The Daily Signal

If you need any further evidence on what a menace inflation is, and what a blessing it is when inflation ends, take a look at the latest data on household wealth. After Biden, it is truly impressive how fast the turnaround happened in 2025.

Under Trump, household net wealth jumped more than $9 trillion, or more than 7 percent, even after adjusting for inflation. 

Under Biden’s four years, household net wealth, adjusted for inflation, grew an anemic 2.0 percent. It was, in a word, pathetic.

The great progress by the Trump administration to shrink government spending and the federal workforce, to reduce taxation and regulation, while increasing energy production, have all contributed to faster private-sector wage growth and slower inflation. In fact, it’s been deflation in some cases, meaning certain prices have actually gone down, argues Heritage Foundation chief economist E.J. Antoni on today’s special video commentary. 

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When it comes to Greenland, Trump’s arguments about international trade, geostrategic locations, rare earths, etc., were all ignored by European leaders. In response, Trump threatened additional tariffs on many European countries. When markets opened last week, things turned red.

Those suffering from Trump derangement syndrome couldn’t help themselves and immediately drew the conclusion that the stock market drop was the result of Trump’s harsh negotiating tactics with Greenland.And they were wrong.

To find out why the markets tanked, you need to travel halfway around the world to a country that is “basically running ahead of the U.S. in terms of the life cycle of a debt crisis,” argues Heritage Foundation chief economist E.J. Antoni in today’s special video commentary.

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00:00 Trump's Greenland Strategy and European Resistance

00:25 Market Reactions and Misinterpretations

03:31 Japan's Economic Turmoil and Its Global Impact

05:53 Strategic Importance of Greenland

07:36 Lessons from Japan and Future Implications
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When four black teenagers approached Bernhard Goetz on the New York City subway in 1984, he shot each them “in succession” for fear they were about to mug him.

In an era of high crime, many New Yorkers hailed Goetz as a “hero” for doing what they wished they could do, explains Elliot Williams, CNN legal analyst and author of “Five Bullets: The Story of Bernie Goetz, New York’s Explosive ‘80s, and the Subway Vigilante Trial That Divided the Nation.”  

“New York City in the 1980s was broke and mismanaged… People just generally felt scared… As a result, when there was this somewhat vigilante act, a lot of people felt in New York [that] this guy finally did what needed to be done because the police can’t keep us safe.”
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Former Virginia Attorney General Ken Cuccinelli said a recent state court ruling blocking Democrats’ attempt to advance a redistricting constitutional amendment is firmly rooted in Virginia law and could ultimately be upheld on appeal.

Speaking with The Daily Signal’s Joe Thomas, Cuccinelli said the judge found the amendment process violated state law on three independent grounds, including notice requirements, election timing, and limits on special legislative sessions.

This ruling is “no slam dunk,” however, says Cuccinelli, Virginia’s former attorney general and current national chairman of the Election Transparency Initiative.

“It is not common for a judge to go beyond ruling on one reason to reach an outcome, but the judge, I presume, knows that this is on a tight time schedule. And, in his mind, presumably, there wasn’t time to go up to the Supreme Court and come back down… so he ruled on everything in front of him. So now it goes to the Virginia Supreme Court, and this is no slam dunk.”
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On Tuesday, President Donald Trump signed an executive order to “cut through bureaucratic red tape and speed up reconstruction in the Pacific Palisades and Eaton Canyon areas one year after devastating wildfires destroyed nearly 40,000 acres of homes and businesses.”

Daily Signal California contributor Elaine Culotti explains why his plan to fast-track permits and mobilize builders is critical for families displaced for more than a year in today’s special video commentary. 

“You have to have a plan. And the plan has to get through the process quickly, because that is called momentum. You have to have mobilization. That’s when you start mobilization. And you have to have a schedule of values. That’s the beginning, the middle and the end.

“Donald Trump, thank you so much for doing this. … We need to be able to build. If we want to pay to play, we should be able to do that. If we want to use federal dollars to get it expedited, we should be able to do that. I thank you so much for coming to California. We are so appreciative.”

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