In ways few analysts have yet to realize, the 2024 presidential campaign is likely to mark a dramatic break from a norm most of institutional Washington has come to take for granted. It’s not just that the coming contest promises to be a brutal or nasty campaign, though that may well be true. It’s not …
The Big Insight: The unique conditions of the post-pandemic economy and federal government policies have created a new kind of inflation that is proving hard to combat. Most Americans were not alive the last time inflation was as high as it is right now. And even for those who were, inflation in 2022 is very different than inflation …
The Big Insight: A premature end to the Title 42 border policy stopping COVID-positive persons who enter the U.S. illegally from remaining would likely lead to a migrant surge that border authorities will be unable to handle. Eleven senators — six Republicans and five Democrats — have introduced legislation to stop the Biden administration from lifting the so-called …
Last week, President Biden announced the release of one million barrels of oil per day from the Strategic Petroleum Reserve (SPR) for the next 180 days, which the White House touted as “the largest release of oil reserves in history.” Although President Biden’s intent is to lower prices at the pump, history shows that any dip in …
The Big Insight: Although the lethal aid provided by the U.S. and its allies to Ukraine has been particularly effective in combating Russian aggression, the Ukrainian government maintains that it still needs access to larger and more powerful weaponry. President Biden in March announced an additional $800 million in military aid to Ukraine, on top of the $650 …
