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S.T. Karnick
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August 21, 2024
Harris Economic Plan Rebrands Democrats’ Old PlaybookVice President and Democrat presidential nominee Kamala Harris outlined her “Agenda to Lower Costs for American Families” in a widely anticipated speech in Raleigh, North Carolina last Friday. Far from being an agenda, with actual costs a...
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August 2, 2024
Economic Indicators Turn from Confusing to OminousFederal Reserve (Fed) chairman Jerome Powell’s Wednesday announcement that the central bank might start lowering interest rates in September sets the stage for a potential reversal of the longstanding pattern of inconsistent and contradictory i...
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June 21, 2024
Supreme Court Shoots Down Judicial Activism in Bump Stock CaseThe U.S. Supreme Court’s recent ruling striking down the Trump-era ban on firearm bump stocks indicates a welcome evolution away from judicial activism and consequentialism and toward legislative supremacy and textualism under Chief Justice Joh...
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May 10, 2024
Protecting Property Rights from SquattersThe rising problem of squatters illegally occupying people’s homes has become so obvious that even the mainstream media have recently been paying some attention to it, and lawmakers are beginning to take action. A survey by the National...
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May 3, 2024
This Economy Does Not Look GoodThe latest economic numbers show a precarious economy suffering the cumulative effects of years of bad economic policy. GDP growth was 1.6 percent in the first quarter of the year, down from 3.4 percent in the fourth quarter of 2023 and 4.9 percen...
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January 21, 2023
The Fed's false memory syndrome sparks recessionsAs this week began, financial markets indicated that investors were regaining confidence in the economy. Now the markets are headed back down. This volatility is based on highly rational fears that the Federal Reserve ...
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November 20, 2021
To stop inflation, cut government spendingPrice inflation has rapidly eclipsed COVID-19 as an economic concern, and with good reason. To combat the problem, it's important to be clear about exactly what is causing it. Federal fiscal policy — taxes and spending —...
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February 7, 2021
Illinois Readies Disastrous Teaching StandardsThe Illinois government is about to decide whether to transform the state’s teachers into a radical political vanguard bent on indoctrinating the state’s children in socialism and undermining academic achievement. Of course, that...
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January 12, 2013
Shrinking Privacy Means Expanding GovernmentWith all the important things going on in the world, it would be easy to overlook the recent news story titled "Kathy Griffin Kisses Anderson Cooper's Crotch." It is worth attending to, however, and applying a bit of analysis. Here's what hap...
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July 20, 2012
Obama's Surprising Tax LogicLike many of his other public pronouncements, President Obama's recent comment about self-made wealthy people -- "If you've been successful, you didn't get there on your own" -- is a truism that actually proves the opposite of what he suggests. ...
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November 12, 2011
Hypocrisy in Media's Penn State StorylineThe Penn State University football scandal has been ugly in a variety of ways, but not all of them are immediately obvious. In particular, the mainstream press, so proud of its progressive views on most moral matters, showed the puritanical str...
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July 25, 2010
The Productive Class and the American AristocracyAs the hostilities between the current government and the Tea Party movement have become increasingly rancorous, the division of American society into two cultures holding thoroughly incompatible worldviews has become obvious. In fact, the two forces...