More - And Less - Of The Same Things

Turns Out the Elites Like The Administrative State Better Than Democracy Authored by William L. Anderson via MisesInstitute, If there is a mantra among progressive American political and media elites, it would be “our democracy,” usually preceded by what they believe to be a threat from the Right. For example, progressives deemed the recent reversal of Roe “a threat to our democracy” because it removed laws regulating abortion from Supreme Court jurisdiction and returned the issue to democratically elected legislatures. It would seem inconsistent to invoke the democratic electoral process to deal with...

Ready For War? New B-21 Raider Activity Spotted Over Mojave Desert There has been increased activity of the B-21 Raider stealth bomber, suggesting the Department of War is on an accelerated path to bring the next-generation bomber platform into service, with the USAF targeting an operational date in 2027. Earlier this month, plane spotters appeared to capture the highly secretive B-21 refueling behind a KC-135R tanker over the Mojave Desert. Nice! You spotted the new baby B-2, the B-21 Raider! Bet you took that photo in Kern County, California 🤠 https://t.co/8gAWbP3xvS pic.twitter.com/zM7uVAIwJU — Cody...

Key Events This Week: CPI, PCE, Durable, FOMC Minutes And More In addition to Iran war developments, this week’s economic calendar will focus on the inflation side of the Fed’s dual mandate following a solid March employment report. The key data releases this week are the February durable goods report on Tuesday, the February PCE report on Thursday, and the March CPI report on Friday. Fed Vice Chair Philip Jefferson will deliver a speech on the economic outlook on Tuesday. The minutes to the FOMC’s March meeting will be released on...