In May of this year, gasoline prices spiked to $4.50 a gallon, a 50% increase since the war in Iran began. According to a report from the BLS (Bureau of Labor Statistics), consumer prices rose by 3.8% from April 2025 to April 2026, the highest inflation rate over the last 3 years. According to the same report, energy prices rose by 17.9 percent, largely driven by the current hostilities in the Middle East. Amidst all this, consumer sentiment has hit a new low: (Source: University of Michigan Surveys of Consumers) Something is clearly wrong with the economy, and consumers can…
Author: Vaibhav Sinha
Since 2016, the incumbent political party has lost the Presidency. In fact, Barack Obama was the last President to win two consecutive elections. Before him, both George W. Bush and Bill Clinton were re-elected. From 1992 to 2016, each party held power for eight years, totaling 24 years of alternating leadership. We have now entered a new era. Donald Trump won the Presidency in 2016 with a Republican trifecta but lost to Joe Biden in 2020. The Democrats then lost to Trump again in 2024, and current polling indicates that the GOP may struggle in the 2028 election. What does…
The case against foreign aid has a reasonable premise: to the public, the money is difficult to track, and the outcomes are even more challenging to measure. In a country rife with political division and economic inequality, wherein the middle class is struggling to afford a comfortable life, taxpayers are rightfully skeptical of tens of billions of dollars going towards foreign projects. That money could be used here at home to fix roads, build affordable housing, and invest more in underfunded communities. Why invest abroad when we have so many issues right here in America?The short answer is America does…
During his first term, President Trump, while unorthodox, was moderated by the prospect of re-election, leading him to govern with a degree of restraint. However, with no chance for a third term, that restraint has disappeared. In April 2025, he implemented the highest average tariff rate since 1903. Subsequently, he initiated an aggressive war in Iran that not only drove up gas prices but also left Republicans in disarray, jeopardizing their chances in the upcoming elections. He has alienated allies, made threatening comments about Greenland, and conducted heavy-handed Immigration and Customs Enforcement (ICE) raids that transformed what was once his…