Bloomberg: Venezuela Turns to Privatization After Being Bankrupted by Socialism

Early in 2007, after winning a second six-year term as president, Hugo Chávez announced his plan to nationalize Venezuela’s largest telecommunications company, CANTV, hinting at wider nationalization plans to come. “All that was privatized, let it be nationalized,” announced Chávez, who had run under the banner of democratic socialism. Nearly a decade and a half … Continue reading Bloomberg: Venezuela Turns to Privatization After Being Bankrupted by Socialism

Economists Slam Biden Stimulus as ‘Economically Unjustified’ Plan That ‘Incentivizes Unemployment’

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’

Why the Real Villain of 2020 Was Big Government

The disaster that was 2020 is finally over. Now it’s time for the inevitable post-mortems. First and foremost, the COVID-19 pandemic posed enormous challenges to American institutions, and continues to do so. Frankly, we were not prepared. We need to diagnose what went wrong, so that we are never caught unaware like this again. Fortunately, … Continue reading Why the Real Villain of 2020 Was Big Government

She’s Been on the Ground Covering Portland Protests. Here’s What She’s Seen.

Shelby Talcott, a reporter for The Daily Caller, has been covering protests and riots in the weeks since the death of George Floyd, including in Seattle and Washington, D.C. She most recently has spent time in Portland, which has become extremely violent. She joins The Daily Signal Podcast to discuss what she has seen and … Continue reading She’s Been on the Ground Covering Portland Protests. Here’s What She’s Seen.

Biden’s New Economic Plan Has All the Earmarks of Type 2 Socialism

Joe Biden revealed on Thursday the first part of “Build Back Better,” his plan for economic recovery from the COVID crisis. As Morning Brew reports, Biden plans to spend: $300 billion on “R&D for advanced tech industries such as batteries, electric vehicles, AI, and 5G,” and $400 billion “on U.S. goods and services. Biden wants … Continue reading Biden’s New Economic Plan Has All the Earmarks of Type 2 Socialism