There were breakthroughs and advances before the Industrial Revolution, the American Revolution, and the scientific revolution. What was lacking was a social order capable of generating and then cumulating advances systematically. Systematic social orders require constitutions: systems of rules that channel human energies in pro-social directions.
The U.S. officially climbed out of a recession in April 2020, concluding a pandemic-driven economic contraction that lasted two months, making it the shortest on record.
It is hard to sit by and watch your economy being strangled. Ibram X. Kendi’s book “How to Be an Antiracist” is all the rage now, but the Biden administration and its progressive hangers-on are providing a master class on “How to Be an Anticapitalist” and suck the air out of the economy.
Former Vice President Mike Pence told Breitbart News exclusively that Democrat President Joe Biden’s “bad policy,” including his $1.9 trillion coronavirus aid package and massive new spending proposals under consideration in Congress, could derail economic recovery from the coronavirus pandemic
In a recent op-ed in the Financial Times, El-Erian, who is one of the most widely followed economists, said central banks and markets need to “widen their perspective” to avoid significant damage to the economic and financial system.
The jobs numbers for May hold big implications for the U.S. economy — and for Biden.