Council of Economic Advisers Issue Report on The Opportunity Costs of Socialism

Council of Economic Advisers Issue Report on The Opportunity Costs of Socialism

Washington, DC…Today, the Council of Economic Advisers (CEA) released a report outlining the opportunity costs of socialism on the macro economy, including standards of living, and the impact on the Federal budget.  Coincident with the 200th anniversary of Karl Marx’s birth, socialism is making a comeback in American political discourse. Detailed policy proposals from self-declared […]

Governor Brown Closes Global Climate Action Summit: “We’re Launching Our Own Damn Satellite”

Governor Brown Closes Global Climate Action Summit: “We’re Launching Our Own Damn Satellite”

San Francisco, CA…In closing remarks at the Global Climate Action Summit, California Governor Edmund G. Brown Jr. announced that the State of California is teaming up with San Francisco-based Earth imaging company Planet Labs (Planet) to develop and eventually launch a satellite that will track climate change-causing pollutants with unprecedented precision and help the world […]

Household Income Rises to Highest Level Ever & Poverty Drops in Latest Data From the Census Bureau

Household Income Rises to Highest Level Ever & Poverty Drops in Latest Data From the Census Bureau

Washington, DC…The U.S. Census Bureau announced today that real median household income increased by 1.8 percent between 2016 and 2017, while the official poverty rate decreased 0.4 percentage points. At the same time, the number of people without health insurance coverage and the uninsured rate were not statistically different from 2016. Median household income in […]

Sanders, Khanna Introduce Bill to Get Billionaires Off Welfare

Sanders, Khanna Introduce Bill to Get Billionaires Off Welfare

Washington, DC…Bernie Sanders (I-Vt.) and Rep. Ro Khanna (D-Calif.) announced legislation Wednesday to give large, profitable corporations such as Amazon and Walmart a choice: pay workers a living wage or pay for the public assistance programs like Medicaid, food stamps and public housing its low-wage workers are forced to rely on. Low wages cost taxpayers […]

Gross Domestic Product: Second Quarter Revised Up to 4.2% as Economy Rolls On

Gross Domestic Product: Second Quarter Revised Up to 4.2% as Economy Rolls On

Washington, DC…Real gross domestic product (GDP) increased at an annual rate of 4.2 percent in the second quarter of 2018 (table 1), according to the “second” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.2 percent.  The GDP estimate released today is based on more complete source data than […]

Remarks on the UN Human Rights Council From Mike Pompeo & Nikki Haley

Remarks on the UN Human Rights Council From Mike Pompeo & Nikki Haley

Washington, DC…Good afternoon. The Trump administration is committed to protecting and promoting the God-given dignity and freedom of every human being. Every individual has rights that are inherent and inviolable. They are given by God, and not by government. Because of that, no government must take them away. For decades, the United States has led […]

President Trump Proclaims November 19 Through 25, 2017, as National Family Week

President Trump Proclaims November 19 Through 25, 2017, as National Family Week

Washington, DC…During National Family Week, we emphasize the importance of preserving and promoting strong families, the cornerstone of our society. Families are as diverse as our Nation. They often extend beyond moms, dads, and their children, and include adoptive and foster parents, grandparents, and extended relatives. But no matter their makeup, families share a unique […]

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