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- The Iranian Dilemma
- Flat Earth, Round Earth, and the Bible’s Forgotten Clue
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Syndicated Columnists
Washington's Credit Card Price Controls Will Hurt Consumers
- Details
- By Stephen Moore
Why has Sen. Dick Durbin (D-Ill.) declared war on credit cards?
Americans are in love with paying with plastic.
Perhaps too much so -- given that credit card debt now exceeds $1 trillion.
But paying with plastic has become a sort of American pastime -- so popular and convenient (especially reward programs that offer cash-back payments, frequent flyer miles and other discounts) that there are now an estimated 500 million to 1 billion credit cards in circulation and close to another 1 billion debit cards. This means there are multiple more credit and debit cards than there are adults in the U.S.
Is Google Guilty of Being Too Popular With Consumers?
- Details
- By Stephen Moore
You may have heard the Biden Justice Department is suing Google in federal court for being a "monopoly." That's a bizarre charge given that few, if any companies in all American history have lowered prices more than Google -- which provides access to information that used to take hours or days to find -- with merely a click of a button, and instantaneously. And it does it basically for free.
Wait, I thought monopolies are bad because they RAISE prices. Google does the opposite. If you're a consumer and a user of Google searches and you feel aggrieved, raise your hand.
Maybe a Temporary Government Lockdown Is Necessary. The Alternative May Be Worse.
- Details
- By Stephen Moore
What's worse? When politicians shut down the government, or when they lock down businesses, stores, schools, churches and restaurants -- and nearly all private commerce in America?
If you haven't heard, the media and congressional Democrats are near cardiac arrest over the prospect of a government shutdown later this year. They may need smelling salts. How dare Congress shut down our vital government services when they are deadlocked on the budget?
Biden's Killing the American Dream of Homeownership
- Details
- By Stephen Moore
In boasting about Bidenomics two weeks ago in Milwaukee, President Joe Biden declared that his policies are "restoring the American dream." Then he went into his creepy whispering mode and assured us "it's working."
Huh?
Isn't a big aspiration of the American dream owning a home? Biden keeps making first-time homeownership harder for young families for two reasons. One is that the overall jump in inflation and the slower increase in wages and salaries means that homes are more expensive. High home prices benefit those who already own their homes, but much of the increased value is due to general inflation, which reached a high of 9% last year and hurts everyone.
Why Has Biden Declared War on Natural Gas?
- Details
- By Stephen Moore
Natural gas is the world's wonder fuel: cheap, abundant, made in America, reliable AND clean burning.
So why are the Biden administration and environmental groups against it? There's really no good answer.
What makes the Left's war against natural gas inexplicable is that the single biggest factor in reducing carbon emissions into the atmosphere has been the increased reliance on natural gas for electric power generation as we transition slowly away from coal. (By the way, emissions from coal plants have been dramatically reduced as well, which is one reason why the air that we breathe today is much cleaner than the air 20 or 50 or 100 years ago.)
Is It Time to Ban Electric Vehicles?
- Details
- By Stephen Moore
The New York Fire Department recently reported that so far this year there have been 108 lithium-ion battery fires in New York City, which have injured 66 people and killed 13. According to FDNY Commissioner Laura Kavanagh, "There is not a small amount of fire, it (the vehicle) literally explodes." The resulting fire is "very difficult to extinguish and so it is particularly dangerous."
Last year there were more than 200 fires from batteries from e-bikes, EVs, and other devices.
New Banking Regulations Could Sink the Economy
- Details
- By Stephen Moore
Banking is just about the most regulated industry in America. Yet, as we saw with the collapse of Silicon Valley Bank and others in recent months, lenders are not invulnerable to failure due to bad management or unexpected changes in economic conditions.
The inevitable response is for more regulation on all banks. But sometimes regulators can make conditions worse for healthy banks. The most famous example in recent times was when financial regulators urged banks to issue inordinate amounts of new "safe" mortgages leading up to the great financial crisis of 2008, ultimately flooding the financial system with toxic debt.
- Will the Biden Administration Ban Cigars?
- Much of the Hot Air Is Coming From Washington
- Democrats Are Throwing Kids Off the School Bus
- Republicans Must Be the Party of Small Business
- To Reduce Airline Ticket Prices, Expand Washington's Reagan Airport
- Stop Scaring Our Kids to Death
- What's the Matter With Texas Republicans When It Comes to School Choice Legislation?
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