Special to WorldTribune.com By Stephen Moore Usually, when a CEO severely underperforms peers, he or she is fired or handed a gold watch and given a quick retirement party. In the Democratic Party, a rotten performance is a qualification for the presidency. I’m referring to the bizarre infatuation inside Democratic circles with New York Gov. […]
Special to WorldTribune.com Dennis Prager The idea that the worldwide lockdown of virtually every country other than Sweden may have been an enormous mistake strikes many — including world leaders; most scientists, especially health officials, doctors and epidemiologists; those who work in major news media; opinion writers in those media; and the hundreds of millions, […]
Special to WorldTribune.com By Stephen Moore America’s domestic energy producers are under siege. The price of oil fell to below $5 a barrel on Monday, down from roughly $50 a barrel a year ago. This 90% drop in price is sending nearly the entire oil and gas industry into bankruptcy. What is going on here? […]
Special to WorldTribune.com By Stephen Moore There is nothing worse than the government bailing out private industries. I’ve spent a career opposing corporate welfare giveaways. When an industry gets in financial trouble because of its poor business practices, the owners, shareholders and executives should bear the cost — not the taxpayers. The coronavirus crisis is […]
Special to WorldTribune.com By Stephen Moore In the face of the coronavirus pandemic, everyone should read Robert Higgs’ economic classic “Crisis and Leviathan.” The critical warning of this masterpiece is that government always uses a crisis — from the Civil War to the Great Depression to World War II — to expand power, not only […]
Special to WorldTribune.com By Stephen Moore The U.S. Energy Information Administration just announced some spectacular news that should be banner headlines across the country: The price of natural gas has fallen to its lowest February level in 20 years. The data shows that natural gas prices fell to $1.77 per million British thermal units. In […]
Special to WorldTribune.com By Stephen Moore There’s an old saying about baseball and life that no one ever had a 1.000 batting average. It turns out that’s not exactly true. At least when it comes to the Trump economy, anti-Trumpers defied the near-impossible statistical odds and somehow have batted 1.000 on their predictions. They managed […]
Special to WorldTribune.com By Stephen Moore At the World Economic Forum in Davos, Switzerland, last week, President Donald Trump again talked positively about negative interest rates. That’s not a very good idea considering negative interest rates are a warning signal of deflation, which can be as bad for an economy as runaway inflation. But Trump […]
Special to WorldTribune.com By Stephen Moore Almost all of us know (because President Trump boasts of it in nearly every speech) that our 3.5% unemployment rate has reached a 50-year low. But this official decline in joblessness doesn’t tell the entire story of the improvement in the job market in the United States. And it […]
Special to WorldTribune.com By Stephen Moore Let’s face it: 2019 is going to be a hard year to beat — stocks and 401(k) plans up more than 25% on average, wage gains of 3% to 5%, 7 million surplus jobs and the lowest unemployment and inflation rates in nearly 50 years. That’s a lot to […]