Spending More Taxpayer Money on Foreign Policy Boondoggles Has Solved Nothing
The US government doesn't just blow money in the US. Indeed, the reach of its wasteful spending spans the globe, and Congress seems incapable of stopping it.
The US government doesn't just blow money in the US. Indeed, the reach of its wasteful spending spans the globe, and Congress seems incapable of stopping it.
As the US economy sours, look for a wave of new bankruptcies. The Fed cannot pull any rabbits out of its monetary hat this time.
Read the New York Times (or even National Review) and you'll learn that the budget standoff is between congressional “adults” and right-wing House nutjobs. This is not the case.
With the ouster of Speaker Kevin McCarthy, the House is in chaos, symbolizing the greater chaos that has enveloped Washington. Instead of looking inward, political elites will become even more outwardly violent.
Niccolò Machiavelli, who often is criticized for his views on using political power, understood the dangers of unchecked government spending. Perhaps our own political leaders should read "The Prince."
Read the New York Times (or even National Review) and you'll learn that the budget standoff is between congressional “adults” and right-wing House nutjobs. This is not the case.
From the various compromises pushed by "Beltway Libertarians" to the anti-free market rhetoric of conservative Sohrab Ahmari, government intervention has a lot of new friends. This will not end well.
Free trade has its enemies on the left and the right. However, despite the supposed “sophistication” of their antitrade arguments, when we break them down, those arguments really are sophistry.
Official Washington is shocked—shocked!—at the alleged influence peddling by Senator Robert Menendez. But it is the pursuit of empire and attempts by Washington to meddle everywhere that make such peddling so profitable.
Thanks to government interventionism and regulation, the once-promising gig economy is foundering. It's time to let entrepreneurs be entrepreneurs.