.
A reduction in unemployment is not the key factor for economic growth. Rather, it is saving that is instrumental in the expansion and the enhancement of the production structure.