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☆ New Jersey Demands That ‘God’s Square Mile’ Open on Sundays
  + stars: | 2023-11-04 | by ( Rachel Chiu | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week’s best and worst from Kim Strassel, Bill McGurn and Dan Henninger. Images: AP/Reuters Composite: Mark KellyNeptune Township, N.J.A religious nonprofit has owned Ocean Grove, a stretch of beach and adjacent property, for more than 150 years. In the 1980s the group relaxed that policy, opening Ocean Grove’s beaches at noon on Sundays between Memorial Day and Labor Day. It’s the only patch of the roughly 130-mile Jersey Shore that’s off limits to bathers on summer Sunday mornings. Now state officials are looking to strip the community of its religious tradition and force the beaches open.
Persons: Kim Strassel, Bill McGurn, Dan Henninger, Mark Kelly Neptune, it’s Organizations: Reuters, Day, Labor, Jersey Shore Locations: N.J, Jersey
☆ Moving the Goal Posts on the Hunter Biden Investigation
  + stars: | 2023-11-03 | by ( Kimberley A. Strassel | ) www.wsj.com   time to read: +1 min
Kimberley Strassel is a member of the editorial board for The Wall Street Journal. She writes editorials, as well as the weekly Potomac Watch political column, from her base in Alaska. Ms. Strassel joined Dow Jones & Co. in 1994, working in the news department of The Wall Street Journal Europe in Brussels, and then in London. She moved to New York in 1999 and soon thereafter joined the Journal's editorial page, working as a features editor, and then as an editorial writer. An Oregon native, Ms. Strassel earned a bachelor's degree in Public Policy and International Affairs from Princeton University.
Persons: Kimberley Strassel, Strassel Organizations: Wall Street, Potomac Watch, Dow Jones & Co, The, Street, Fox, Sunday, Press, Policy, International Affairs, Princeton University Locations: Kimberley, Alaska, Brussels, London, New York, An Oregon
☆ A Big Legal Defeat for the Realtors
  + stars: | 2023-11-01 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week’s best and worst from Kim Strassel, Bill McGurn and Dan Henninger. Images: AP/Reuters Composite: Mark KellyThe National Association of Realtors has objected to our editorials challenging its anti-competitive business model, but what do you know. On Tuesday a federal jury found the Realtors liable under U.S. antitrust laws for conspiring to fix prices in the class-action case Burnett v. NAR. Missouri home sellers challenged a Realtor rule requiring seller agents to provide a blanket offer of compensation to a buyer’s broker to list a home on the association’s affiliated multiple-listing service (MLS). These databases of homes for sale are similar to stock exchanges in that they match brokers and sellers.
Persons: Kim Strassel, Bill McGurn, Dan Henninger, Mark Kelly, Burnett Organizations: Reuters, National Association of Realtors, Realtors, NAR Locations: Missouri
☆ The Return of Taxachusetts
  + stars: | 2023-11-01 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week’s best and worst from Kim Strassel, Bill McGurn and Dan Henninger. Images: AP/Reuters Composite: Mark Kelly‘Affordable housing” is a noble goal and the mother of endless dim policies. The latest counterproductive effort is a push in Massachusetts to fund home construction by taxing home sales. Maura Healey recently gave her blessing to Bay State towns and cities that want to tax home sales. Instead of going into a general fund, the revenue would be set aside to support housing that the state deems affordable.
Persons: Kim Strassel, Bill McGurn, Dan Henninger, Mark Kelly, Maura Healey Organizations: Reuters, Gov, Affordable Locations: Massachusetts, Bay State
☆ Brace for the Wind and Electric-Vehicle Bailouts
  + stars: | 2023-10-30 | by ( Allysia Finley | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week’s best and worst from Kim Strassel, Bill McGurn and Dan Henninger. Images: AP/Reuters Composite: Mark KellyFord assured investors last week that its generous deal with the United Auto Workers wouldn’t threaten its profitability. The same can’t be said of its electric vehicles, which lost $3.1 billion during the first nine months of this year. Those losses will doubtless grow, and anyone who thinks Washington won’t give auto makers another bailout should think again. Last week Munich-based Siemens Energy , one of the world’s top wind manufacturers, said the German government is prepared to extend as much as €16 billion (or $16.9 billion) in state guarantees to rescue it.
Persons: Kim Strassel, Bill McGurn, Dan Henninger, Mark Kelly Ford, Washington Organizations: Reuters, United Auto Workers, Siemens Energy Locations: Munich
☆ State Tax Masochism by the Sea
  + stars: | 2023-10-29 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week’s best and worst from Kim Strassel, Bill McGurn and Dan Henninger. Images: AP/Reuters Composite: Mark KellyOne great benefit of America’s federalist Constitution is policy competition among the states. Voters in Florida don’t have to live under New York’s laws, and Americans and businesses can vote with their feet by moving across state lines. That truth came into focus again last week when the Tax Foundation released its annual ranking of state business tax climates, and there’s a yawning gap between the winners and losers. The worst stack up punishing rates, making new business much more difficult and costly.
Persons: Kim Strassel, Bill McGurn, Dan Henninger, Mark Kelly Organizations: Reuters, Voters, Tax Foundation Locations: Florida
☆ Biden’s Supplemental War Games
  + stars: | 2023-10-27 | by ( Kimberley A. Strassel | ) www.wsj.com   time to read: +1 min
Kimberley Strassel is a member of the editorial board for The Wall Street Journal. She writes editorials, as well as the weekly Potomac Watch political column, from her base in Alaska. Ms. Strassel joined Dow Jones & Co. in 1994, working in the news department of The Wall Street Journal Europe in Brussels, and then in London. She moved to New York in 1999 and soon thereafter joined the Journal's editorial page, working as a features editor, and then as an editorial writer. An Oregon native, Ms. Strassel earned a bachelor's degree in Public Policy and International Affairs from Princeton University.
Persons: Kimberley Strassel, Strassel Organizations: Wall Street, Potomac Watch, Dow Jones & Co, The, Street, Fox, Sunday, Press, Policy, International Affairs, Princeton University Locations: Kimberley, Alaska, Brussels, London, New York, An Oregon
☆ I Backed Trump, but Now I’m for Haley
  + stars: | 2023-10-27 | by ( Andrew Stein | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week's best and worst from Dan Henninger, Mary O’Grady and Kim Strassel. Images: Reuters/AFP/Getty Images/Bloomberg News Composite: Mark KellyI supported Donald Trump twice, but I now think the country would be best served with a different candidate in 2024—Nikki Haley. Mr. Trump did a good job as president, from improving the economy to securing the border and maintaining world peace. But a Trump re-election would be difficult, and half the country will never accept him as president. It would keep us divided while we face international situations that require this country to be unified.
Persons: Dan Henninger, Mary O’Grady, Kim Strassel, Mark Kelly, Donald Trump, — Nikki Haley, Trump Organizations: AFP, Getty, Bloomberg
☆ $8.99 Cereal Could Rock the Globe
  + stars: | 2023-10-25 | by ( William A. Galston | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week's best and worst from Dan Henninger, Mary O’Grady and Kim Strassel. Images: Reuters/AFP/Getty Images/Bloomberg News Composite: Mark KellyThe course of world affairs may depend on the price of a box of cereal. The president is commander in chief of America’s military and the chief steward of its foreign policy. In international affairs, unlike in domestic policy, the president’s choices are often decisive. And when presidential candidates’ visions about foreign affairs fundamentally differ, as they almost certainly will in 2024, the outcome of the election will shape the fate of many nations.
Persons: Dan Henninger, Mary O’Grady, Kim Strassel, Mark Kelly Organizations: AFP, Getty, Bloomberg Locations: U.S
☆ Get Ready for a Short-Lived Economic Boom
  + stars: | 2023-10-24 | by ( Stephen Miran | ) www.wsj.com   time to read: +1 min
Journal Editorial Report: The week's best and worst from Dan Henninger, Mary O’Grady and Kim Strassel. Images: Reuters/AFP/Getty Images/Bloomberg News Composite: Mark KellyThe Bureau of Economic Analysis will release its third-quarter economic-growth estimate Thursday, and expectations are stratospheric. The Atlanta Federal Reserve suggests gross domestic product might have grown at an annual rate of more than 5%. The answer lies in the unexpected loosening of fiscal and monetary policy in 2023. After taking account of the Biden administration’s unsuccessful attempt to forgive student loans, the deficit unexpectedly doubled this year to about $2 trillion, according to the Congressional Budget Office.
Persons: Dan Henninger, Mary O’Grady, Kim Strassel, Mark Kelly The, Biden Organizations: AFP, Getty, Bloomberg, Atlanta Federal Reserve, Congressional
☆ Home Sellers Take On the Realtors Cartel
  + stars: | 2023-10-23 | by ( Allysia Finley | ) www.wsj.com   time to read: +1 min
Journal Editorial Report: The week's best and worst from Dan Henninger, Mary O’Grady and Kim Strassel. Images: Reuters/AFP/Getty Images/Bloomberg News Composite: Mark KellyThe 1.5 million-member National Association of Realtors spent $81.7 million on political lobbying in 2022, more than any other business group. Consider Burnett v. NAR, a federal class-action suit that Missouri home sellers have brought against the association. The case, which went to trial last week, presents an existential threat to the cartel. If the plaintiffs prevail, home buyers and sellers could save $120 billion in fees each year.
Persons: Dan Henninger, Mary O’Grady, Kim Strassel, Mark Kelly, Burnett Organizations: AFP, Getty, Bloomberg, National Association of Realtors, NAR Locations: Missouri
☆ The Auto Makers Cry for EV Mercy
  + stars: | 2023-10-23 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week's best and worst from Dan Henninger, Mary O’Grady and Kim Strassel. Images: Reuters/AFP/Getty Images/Bloomberg News Composite: Mark KellyGeneral Motors last week said it is delaying electric pick-up truck production in Michigan, citing slowing demand for EVs and the need to make them more profitable. But the Biden Administration’s back-door EV mandate is ironically causing trouble for its plans for green-vehicle investment. On Sept. 14, the day before the United Auto Workers launched its strike, the Energy Department sent letters to Ford, General Motors and Stellantis asking for help understanding “specific challenges” to its proposed rule that would reduce the credits under the corporate average fuel economy (Cafe) standards for producing electric vehicles.
Persons: Dan Henninger, Mary O’Grady, Kim Strassel, Mark Kelly General, Biden, Ford, ” Organizations: AFP, Getty, Bloomberg, Mark Kelly General Motors, United Auto Workers, Energy Department, General Motors Locations: Michigan
☆ Another Black Monday May Be Around the Corner
  + stars: | 2023-10-23 | by ( John Greenwood | Steve H. Hanke | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week's best and worst from Dan Henninger, Mary O’Grady and Kim Strassel. Images: Reuters/AFP/Getty Images/Bloomberg News Composite: Mark KellyThe Federal Reserve’s policies are threatening U.S. financial markets and the economy. They are in danger of a steep recession and the risk of a repeat of 1987’s Black Monday. Early in the pandemic, the volume of U.S. dollars in circulation soared. That is more than three times the appropriate rate for hitting the Fed’s 2% inflation target.
Persons: Dan Henninger, Mary O’Grady, Kim Strassel, Mark Kelly Organizations: AFP, Getty, Bloomberg
☆ The House GOP’s Mercenary Caucus
  + stars: | 2023-10-20 | by ( Kimberley A. Strassel | ) www.wsj.com   time to read: +1 min
Kimberley Strassel is a member of the editorial board for The Wall Street Journal. She writes editorials, as well as the weekly Potomac Watch political column, from her base in Alaska. Ms. Strassel joined Dow Jones & Co. in 1994, working in the news department of The Wall Street Journal Europe in Brussels, and then in London. She moved to New York in 1999 and soon thereafter joined the Journal's editorial page, working as a features editor, and then as an editorial writer. An Oregon native, Ms. Strassel earned a bachelor's degree in Public Policy and International Affairs from Princeton University.
Persons: Kimberley Strassel, Strassel Organizations: Wall Street, Potomac Watch, Dow Jones & Co, The, Street, Fox, Sunday, Press, Policy, International Affairs, Princeton University Locations: Kimberley, Alaska, Brussels, London, New York, An Oregon
☆ Gaetz & Co: A Tale as Old as Time
  + stars: | 2023-10-06 | by ( Kimberley A. Strassel | ) www.wsj.com   time to read: +1 min
Kimberley Strassel is a member of the editorial board for The Wall Street Journal. She writes editorials, as well as the weekly Potomac Watch political column, from her base in Alaska. Ms. Strassel joined Dow Jones & Co. in 1994, working in the news department of The Wall Street Journal Europe in Brussels, and then in London. She moved to New York in 1999 and soon thereafter joined the Journal's editorial page, working as a features editor, and then as an editorial writer. An Oregon native, Ms. Strassel earned a bachelor's degree in Public Policy and International Affairs from Princeton University.
Persons: Kimberley Strassel, Strassel Organizations: Wall Street, Potomac Watch, Dow Jones & Co, The, Street, Fox, Sunday, Press, Policy, International Affairs, Princeton University Locations: Kimberley, Alaska, Brussels, London, New York, An Oregon
☆ The Future of the NFL
  + stars: | 2023-10-03 | by ( ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week's best and worst from Kim Strassel, Bill McGurn and Dan Henninger. Images: AP/AFP/Getty Images Composite: Mark KellyEditor’s note: In this Future View, students discuss the National Football League. Next we’ll ask: “Homeland Security data say that more than two million migrants have been apprehended crossing the U.S. border with Mexico in 2023. And that number doesn’t include those who successfully evaded the border patrols. What should America do about this massive influx?” Students should click here to submit opinions of fewer than 250 words before Oct. 10.
Persons: Kim Strassel, Bill McGurn, Dan Henninger, Mark Kelly Editor’s Organizations: Getty, National Football League Locations: U.S, Mexico, New York, Washington, America
☆ The Rise and Fall of SBF
  + stars: | 2023-10-02 | by ( Andy Kessler | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week's best and worst from Kim Strassel, Bill McGurn and Dan Henninger. Images: AP/AFP/Getty Images Composite: Mark KellyI first got to know author Michael Lewis, then of “Liar’s Poker” fame, when in the mid-1990s I took him around Silicon Valley in an old beat-up convertible. I told stories and showed him where the first integrated circuit and microprocessor were invented, plus Xerox Parc and its beanbag chairs, Hewlett Packard and Intel. As we drove around, I shared my history with entrepreneur Jim Clark, his time at Silicon Graphics and early days with Netscape, and of the venture capitalist Glenn Mueller, who committed suicide after being denied access to invest.
Persons: Kim Strassel, Bill McGurn, Dan Henninger, Mark Kelly, Michael Lewis, “, Hewlett, Jim Clark, Glenn Mueller Organizations: Getty, Xerox Parc, Hewlett Packard, Intel, Silicon Graphics, Netscape Locations: Silicon
☆ Tolstoy vs. Trump in 2024
  + stars: | 2023-09-29 | by ( Kimberley A. Strassel | ) www.wsj.com   time to read: +1 min
Kimberley Strassel is a member of the editorial board for The Wall Street Journal. She writes editorials, as well as the weekly Potomac Watch political column, from her base in Alaska. Ms. Strassel joined Dow Jones & Co. in 1994, working in the news department of The Wall Street Journal Europe in Brussels, and then in London. She moved to New York in 1999 and soon thereafter joined the Journal's editorial page, working as a features editor, and then as an editorial writer. An Oregon native, Ms. Strassel earned a bachelor's degree in Public Policy and International Affairs from Princeton University.
Persons: Kimberley Strassel, Strassel Organizations: Wall Street, Potomac Watch, Dow Jones & Co, The, Street, Fox, Sunday, Press, Policy, International Affairs, Princeton University Locations: Kimberley, Alaska, Brussels, London, New York, An Oregon
☆ The Best and Worst Dressed Senators
  + stars: | 2023-09-28 | by ( Joseph Epstein | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week's best and worst from Kim Strassel, Mene Ukueberuwa and Kyle Peterson. Images: AP/Getty Images/Zuma Press Composite: Mark KellyWhen I began teaching at Northwestern University half a century ago, I had to decide what to wear to work. Fifteen or so years before, the question would never have arisen. I would have worn a suit or sport jacket and pleated trousers, always a tie. That was before the 1960s, revolutionary in so many ways, including how professors could dress.
Persons: Kim Strassel, Mene Ukueberuwa, Kyle Peterson, Mark Kelly Organizations: Getty, Northwestern University
☆ The Biden-Schumer Military-Promotion Blockade
  + stars: | 2023-09-22 | by ( Kimberley A. Strassel | ) www.wsj.com   time to read: +1 min
Kimberley Strassel is a member of the editorial board for The Wall Street Journal. She writes editorials, as well as the weekly Potomac Watch political column, from her base in Alaska. Ms. Strassel joined Dow Jones & Co. in 1994, working in the news department of The Wall Street Journal Europe in Brussels, and then in London. She moved to New York in 1999 and soon thereafter joined the Journal's editorial page, working as a features editor, and then as an editorial writer. An Oregon native, Ms. Strassel earned a bachelor's degree in Public Policy and International Affairs from Princeton University.
Persons: Kimberley Strassel, Strassel Organizations: Wall Street, Potomac Watch, Dow Jones & Co, The, Street, Fox, Sunday, Press, Policy, International Affairs, Princeton University Locations: Kimberley, Alaska, Brussels, London, New York, An Oregon
☆ Why an Impeachment Inquiry
  + stars: | 2023-09-15 | by ( Kimberley A. Strassel | ) www.wsj.com   time to read: +1 min
Kimberley Strassel is a member of the editorial board for The Wall Street Journal. She writes editorials, as well as the weekly Potomac Watch political column, from her base in Alaska. Ms. Strassel joined Dow Jones & Co. in 1994, working in the news department of The Wall Street Journal Europe in Brussels, and then in London. She moved to New York in 1999 and soon thereafter joined the Journal's editorial page, working as a features editor, and then as an editorial writer. An Oregon native, Ms. Strassel earned a bachelor's degree in Public Policy and International Affairs from Princeton University.
Persons: Kimberley Strassel, Strassel Organizations: Wall Street, Potomac Watch, Dow Jones & Co, The, Street, Fox, Sunday, Press, Policy, International Affairs, Princeton University Locations: Kimberley, Alaska, Brussels, London, New York, An Oregon
☆ Indexing Is Still the Best Bet for Investors
  + stars: | 2023-09-14 | by ( Burton G. Malkiel | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week's best and worst from Kim Strassel, Kyle Peterson and Dan Henninger. Images: Zuma Press/EPA/Shutterstock Composite: Mark KellyActive portfolio managers claim that agile stock picking is the best way to invest. Many have lately argued that simple indexing is a bad strategy in today’s environment because the stock market is dangerously “narrow.” Seven stocks—Alphabet, Amazon , Apple , Meta , Microsoft , Nvidia and Tesla—constitute close to 20% of the S&P 500’s value and have been responsible for almost 90% of the index’s gains this year. Now these “Magnificent Seven” are beginning to falter. The simple index investor, the active managers warn, will soon be overly concentrated in a small number of stocks that are overpriced and have been hyped by the promise of artificial intelligence.
Persons: Kim Strassel, Kyle Peterson, Dan Henninger, Kelly Organizations: Zuma Press, Apple, Meta, Microsoft, Nvidia, Tesla
☆ Makers vs. Taylor Swift Shakers
  + stars: | 2023-09-11 | by ( Andy Kessler | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week's best and worst from Kim Strassel, Kyle Peterson and Dan Henninger. Images: Zuma Press/EPA/Shutterstock Composite: Mark Kelly“I think Taylor Swift is great for the soft landing,” Columbia Business School economist Brett House declared in the New York Times . Not wanting a recession, I almost rushed out and bought $1,000 tickets and $25.99 friendship bracelets, but then I remembered that isn’t how the economy works. There are two sides of the economy: the productive side and the spend side. We have makers and, appropriate to Swifties, shakers.
Persons: Kim Strassel, Kyle Peterson, Dan Henninger, Mark Kelly “, Taylor Swift, Brett House Organizations: Zuma Press, Columbia Business School, New York Times
☆ The 4 key reasons why the UAW could strike GM, Ford and Stellantis this week
  + stars: | 2023-09-11 | by ( Chris Isidore | ) edition.cnn.com   time to read: +9 min
He admits the union’s demands are “ambitious” but he insists they’re justified given the automakers’ strong profits in recent years. The automakers have balked at most of the union’s demands, according to the UAW. RaisesThe union demands an immediate 20% raise, and then four additional raises of 5% each. The UAW wants a return of traditional pension payment plans and retiree health care for all UAW members. GM put the cost of the six-week strike by the UAW in 2019 at $2.9 billion.
Persons: Shawn Fain, they’re, Fain, ”, Wheaton, It’s, Patrick Anderson, Anderson, ” Anderson, “, ” Wheaton, Cornell’s Wheaton, ’, What’s, Gavin Strassel, Walter Reuther Organizations: New, New York CNN, United Auto Workers, UAW, Ford, Jeep, Dodge, Chrysler, Cornell University’s, Industrial and Labor Relations, GM, Anderson Economic Group, Pensions, Workers, Big Three, Anderson Economic, Walter, Walter Reuther Library, Wayne State University, Hollywood Locations: New York, Buffalo, Michigan, Wheaton, Belvidere , Illinois, Stellantis, Ohio, Detroit
☆ Biden Plays Disaster Politics
  + stars: | 2023-09-08 | by ( Kimberley A. Strassel | ) www.wsj.com   time to read: +1 min
Kimberley Strassel is a member of the editorial board for The Wall Street Journal. She writes editorials, as well as the weekly Potomac Watch political column, from her base in Alaska. Ms. Strassel joined Dow Jones & Co. in 1994, working in the news department of The Wall Street Journal Europe in Brussels, and then in London. She moved to New York in 1999 and soon thereafter joined the Journal's editorial page, working as a features editor, and then as an editorial writer. An Oregon native, Ms. Strassel earned a bachelor's degree in Public Policy and International Affairs from Princeton University.
Persons: Kimberley Strassel, Strassel Organizations: Wall Street, Potomac Watch, Dow Jones & Co, The, Street, Fox, Sunday, Press, Policy, International Affairs, Princeton University Locations: Kimberley, Alaska, Brussels, London, New York, An Oregon
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