By Rick Manning

By Robert Romano President Donald Trump is currently considering an executive order that will direct the Center for Medicare & Medicaid Services (CMS) to implement a proposed 2018 rule instituting an International Pricing Index for Medicare Part B prescription drugs. The intent is to reduce drug costs for seniors. However, it […]

By Catherine Mortensen California often serves as a cautionary tale for other states with its misguided policy choices informing other governors of what not to do. Most recently, California is under scrutiny for directing billions of dollars in its state retirement pension funds into companies connected to […]

By Robert Romano The Producer Price Index and Consumer Price Index have both recovered dramatically in the month of July, each growing 0.6 percent amid increased demand for oil and gasoline, according to the Bureau of Labor Statistics (BLS). About one-third of the producer price jump and one-quarter of the consumer price increase, […]

By Robert Romano The U.S. economy produced between 1.35 million and 1.8 million jobs the month of July, bringing the total number of jobs created since April when labor markets bottomed with the federal and state governments in lockdown to combat the Chinese coronavirus to between 9.3 million and 10 million. […]

By Rick Manning Socialism is theft.  At their very core, these Marxists believe that they have a right to take the property of others and make it their own without even bothering to compensate the rightful owner in any way.  Thieves, looters, mobsters and some government officials, […]

By Robert Romano U.S. mutual funds and pension funds, including private, state and local government pensions, have invested about $251 billion in Chinese equities and bonds including Hong Kong, according to an Americans for Limited Government estimate of U.S. Treasury data. That is out of a total […]

By Robert Romano The U.S. economy contracted a record-setting, inflation-adjusted, annualized 32.9 percent in the second quarter of 2020 according to the latest data from the Bureau of Economic Analysis as tens of millions of Americans waited out the Chinese coronavirus in their homes, not venturing out much […]

By Robert Romano Senate Republicans are proposing to modify expanded unemployment under the COVID-19 pandemic to remove a perverse incentive for many workers to stay on unemployment rather than return to their jobs after the economy reopens because they are making more money collecting benefits. Originally a stopgap […]

By Robert Romano Another net 930,000 Americans left continued unemployment claims the week of July 11, according to the latest unadjusted data from the U.S. Department of Labor as momentum continues to bring millions of Americans back into the labor force. In the same week, initial unemployment claims […]