Whenever we have a national conversation about government debt, Democrats invariably respond that spending is not the reason the debt is now nearly equal to our national GDP. The real cause of our indebtedness, they inform us, is that taxes aren't high enough and the rich don't pay their fair share. From increasing the marginal tax rate to more than ...
Every schoolkid knows -- or used to know -- that the United States has three branches of government. At least that's what the textbooks say. But really, we have four branches of government. That's because Congress -- the legislative ...
I have heard some people say that the Federal Reserve has a credibility problem. The agency missed the biggest inflation spike since the 1980s, was slow to start rolling back pandemic policies and failed to spot the risks that some ...
Over the past three years, we reporters learned there were certain things that we weren't allowed to say. Not long ago, in fact, my new video may have been censored. One dangerous idea, we were told, was that COVID might have been ...
Budgets are about priorities. In the Biden administration's new budget, its apparent priorities are marred by problems. Here's the cheat-sheet version: Rather than containing explosive growth in spending, it would use a bunch of new ...
Your flight is delayed? Blame your government. OK, it's not always government's fault. Sometimes it's weather or mechanical problems. But often we suffer horrible flight delays because politicians won't relinquish power. In January, ...
"I have no respect for the passion of equality," Oliver Wendell Holmes Jr., one of America's great jurists, once declared, "which seems to me merely idealizing envy." But envy, and its sister vice, greed, are very much back in fashion ...
Welcome to our regime of political capitalism, where merit matters but political connections matter even more. In an unalloyed capitalist system, money flows to those who offer goods and services of value to consumers. In a political ...
Classified documents are found in Donald Trump's home! Democrats were outraged! Trump is guilty of "mishandling of some of our nation's most sensitive secrets" creating "a national security crisis!" said MSNBC's Chris Hayes and Nicole ...
As President Biden fiddles with abolishing small-bore, annoying “junk fees” charged consumers, enemies foreign and domestic wage war with impunity on Americans. Many years ago, “this column”—when “it” was chairman of the ...
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