06.12.2018

Cartoon: Free trade for me, none for thee

06.11.2018

Attorney General Jeff Sessions won’t defend the Obamacare individual mandate in court anymore, but Congress shouldn’t depend on it being deemed inseverable from the rest of the law

By Robert Romano Attorney General Jeff Sessions has announced his intention for the Justice Department to no longer defend the Obamacare law’s individual mandate to purchase health insurance in court , in a June 7 letter to House Speaker Paul Ryan. “In National Federation of Independent Business v. Sebelius [in 2012], a majority of the Supreme Court concluded that this requirement […]

06.08.2018

The Social Security and Medicare trust funds are nearly depleted

By Robert Romano 2026. That is when the Medicare Hospital Insurance trust fund will be depleted, according to the Board of Trustees for the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds. That is down from 2029. After that, the share of benefits paid for by revenues will drop until 2039, […]

06.05.2018

Cartoon: Galloping ahead

06.05.2018

Italy seats populist government as Reinhart calls Italian debt restructuring ‘unavoidable’

By Robert Romano Italian President Sergio Mattarella has ended the impasse in Rome and has allowed a new government to be seated , with Giuseppe Conte being sworn in as Prime Minister, the Five-Star Movement’s Luigi Di Maio being named Deputy Prime Minister and Labor Minister and the League’s Matteo Salvini being named to […]

06.04.2018

Why are 33 million working age adults with no disability out of the labor force?

By Robert Romano The U.S. economy added 293,000 jobs in May, according to the household survey published by the Bureau of Labor Statistics , bringing the total to nearly 3.4 million more Americans reporting they have jobs since President Donald Trump took office in Jan. 2017. That averages about 212,000 new jobs every month, to a total of 155.47 […]

06.01.2018

President Trump follows through on steel and aluminum tariff threat against Canada, Mexico and Europe

By Robert Romano He did it. In his continued push for “fair and reciprocal” trade, President Donald Trump has followed through on his promise to impose a 25 percent tariff on steel and 10 percent tariff on aluminum from Canada, Mexico and the European Union. The three had been temporarily excluded from […]

05.31.2018

Congress helped create the domestic rare earth minerals shortage—and now it can fix it

By Printus LeBlanc Last week an unknown Chinese phone company, ZTE, was thrust into the spotlight because of ongoing trade negations and sanctions talk. Members of the Senate and House were up in arms because President Trump was in discussions to lift or modify the […]

05.30.2018

The Italian president just all but guaranteed the anti-euro Five-Star, League will win the next elections

By Robert Romano Depending on your perspective, Italian President Sergio Mattarella has either saved Italy, or sealed its fate. After Italy’s elections resulted in the anti-euro Five-Star Movement and the League banding together with Giuseppe Conte being nominated for Prime Minister by the parties, and Paolo Savona […]

05.24.2018

Socialism keeps failing in Venezuela because the people there keep voting for it

By Natalia Castro Venezuela is a country destroyed by socialism and the most recent election is evidence of the country’s crumbling institutions. Despite growing destitution, hunger, and political unrest, Nicolas Maduro has been re-elected to serve as President of Venezuela. Maduro has extended the reign […]

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