The Conversation Sat 04. 21. 2018.

Reports: North Korean State Media Announced Nuclear Program Shutdown
Frances Martel, Breitbart

North Korea Announced The Suspension Of Nuclear And Missile Tests, But What Does That Really Mean?
Kemberlee Kaye, Legal Insurrection

The Kevin Williamson Saga Reveals The True Colors Of Journalists
Joe Simonson, The Daily Caller

Make the Tax Cuts Permanent [Watch]
The Editors, Natinoal Review

Liberal Senators’ Push to Investigate Sinclair Chilling Attempt To Silence Speech
Armstrong Williams, The Daily Signal

Delusions Of Justice
Joel Kotkin, City Journalo

Barbara Bush's Subversive Secret To Happiness
Andrew Ferguson, The Weekly Standard

What Cowardice Looks Like: More On The Philadelphia Starbucks Controversy
Christopher DeGroot

How North Korea’s Hackers Became Dangerously Good
Timothy W. Martin, The Wall Street Journal

Trump, Don’t Be Fooled, North Korea May Be Laying A Trap For You [Watch]
Harry J. Kazianis, Fox News

Are Republicans Draining Or Filling The Swamp?
Chris Talgo and Lennie Jarratt, , American Thinker

TOTAL LOSERS: DNC Suing Trump Campaign, Russia, And Wikileaks For Colluding To Win 2016 Election
Matt Vespa, Townhall

NY Times Reporter: Male Hillary Clinton Staffers Directed Sexist Comments At Me
Alex Griswold, The Washington Free Beacon

FMC Barometers

FreeMarket Central

Numbers as of last Friday close.

[Total = Federal, state & local
Source: usgovernmentspending.com]

FreeMarket Central What is Gross Output?


Why are these numbers important?

Shadow Stats Snapshot


FreeMarket Central

ShadowStats alternate economic indicators are based on the methodology of noted economist John Williams, specialist in government economic reporting.

  • Unemployment:
    FreeMarket Central BLS: 4.07%
    FreeMarket Central Shadow Stats: 21.7%
  • Inflation:
    FreeMarket Central March Year-to-Year: 2.21% (CPI-U*)
    FreeMarket Central Shadow Stats: 9.9%

*[cpi-u is the Bureau of Labor Statistics inflation rate for all urban consumers]

Wisdom


Government: Rich by Force

There is all of this protesting against corporate power, but in reality, corporations have to persuade you - they could have a ton of money, but actually only government can use force.

-- John Stossel,

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In Search Of History

The Reagan Tax Cuts Worked

Thanks to "bracket creep," the inflation of the 1970s pushed millions of taxpayers into higher tax brackets even though their inflation-adjusted incomes were not rising. To help offset this tax increase and also to improve incentives to work, save, and invest, President Reagan proposed sweeping tax rate reductions during the 1980s. What happened? Total tax revenues climbed by 99.4 percent during the 1980s, and the results are even more impressive when looking at what happened to personal income tax revenues. Once the economy received an unambiguous tax cut in January 1983, income tax revenues climbed dramatically, increasing by more than 54 percent by 1989 (28 percent after adjusting for inflation).

 

-- Daniel J. Mitchell,