As we approach Thanksgiving, you may have heard (or personally experienced) that the cost of Thanksgiving…
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Stat of the Day: Thanksgiving Costs Up a Record 20%, but Prescription Drug Prices Decline

As we approach Thanksgiving, you may have heard (or personally experienced) that the cost of Thanksgiving dinner this year is up a record 20%.

Meanwhile, guess what's actually declined in price, according to the federal government itself.  That would be prescription drug prices, which declined 0.1% last month alone.

Perhaps the Biden Administration should focus on helping everyday Americans afford Thanksgiving, rather than artificially imposing innovation-killing government price controls on lifesaving drugs, which are actually declining in price and nowhere near the inflation rate afflicting other consumer costs.…[more]

November 17, 2022 • 11:48 AM

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If you think runaway inflation is brutal, wait until you get hit by the cure.  Last week, the Federal Reserve raised the interest rate on money it lends to other banks by .75%, the biggest hike in three decades. Fed Chair Jerome Powell said the hike is necessary to rein in skyrocketing inflation. He's planning more hikes in the coming months. These hikes will lead to increased interest charges on credit cards and higher rates on home equity loans, car loans and mortgages. It's a punch in the gut for people who need to borrow.  Get ready for the interest rates on your credit card to…
 
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Notable Quote   
 
"'I intend to be the most pro-union president leading the most pro-union administration in American history,' President Biden promised last year. At least until a rail strike threatened his poll numbers.Biden is hammering Congress to enact legislation to effectively outlaw a strike next week by 100,000 railroad freight workers. Unions are threatening a work stoppage to compel railroad owners to provide…[more]
 
 
—James Bovard, New York Post
— James Bovard, New York Post
 
Liberty Poll   

Are you staying home or traveling this Thanksgiving?