UK Says US Troops Injured by Drone Attack on Base in Iraq as Pentagon Stays Quiet on US Casualties

Measuring Poverty Correctly Reveals A Hard Truth About The Welfare State Authored by Tyler Turman via TheDailyEconomy.org, America has spent more than $20 trillion on fighting poverty since the introduction of President Johnson’s Great Society program in 1964. Sixty years later, how are we doing? That depends, as it turns out, on how you measure it. Last month, Senator Kennedy (R-LA) introduced a bill that would require the Census Bureau to report a new poverty metric as an alternative to the Official Poverty Measure (OPM) by including both cash and non-cash welfare benefits in its calculations. As Kennedy points...

Poll Finds Strong Support For Larger Families Despite Falling US Birth Rates Authored by Savannah Hulsey Pointer via The Epoch Times, Most respondents said having children is important to a fulfilling life, while citing faith, family values, and economic stability as key factors. The question of the declining birth rate in the United States has been weighing on many, including economists and those in the religious sector. As more Americans reach the age of qualification for Social Security, the question of how to meet that demand alone has caused some to question what...

Warsh Tells Congress Fed Has "No Tolerance For Elevated Inflation": Watch His Testimony Live Fed Chair Warsh (voter) will deliver his first semi-annual testimony as Fed Chair to the House. Warsh’ text was e released at 08:30EDT (link here) and he is scheduled to begin his testimony at 10:00EDT. In his prepared remarks, Warsh said policymakers at the central bank have no tolerance for high inflation, reiterating a vow to tame price growth that has been elevated for five years.  “The members of our committee have no tolerance for persistently elevated inflation,” Warsh...