The global semiconductor shortage roiling the U.S. automotive industry has become the latest pandemic‐induced supply chain disruption embraced by economic nationalists to justify their preferred trade and industrial policies — policies that would renationalize global supply chains and supposedly improve America’s economic “resilience” during future emergencies. President Biden is also reportedly considering an executive action to address … Continue reading The Global Chip Shortage Doesn’t Demand Supply Chain Nationalism
Since the start of 2021, debates about hosting sites, web services, and social media bans have drawn attention from all sides of the spectrum with some calling foul, citing free speech concerns, while others attest that it is simply warranted ownership control. We have a love-hate relationship with technology that is confounded by ever evolving … Continue reading Why Competition Is the Antidote to Big Tech’s Bad Behavior, Not Politicians
Uncle Sam hit a budget deficit of $163 billion in January, a record high for the month and a $130 billion hike from the deficit in the same month last year. This does not bear well for America’s fiscal health. Not only that, but for the first four months of the 2021 fiscal year, the budget shortfall … Continue reading We Can’t Just Focus on Public Health. Fiscal Health Is Also Vital to Our Nation’s Future.
The New York Times [ Feb. 11] provided an in-depth look at the Biden White House's plans to "transform the economy" through "dramatic interventions to revive U.S. manufacturing" - heavy on economic nationalism, industrial planning, and manufacturing jobs. If that approach sounds familiar, it should: it's essentially the same gameplan that Biden's predecessor used, with the only major … Continue reading Will Biden Repeat Trump’s Automotive Mistakes?
President Biden has abandoned bipartisan compromise and pushed full-steam-ahead to pass his entire sweeping $1.9 trillion COVID-19 spending package. The president’s proposal includes $1,400 “stimulus” checks for more Americans, $350 billion to bail out state and local governments, a renewal of super-charged unemployment benefits through September, money for vaccine distribution, a federal $15 minimum wage, … Continue reading Economists Slam Biden Stimulus as ‘Economically Unjustified’ Plan That ‘Incentivizes Unemployment’
Congress is moving full steam ahead on ramming through a bloated, wasteful, and debt-exploding $1.9 trillion legislative package. Although it’s supposedly justified by the COVID-19 pandemic, most of the spending is designed to appease progressive ideological causes and politically connected interest groups. A prime example is the $57.5 billion currently earmarked for various parts of the transportation industry. While … Continue reading Call Transportation Bailouts What They Are: More Welfare for Labor Unions
One of the most interesting things about the COVID-19 pandemic is the way it has exposed previously existing flaws in so many government institutions. Many of California’s long-standing problems, from housing to the criminal justice system to business regulation have been both exacerbated and highlighted by COVID. In particular, the pandemic has made it difficult to ignore … Continue reading COVID Highlights California’s Education Failures
A couple of years ago, after sending my five-year-old daughter off to school, she came home reciting the same cheerful environmental mantra I was taught in elementary school. “Reduce, reuse, recycle,” she beamed, proud to show off a bit of rote learning. The moral virtue of recycling is rarely questioned in the United States. It … Continue reading America Finally Admits Recycling Doesn’t Work
If a defensive use of a firearm goes unreported in the media and nobody hears about it, does it really count? I’m happy to report that the answer is a resounding “yes,” and I have evidence to prove it. A man who was patrolling his employer’s property to protect it from thieves, confronted by an … Continue reading Watch a Dramatic Use of a Gun in Self-Defense That Didn’t Make News
National conservatives have latched onto the idea that cutting immigration will increase wages despite all of the evidence to the contrary. One of the pieces of evidence they cite most is a 2016 article in the Wall Street Journal that states that wages for construction and farm occupations in Arizona went up by 10 percent and 15 percent, respectively, in the 4 years after Arizona … Continue reading Wages Did Not Rise in Arizona After SB1070