Free Republic

The price didn’t just go up. The product went down. This is shrinkflation on steroids. The cost increased. The value didn’t. BRIEFING Grant here. Shrinkflation is everywhere nowadays. It's actually becoming so common that we seem to just almost be throwing up our hands and accepting it. Well, for the most part.... Because this latest video showing what an absolute rip-off the classic McDonald's sundae has become has people pretty darn heated. Let’s break it down. A popular X video shows a woman holding her obnoxiously tiny McDonald’s hot fudge sundae. I mean, it's comically small. It looks like something...

The U.S. government learned last week that it may have reached an unfortunate milestone: The size of its debt surpassed the nation’s total economic output. It was a striking imbalance, according to early estimates, one that the country has experienced only in rare circumstances — briefly during the pandemic, and in the aftermath of World War II. But the development barely seemed to register in the nation’s capital, where few policymakers bothered to acknowledge the latest warning sign about the government’s poor fiscal health. The root of the problem is well-documented and widely known. U.S. debt has soared in recent...

Recently we learned that President Putin is spending more time in bunkers and cracking down on internal security as he fears the possibility of a drone strike or a coup.In addition to seeking to preserve his own personal security, Putin has cracked down on people's personal freedoms by shutting off social media and private messaging accounts and pushing everyone toward Kremlin-monitored accounts.But there are signs that this repression is starting to backfire as people are increasingly willing to oppose Putin publicly. Case in point, Ilya Remeslo, a former Putin supporter who spent years harassing Putin's enemies.Remeslo was once part of...

President Trump signed an executive order Thursday aimed at getting tens of millions of American workers enrolled in retirement accounts. The order further directs the Treasury Department to implement the Federal Saver’s Match program to boost Individual Retirement Account (IRA) savings. Here’s what you need to know about the new accounts and the billions of dollars in federal matching available. Who is eligible? Through the website TrumpIRA.gov – launching in January 2027 – all Americans will be eligible to browse and enroll in “high-quality, low-cost” IRA plans offered by private-sector financial institutions. The plans offered will cater to “American workers...

The national retail average for a regular gallon of gas was $4.457 on Monday. That's a 1-cent increase from Sunday, according to the American Automobile Association, and 35 cents more than last Monday. At this time last year, a gallon of gas was $1.29 cheaper. The surging prices seemed to stabilize or even decrease for about two weeks, following a temporary ceasefire agreement between the U.S. and Iran that has been indefinitely extended. However, the Strait of Hormuz, a vital shipping route where roughly a fifth of the world's oil passes, has effectively remained closed or extremely limited to passage...

For months, I’ve been a bit confused about “affordability,” the latest Democrat meme. Then, early last week, I read a piece about “affordability” and realized: “of course.” Affordability is just the Democrats’ latest excuse for giving out free stuff to their supporters, paid for by you and me. Even though I can’t find the article that I read, I wrote about “affordability” on my Substack.AdvertisementIf you look at the Congressional Progressive Caucus “New Affordability Agenda” you realize that Affordability is not just about free stuff, but something else. “Affordability” is about politicians trying to fix things they screwed up already....

Six months before Election Day, America’s $39 trillion national debt has moved from an abstract fiscal concern to a dinner-table anxiety… A new national survey released Thursday by the Peter G. Peterson Foundation found that 92% of registered voters are concerned that the national debt is fueling inflation and driving up their personal cost of living, including prices for groceries, energy, housing, and transportation. The figure includes 94% of Democrats, 92% of independents, and 89% of Republicans — a degree of bipartisan alignment rarely seen in today’s fractured political environment… The concern extends beyond deficits in the abstract. Eighty-eight percent...

Rep. Chip Roy (R-Texas) on Friday warned that the growing national debt is “a ticking time bomb” and he called on his fellow lawmakers to do “much more.” The U.S. national debt crossed 100 percent of gross domestic product (GDP) at the end of the first quarter, the first time the debt crossed that line since 1946. The debt surpassed $39 trillion in March, a mere five months after it reached $38 trillion. Roy told Fox Business’s Cheryl Casone that the debt is “a ticking time bomb and that some of us have been talking about for a long time.”...

President Trump on Friday addressed seniors at The Villages in Florida and touted his second-term achievements that have made life more affordable for those in their golden years. “I’m much, much younger than the people in this room, but I feel I can relate to you anyway,” the 79-year-old president joked at the world’s largest retirement community, before rattling off policy after policy his administration has pushed to benefit seniors. Trump lauded the “largest tax refunds of all time” received by American seniors this year thanks to his One Big Beautiful Bill Act. **SNIP** The president then tore into former...

Congress mandated in 2021 that all new cars include "advanced impaired driving prevention technology" by 2027. The tech includes infrared cameras that track your eyes, pupil dilation, and driving behavior. NHTSA missed its deadline to finalize rules because no current system meets the required 99.9% accuracy—even that level would strand tens of millions of sober drivers per year. NHTSA admitted in March 2026 that no system meets the legal requirement for reliable operation. The agency stated current detection technology shows "unacceptable error rates," particularly around legal alcohol limits. Here's the math that stopped NHTSA cold: Americans drive about 3 trillion...

SNIP Summary: Trump has instructed aides to prepare for an extended blockade of Iran following a Monday Situation Room meeting, rejecting both a resumption of bombing and acceptance of Iran's current proposal The blockade is aimed at forcing Tehran to dismantle its entire nuclear programme, with Trump demanding at minimum a 20-year suspension of enrichment Iran's three-step proposal to reopen the Strait of Hormuz while deferring nuclear talks was rejected as evidence of bad faith The Strait of Hormuz is seeing its lowest transit levels since the conflict began, driving up energy costs and weighing on Trump's poll numbers ahead...

Fast-rising gas prices lifted the Federal Reserve’s preferred inflation gauge to 3.5% in March, its highest rate in almost three years, new data showed Thursday. The Personal Consumption Expenditures price index rose 0.7% from February, a faster-than-expected acceleration from the previous monthly pace of 0.4%, the Commerce Department reported Thursday. The annual rate of inflation, which jumped from 2.8% in February, is now running at its fastest pace since May 2023. The PCE Price Index is the inflation gauge the Federal Reserve uses for its 2% target rate. The sharp hike in energy prices, an aftershock of the Middle East...

Oil prices jumped more than 5% Wednesday, on a report that President Donald Trump is prepared to keep the U.S. Navy blockade of Iran in place for an extended period. International benchmark Brent crude futures rose more than 5% to $117.58 per barrel at 11:21 a.m. ET, U.S. West Texas Intermediate futures with June delivery rose more than 5% to $105.33 per barrel. Trump has decided in recent meetings to continue the blockade of Iran rather than resume bombing or walk away from the conflict, U.S. officials told The Wall Street Journal. The president has told his aides recently to...

Oil prices have risen after plans for a second round of peace talks between the US and Iran stalled again. Brent, the global benchmark, rose by around 2% to $109.33 (£80.72) a barrel, while US-traded crude also increased by 2% at $96.78. US President Donald Trump said on Saturday that Washington had cancelled plans to send a team to Pakistan for negotiations with their Iranian counterparts. Brent crude has risen by more than 10% since Trump announced last week that he would extend a ceasefire with Tehran to give its leadership a chance to present a "unified proposal".

For months, Kevin Warsh’s path to the Federal Reserve chairmanship ran straight through one Republican senator who refused to budge: Thom Tillis of North Carolina. Tillis had made clear he would block Warsh’s confirmation until the Justice Department dropped what he called an illegitimate criminal probe of current Fed Chair Jerome Powell. On Friday, the DOJ dropped it. On Sunday, Tillis dropped his block. The Senate Banking Committee is now expected to vote Wednesday on Warsh’s nomination. A floor vote could follow before Powell’s term as chair expires on May 15. Tillis had made his position clear since January, when...

Sens. Lisa Murkowski (R-Alaska) and Rand Paul (R-Ky.) broke ranks Thursday morning and voted against a budget resolution that could set the stage for ending the two-month shutdown of the Department of Homeland Security. Murkowski, a senior member of the Senate Appropriations Committee, opposed the budget resolution because it would lay the groundwork for passing a budget reconciliation package to fund Immigration and Customs Enforcement (ICE) and Border Patrol for 3 1/2 years — effectively taking those two key agencies out of the annual congressional appropriations process. Murkowski supports funding those critical immigration enforcement agencies, but she didn’t like that...

The Justice Department on Friday dropped its criminal investigation into Fed Chairman Jerome Powell. This clears the way for Trump’s Fed Chair nominee Kevin Warsh to be confirmed. Senator Thom Tillis vowed to block Trump’s Fed Chair confirmation until the Justice Department dropped its investigation into Powell. US Attorney Jeanine Pirro made the announcement on Friday morning: "This morning the Inspector General for the Federal Reserve has been asked to scrutinize the building costs overruns – in the billions of dollars – that have been borne by taxpayers. The IG has the authority to hold the Federal Reserve accountable to...

President Donald Trump was pressed in the Oval Office on Thursday about gas prices after he said he once worried they could go as high as $200 a barrel due to the war in Iran. A reporter asked if Trump would be willing to accept $200 oil in order to continue the war. “I think that there’s nothing worse than a nuclear weapon that takes out one of your cities, or two of your cities, or three. I think there’s something worse than the nuclear weapon is going to destroy the Middle East, including Israel,” Trump replied, adding: I think...

There’s a new forecast of the Social Security boost retirees should expect in 2027 - and it’s a huge disappointment for the millions of Americans who depend on their bi-monthly benefit checks... Older Americans absolutely rely on this so-called ‘cost of living adjustment’ or COLA, since more than 40 percent of them depend on Social Security alone for all of their retirement income. The new estimate of the forthcoming official 2027 cost-of-living adjustment shows the average Social Security benefit check will only rise by $56, or roughly 2.8 percent. The average benefits check for retired workers would increase to $2,081...

It's a game to watch Watching the media scurry all over cyberspace to explain away why their TDS-afflicted economic catastrophe forecasts aren’t panning out. Take the surprisingly tame inflation on the month, despite the ongoing Iran War. Despite a 4 percent increase on the year, the Bureau of Labor Statistics reported April 14 that the Producer Price Index of wholesale prices increased 0.5 percent month-over-month for March, which was much less than the 1.1 percentage increase forecasted by economists as conflict over the energy-critical Strait of Hormuz ensued. Core prices, which exclude volatile food and energy indicators, also came in...