Last week, President Joe Biden declared that it was “vital” for US Steel to remain “domestically owned and operated” as Nippon Steel looks to complete its acquisition of the American company. Michael R. Strain shows why Biden’s protectionist interference has no sound economic or national security basis.
A new updated financial outlook from the Congressional Budget Office projects that public debt will increase to 127 percent of gross domestic product by 2039. Mark J. Warshawsky explains why we could face a fiscal crisis far sooner than this overly optimistic model. Millennials tend to be overly pessimistic about America’s future. Will Rinehart argues that our country’s economic fundamentals, founding principles, and technological dynamism still give us the resources to realize a better tomorrow. The 2024 presidential election will be shaped by unknowns, as there are no historical precedents for a rematch between two men who have both held the office and both happen to be the oldest candidates in history. Matthew Continetti poses four questions that will decide the race, including the impact of Donald Trump’s trials and the candidates’ health. How important is polling showing Republicans gaining unprecedented support among non-white voters? Chris Stirewalt looks to American history to question the logic of characterizing all non-white voters similarly.
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