As Senators Joe Manchin (D - West Virginia) and Kyrsten Sinema (D - Arizona) betray their "moderate"…
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Image of the Day: As Senate Debates Latest Manchin-Schumer "Build Back Better" Iteration, Prescription Drug Prices Aren't the Inflationary Problem

As Senators Joe Manchin (D - West Virginia) and Kyrsten Sinema (D - Arizona) betray their "moderate" charade and join Senate Majority Leader Chuck Schumer's (D - New York) latest tax-and-spend monstrosity, we've highlighted the preposterousness of the claim that imposing drug price controls will in any way address out-of-control inflation.  Price controls will kill innovation, but do nothing to reduce inflation, because prescription drug prices simply aren't the problem.  Once again, economist Steve Moore offers a handy illustration of that truth:

[caption id="" align="alignleft" width="677"] Prescription Drug Costs Aren't the Problem[/caption]…[more]

August 05, 2022 • 01:26 PM

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Jester's Courtroom Legal tales stranger than stranger than fiction: Ridiculous and sometimes funny lawsuits plaguing our courts
It's Not a Loophole Just Because Dems Don't Like It
By David Harsanyi
Friday, August 05 2022
While peddling the ludicrously named Inflation Reduction Act on CNN this past week, Sen. Joe Manchin claimed that Democrats were merely trying to "close the loopholes and collect the taxes that are owed to the Treasury and the United States people." In Washington, a "loophole" is a euphemism for a perfectly legal policy that Democrats have decided they want to regulate or tax. The word "loophole" suggests that some ambiguous wording or omissions in the text of a bill have allowed people to exploit the law. Few of the Democrats' "loopholes" meet this definition.…
 
Manchin Flip-Flops on “Build Back Better” Tax Increases
With Americans increasingly desperate for a life preserver, Senator Joe Manchin (D – West…
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The Washington Fantasy World
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The Democrats' Lifespan Reduction Act
Across the pond, Brits are demanding their next prime minister do something to reduce the U.K.'s notorious…
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Why We Lost Trust In the Expert Class
For years, European policymakers had assured the world that the relatively rapid "transition"…
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The Dems' New Proposal Does Nothing to Lower Inflation
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Five months after Russia invaded Ukraine, the war is now reduced to one of attrition. The current dirty…
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Biden’s Weakness Invited Putin’s Aggression
Joe Biden’s shopworn habit of scapegoating Vladimir Putin for consumer inflation and higher gas…
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D.C. Feels Sting of Biden Border Policy
Recently, this column focused on the Biden administration's practice of allowing illegal border crossers…
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Biden Has No Right To Declare a National Climate Emergency
The Washington Post reported Monday night that President Joe Biden is "considering whether to declare…
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Drug Prices Remain Moderated, but Democrats Nevertheless Push Destructive Price Controls
A year ago this week, Joe Biden went on record dismissing inflation – which had quadrupled from…
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Quiz Question   
Taiwan first came under full Chinese control in what century?
More Questions
Notable Quote   
 
"The official word so far that the FBI raided Donald Trump's compound at Mar-a-Lago looking for classified documents stands in sharp contrast to the way the bureau and Justice Department acted seven years ago when similar questions arose about Secretary of State Hillary Clinton's email.Back then in the summer of 2015, there was no raid of Mrs. Clinton's home in Chappaqua, N.Y., where the server has…[more]
 
 
—John Solomon, Chief Executive Officer and Editor in Chief of Just the News
— John Solomon, Chief Executive Officer and Editor in Chief of Just the News
 
Liberty Poll   

Do you believe the tax increases and hundreds of billions of dollars in new spending in the so-called ‘Inflation Reduction Act of 2022’ - negotiated behind closed doors by Senators Manchin and Schumer - will increase or decrease inflation if passed?