On Monday, Missouri Senator Josh Hawley continued his quest to crush Big Tech by releasing a radical plan to overhaul the Federal Trade Commission (FTC). Hawley proposes replacing the FTC’s five-member commission with a single Director, who would report directly to the Associate Attorney General in the Department of Justice (DOJ). His plan would also … Continue reading Hawley’s Plan to Overhaul the FTC Would Create a Monster Far More Dangerous Than “Big Tech”
Category: Washington
In a welcome surprise, the U.S. economy added 2.5 million jobs in May, and the unemployment rate fell by more than a full percentage point to 13.3%. Most economists had predicted the opposite, continued job losses, and soaring unemployment amid the ongoing coronavirus pandemic. The economy has halted its free fall. This good news is a sort … Continue reading May Jobs Report Shows Why More Government Isn’t the Answer for Economic Recovery
The city of Minneapolis estimates that nearly 1,000 commercial buildings were damaged during riots that followed George Floyd’s death at the hands of city police on May 25, causing at least $55 million in damage. City officials and congressional representatives are calling on the federal government to provide aid to the city, either through FEMA … Continue reading Federal Bailouts for Cities Damaged by Riots Would Create Perverse Incentives for Cities and Rioters
Just a few closures of meat packing plants are putting the entire meat industry on the brink of collapse. A congressman who also raises cattle sounded the alarm for years that burdensome regulations needed to go. Now will Congress act in time? Representative Thomas Massie (R-Kentucky) is gaining bipartisan support for his PRIME Act, which … Continue reading Meat Shortages Are Coming Unless Congress Breaks up the Highly Centralized System It Created
The federal government is moving into the final stages of its fiscal life. Deficits have gotten so enormous that the Federal Reserve simply prints the money the government needs. Why? Because that’s the only option left on the table. For years, we have warned that continued deficit spending would paint the Federal Reserve into a … Continue reading Massive Inflation May Be Coming, Because the US Government Has Cornered Itself into a Fiscal End Game
Buyers (aka taxpayers), beware: The Land and Water Conservation Fund is not what you might think. Some on Capitol Hill have floated the idea of fully funding the Land and Water Conservation Fund permanently. In Washington budget-speak, that means creating a new autopilot mandatory program. Congress created the conservation fund in 1964 to “assist in … Continue reading Congress Shouldn’t Put This Conservation Spending on Autopilot
The notion that, left unguided, without any sort of of policy involvement, the market will solve our problems will not restore a balance between the obligations and rights of the private sector and working Americans. —Senator Marco Rubio, Nov. 5, 2019 Senator Marco Rubio and his common good capitalism advocates may mean well. But as … Continue reading “Common Good Capitalism” Is No Substitute for Free Enterprise
Go here to tell Congress to kill the "Green New Deal!" ----- A week doesn’t pass without a mayor, governor, policymaker or pundit joining the rush to demand, or predict, an energy future that is entirely based on wind/solar and batteries, freed from the “burden” of the hydrocarbons that have fueled societies for centuries. Regardless … Continue reading 41 Inconvenient Truths on the “New Energy Economy”
Go here to tell Congress to kill the "Green New Deal!" When the Environmental Protection Agency issues a regulation, the rule should do more good than harm. That hasn’t always been obvious to the EPA, and to some, it still isn’t obvious. In 2012, the Obama administration finalized the Mercury and Air Toxics Standards (the “MATS” … Continue reading EPA Needs to Finalize Rule Rejecting Past Regulatory Abuses
Go here to tell Congress to kill the 'Green New Deal!" ----- It’s been pretty clear that the Green New Deal would be a disaster for businesses and for consumers. Now a new study confirms just how disastrous the environmental and wealth-redistribution plan would be for Wisconsin. Wisconsin families would be shackled with $40,000 in new costs, … Continue reading Green New Deal Would Ruin America’s Dairyland, Study Warns
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