Issues & Insights

What We’re Reading: Stimulus Default, Feds Ignore Ohio Disaster, Inflation ‘Surprise’ . . . And More

Some headlines that caught our eye.

What Stimulus Wrought: CBO Says U.S. Heading For Default

US risks default as soon as July, will add $19 trillion to national debt in decade, CBO estimates — ABC News

CBO projects higher unemployment, slow exit from inflation — AP

Federal deficit to rise to $1.4 trillion in fiscal 2023, CBO projects — Washington Examiner

In Other News . . . Major Social Security trust funds could be tapped out by 2033 — Fox Business

Debunking Biden’s Malarkey: 7 Ways He Added $6 Trillion to Deficits — The Daily Signal

Another Inflation ‘Surprise’ Roils Markets As Fed Grows Bearish

Wholesale inflation surges 0.7% in January, more than expected as high prices persist — Fox News

Dow ends 430 points lower after hot inflation data — Market Watch, via MSN

Fed’s Mester saw ‘compelling’ case for 0.50% rate hike this month — Yahoo Finance

Fed’s Bullard says he joined Mester in pushing for a 50 basis-point rate hike at last policy meeting — Market Watch

Ohio Train Disaster: Where Are The Feds?

Why is Biden so Oddly Silent about the Ohio Train Disaster? — American Thinker

Biden Administration refusing to help in East Palestine disaster — Hot Air

‘The people want answers!’ Furious mayor tears into Ohio rail crash company Norfolk Southern — UK Daily Mail

Ohio residents erupt at town hall: ‘Where’s Pete Buttigieg?’ — Fox News

Ohio train derailment: Vance tells Buttigieg to ‘stop blaming Donald Trump’ for chemical disaster — Washington Examiner

FEMA Denies Aid, Biden Silent As Residents Trapped In Toxic Hellhole — Off The Press

Why Are We Suddenly Shooting UFOs Out Of The Sky?

Joe Biden: Three Objects Shot Down Were ‘Most Likely Balloons’ Not Tied to Chinese Surveillance — Breitbart

Biden: UFOs ‘Were Most Likely Balloons Tied to Private Companies, Recreation or Research Institutions’ — CNSNews

Biden also says ‘give me a break’ when asked if he’s compromised by his family’s business dealings — Just The News

Globalism’s Leading Lights: Masters Of Our Universe?

WEF Chairman Klaus Schwab Says Global Governments Must Harness A.I. to Become ‘Masters of the World’ — Breitbart

Elon Musk Warns ‘World Government Summit’ That A Global Government Could Lead to Civilizational Collapse — Caldron Pool

Blue-State Blues: New York, California Still Losing People . . . Fast

New York Lost More Population than California over 2 Years of Pandemic — Breitbart

California’s population dropped by 500,000 in two years as exodus continues — L.A. Times, via MSN

Florida Vs. New York — Powerline

Miscellaneous Stuff . . .

FBI searched University of Delaware for Biden documents, source says — CNN

Hunter Biden’s link to disgraced ex-FBI official Charles McGonigal — NY Post

Sen. Fetterman Checks Into Hospital for Severe Depression — Newsmax

Another train carrying hazardous materials just derailed in Michigan. What is going on? — Not The Bee

Did a Government Intel Asset Plant Key Evidence in Proud Boys Case? — American Greatness

Biden Family Financial Empire Expands to the Middle East — The Stream


We Could Use Your Help

Issues & Insights was founded by seasoned journalists of the IBD Editorials page. Our mission is to provide timely, fact-based reporting and deeply informed analysis on the news of the day -- without fear or favor.

We’re doing this on a voluntary basis because we believe in a free press, and because we aren't afraid to tell the truth, even if it means being targeted by the left. Revenue from ads on the site help, but your support will truly make a difference in keeping our mission going. If you like what you see, feel free to visit our Donations Page by clicking here. And be sure to tell your friends!

You can also subscribe to I&I: It's free!

Just enter your email address below to get started.


I & I Editorial Board

The Issues and Insights Editorial Board has decades of experience in journalism, commentary and public policy.

About Issues & Insights

Issues & Insights is run by the seasoned journalists behind the legendary IBD Editorials page. Our goal is to bring our decades of combined journalism experience to help readers understand the top issues of the day. We’re doing this on a voluntary basis, because we believe the nation needs the kind of cogent, rational, data-driven, fact-based commentary that we can provide. 

We Could Use Your Help

Help us fight for honesty in journalism and against the tyranny of the left. Issues & Insights is published by the editors of what once was Investor's Business Daily's award-winning opinion pages. If you like what you see, leave a donation by clicking on donate button above. You can also set up regular donations if you like. Ad revenue helps, but your support will truly make a difference. (Please note that we are not set up as a charitable organization, so donations aren't tax deductible.) Thank you!
%d bloggers like this: