The response to anything that doesn’t function optimally has too often been more government, regardless of level and, overwhelmingly since the New Deal, to the benefit of politicians’ electoral prospects.
Category: Federal
Posts relating to the federal government
Trump Advisor Admits Trade War Against China Failed
Trump’s tariffs—in addition to those since imposed by President Joe Biden—continue to raise prices for Americans. In fact, promising great economic results and not achieving them is key to Trump’s record: After announcing the $200 billion deal in the first place, he tweeted that “it will bring both the USA & China closer together in so many other ways.” And of course, Trump’s anti-trade rhetoric was based on the trade deficit between the U.S. and China, which increased as a result of his policies.
https://reason.com/2024/06/19/trump-advisor-admits-trade-war-against-china-failed/
Myths about the U.S. Constitution and Individual Rights That Erode Civil Society
Myth #1: The U.S. Constitution is a contract between the People and the State.
Myth #2: The “common good” exists and it can be discerned.
Myth #3: The State must balance rights when individuals enter society.
Government Data Refute the Notion That Overprescribing Caused the ‘Opioid Crisis’
Yet millions of pain patients have been force-tapered to ineffective dose levels, and thousands of them are dying of medical collapse or suicide, while the DEA continues to persecute their doctors for trying to help them. It is time to evict the DEA from doctors’ examination rooms.
J.D. Vance Thinks U.S. Steel’s Shareholders Weren’t Adequately Warned of J.D. Vance’s Efforts To Block Sale
Where are the limits of federal power? Vance is positing a situation in which the government must grant implicit or explicit approval of every merger and acquisition involving an American company.
Tipping Point: CBO Director’s Warning on America’s Fiscal Path
The CBO projects [interest] payments to the U.S. government’s creditors will rise to $1 trillion in 2026. The U.S. government’s gross interest payments to its creditors started exceeding that level in 2023. If not for a Supreme Court ruling rejecting student loan forgiveness last year, the U.S. government’s net interest costs would soon be nearing that $1 trillion level.
Republicans’ and Democrats’ Refusal To Reform Social Security and Medicare Is Political Malpractice
In 10 years, the programs’ funds will be insolvent. Over the next 30 years, they will run a $116 trillion shortfall.
The AMA Said Trust Your Doctor on Smoking
Money blinds objectivity. When money drives decisions, controverting evidence is ignored, dissenting voices are ridiculed, open debate is suppressed, talking points are distributed, conclusions are delayed, and people die from a product with liability protection.
Wage and Price Controls Are Not the Answer to Inflation
Price controls have been thoroughly debunked by history and economic theory. In fact, one of the first lessons in a standard freshman introductory microeconomics class is explaining how controls on prices (and wages, hereinafter, just “price controls”) cause shortages and surpluses.
Freedom Denied Part 1: How the Culture of Detention Created a Federal Jailing Crisis
In 1987… just 29% of people charged with federal crimes were jailed before trial; the rest were released back to their families. But today, pretrial jailing has become the norm, and we conclude that “the culture of detention” is to blame: