Special to WorldTribune.com By Stephen Moore The crisis of the coronavirus-induced economic lockdown and now the violent protests in the streets have unleashed a depression-level financial crisis and unprecedented human suffering — especially in our inner cities. These events have also exposed a Grand Canyon-sized chasm that now separates how the Left and the right […]
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 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 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 […]
Special to WorldTribune.com By Stephen Moore Why are Democrats Sen. Chuck Schumer and House Speaker Nancy Pelosi teaming together to lobby for a tax bill that would provide about 80% of the benefits to Americans who make more than $100,000 a year? Schumer and Pelosi are the ones who, for the last two years, have […]
Special to WorldTribune.com By Stephen Moore First, a full admission about this article: I originally sent a version of it to The Washington Post for publication, but for reasons that will become obvious as you read on, they rejected it. Here’s the backstory. Several weeks ago, I reported on the very large increase in median […]