The Conversation Sun 06. 24. 2018.

Media Fail: Trump More Popular Than James Comey And FBI
John Nolte, Breitbart

Report: Taxpayers’ Money Going To Islamic Charity Group With Ties To Terrorist Groups
Eric Liebertman, The Daily Caller

The Big Lie: Leftists Care About Children
Tom Trinko, American Thinker

Confession Of An Anti-GMO Activist
Mark Lynas, The Wall Street Journal

Democrats Face Trouble From Population Losses In High-Tax Blue States [Watch]
Douglas E. Schoen, Fox News

George Will Endorses Nancy Pelosi For Speaker Of The House But Does Anyone Care?
streiff, RedState

The Children’s Crisis Isn’t Working
Scott McKay, The American Spectator

Was Einstein A Racist?
Kyle Smith, National Review

Katie Arrington Injured In Fatal Car Crash, Faces Surgery
Karen Townsend, Hot Air

Macron’s Next Good Fight
Editorial Board, The Wall Street Journal

Seth Rogen Refused To Take A Picture With Paul Ryan [Watch]
Bruce Haring, Deadline via Page Six

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: 3.93%
    FreeMarket Central Shadow Stats: 21.5%
  • Inflation:
    FreeMarket Central May Year-to-Year: 2.46% (CPI-U*)
    FreeMarket Central Shadow Stats: 9.9%

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

Wisdom


Free Thinkers Don't Fear Retaliation For Thoughts

"Free thinkers don't fear retaliation for your thoughts. The traditional thinkers are only using thoughts and words but they are in a mental prison. You are free. You've already won. Feel energized. Move in love not fear. Be afraid of nothing."

-- Kanye West,

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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,