Personal Finance

Some Americans have much higher income and wealth than others. Former President Barack Obama explained, “I do think at a certain point you've made enough money.” An adviser to Rep. Alexandria Ocasio-Cortez who has a Twitter account called “Every Billionaire Is A Policy Failure” tweeted, “My goal for this year is to get a moderator to ask ‘Is it morally appropriate for anyone to be a billionaire…

Latino news networks in the United States exist for one sole reason: to inform Hispanics who prefer watching relevant content in Spanish. As such, it would seem only natural for major economic news directly affecting that viewership to occupy headlines on the nation’s top Spanish-language media outlets. Yet, as MRC Latino has repeatedly noted, the subject is consistently either ignored or under-…

PALM BEACH, FL — While most attention has been focused on immigrants trying to enter the United States over America's southern border, there is legal migration taking place that has been largely ignored, though it may have at least as much economic and political impact as the other. People are moving out of high-tax states to Florida and other states with lower tax burdens.

New York Times political reporter Katie Rogers specializes in fan notes to prominent Democrats, tied the government shutdown to a vintage revolutionary left-wing motif in “A Team of Millionaires Haunted by the Ghost Of Marie Antoinette.” The “Marie Antoinette” vibe could also be detected in Jim Tankersley’s report on Democrat Elizabeth Warren’s confiscatory tax plan: “Warren to Unveil Plan To…

WASHINGTON -- Homelessness is up for the second year in a row. That is no surprise to me. I spent the last few days in New York City, where it seems the homeless are as numerous as the tourists. They are everywhere. Not that they are not numerous in our nation's capital, too. I returned to Washington by the train, and there are areas of Union Station that are as populated with homeless people as…

We are about to find out whether Democrats meant it when they lamented the loss of civility in Washington. Having won the majority in the House of Representatives in Tuesday's election, will they cooperate with Republicans and "reach across the aisle," or will they pander to their base, which wants President Trump's blood? Guess which scenario I'm betting on Rep. Maxine Waters (D-CA), who will…

In describing the GOP tax cuts, House Minority Leader Nancy Pelosi said that they and bonuses American workers were getting were "crumbs." They were "tax cuts for the rich." Some argued that the tax cuts would reduce revenues. Pelosi predicted, "This thing will explode the deficit." How about some tax facts?

Poverty is no mystery, and it's easily avoidable. The poverty line that the Census Bureau used in 2016 for a single person was an income of $12,486 that year. For a two-person household, it was $16,072, and for a four-person household, it was $24,755. To beat those poverty thresholds is fairly simple. Here's the road map: Complete high school; get a job, any kind of a job; get married before…

A rag-tag bunch of 10 protesters calling for the abolition of ICE received feature-coverage treatment on Telemundo, the same network which did not consider the 164,000 Hispanics entering the labor force in June and record-low Hispanic unemployment sufficiently newsworthy to even be mentioned.

Paid Off is a brand-new TV game show that claims to be “working to end the student debt crisis.” The show’s host even told a liberal magazine Paid Off stands on the shoulders of the Occupy Movement, revealing the game show’s tilt to the left on the issue of student loans.

The Canadian government, lining the pockets of its dairy producers, imposes high tariffs on American dairy imports. That forces Canadians to pay higher prices for dairy products. For example, Canadians pay $5.24 for a 10.5-ounce block of cheddar. In Washington, D.C., that same amount of cheddar sells for $3.64. Canadians pay $3.99 for a 1-pound container of yogurt. In Washington, D.C., you can…

Several recent polls, plus the popularity of Sen. Bernie Sanders, demonstrate that young people prefer socialism to free market capitalism. That, I believe, is a result of their ignorance and indoctrination during their school years, from kindergarten through college. For the most part, neither they nor many of their teachers and professors know what free market capitalism is.

Whether America is still racist probably depends on how the term “racism” is being defined in the discussion. Are we talking about official government policies? Are we discussing genetic determinism and innate inferiority? Are we referring more broadly to negative opinions about people from different racial or ethnic backgrounds? Or are we simply talking about people who disagree with us on…

Friday, Fox Business's Maria Bartiromo interviewed Philip Jennings, General Secretary of the UNI Global Union, as he took a break from supposedly helping the downtrodden by attending the World Economic Forum in Davos, Switzerland. Jennings whined that unions can't organize in America because of government and employer obstruction, and brought the host to a boil when he falsely claimed that 62…