Five Issues with Biden’s Supply Chain Plan

The ever‐​fading hope that a Biden administration would look fondly on free trade is becoming more of a free trader’s dying wish than a realistic expectation. The problem with this narrative, of course, was the Trump administration’s embrace of a laundry list of ideas long held by Congressional Democrats, which made them more likely to agree with him than to … Continue reading Five Issues with Biden’s Supply Chain Plan

Ignoring the Recent (and Ignominious) History of “Buy American”

Democratic Presidential nominee — and current 2020 front‐​runner — Joe Biden yesterday released a “Made In All of America” plan heavy on “Buy American” mandates, pursuant to which $400 billion in new federal energy and infrastructure projects must use only “American products, materials, and services.” Biden’s plan, it should be noted, is hardly novel: Buy American laws … Continue reading Ignoring the Recent (and Ignominious) History of “Buy American”

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

Collective Bargaining in State and Local Government

Congress is debating bills to address police misconduct as well as to provide further aid to state and local governments struggling with budget deficits. But the states can address both issues themselves with one reform: repealing collective bargaining for public workers. State and local workforces are heavily unionized with 39 percent of workers covered by … Continue reading Collective Bargaining in State and Local Government

New Jobs Report Suggests Americans Eager to Return to Work After Lockdown

Expert predictions were shattered again, as the Bureau of Labor Statistics reported that the economy added 4.8 million jobs and the unemployment rate fell by 2.2 percentage points to 11.1%. The new jobs report suggests that Americans are eager to return to work, after many were temporarily unemployed due to an effort to contain the COVID-19 pandemic. … Continue reading New Jobs Report Suggests Americans Eager to Return to Work After Lockdown

Can Federal Assets Cover the National Debt?

The federal debt is $26.3 trillion and growing, having increased by a trillion dollars in just 40 days prior to last Friday. There’s too much complacency about the size of that debt, and much of this complacency can be traced to a 2013 study by the Institute for Energy Research estimating the value of federal land and energy resources to be around … Continue reading Can Federal Assets Cover the National Debt?

Joe Biden Supports 2 Regulations That Would Destroy Entire Industries—and My Job

Right now, the attention of most Americans is, understandably, captured by the latest developments of the COVID-19 pandemic and the national debate over criminal justice. But the 2020 presidential election continues to trod along in the background, and Wall Street is starting to worry about the outcome. The New York Times reports that investors are … Continue reading Joe Biden Supports 2 Regulations That Would Destroy Entire Industries—and My Job

“Drug Czar” Says Overdose Deaths Were Already Rising Before Pandemic and Now Are Spiking—The Ultimate Blame Belongs to Prohibition

White House “drug czar” Jim Carroll told Politico earlier this week that an Office of National Drug Control Policy analysis finds an 11.4 percent year‐​over‐​year increase in opioid‐​related overdose deaths during the first four months of 2020. Kentucky has seen a 25 percent increase in overdose deaths during the first four months of this year, and West Virginia saw … Continue reading “Drug Czar” Says Overdose Deaths Were Already Rising Before Pandemic and Now Are Spiking—The Ultimate Blame Belongs to Prohibition

Sen. Mike Lee: ‘The Mob Hates America on America’s Dime. It’s Time to Cut Off Their Allowance.’

On the floor of the U.S. Senate Thursday, Republican Sen. Mike Lee of Utah delivered an impassioned speech condemning mob violence in the United States. Lee offered a resolution, which his Democrat colleague, Sen. Bob Menendez of New Jersey, attempted to amend by inserting language attacking President Donald Trump. Menendez then repeatedly tried to silence Lee. … Continue reading Sen. Mike Lee: ‘The Mob Hates America on America’s Dime. It’s Time to Cut Off Their Allowance.’

With Only These Four Exceptions, Senate Republicans Just Abandoned ‘America First’ Foreign Policy in Afghanistan

With Americans growing ever more divided amid national upheaval over racial inequality and a global pandemic, it has perhaps never been more apparent that the United States has no business trying to fix the world with so many problems on our own doorstep. Whatever his faults, President Trump at least seems to understand this. Even … Continue reading With Only These Four Exceptions, Senate Republicans Just Abandoned ‘America First’ Foreign Policy in Afghanistan