Earlier today, Connecticut Senator Chris Murphy tweeted: https://twitter.com/ChrisMurphyCT/status/1392117646494162944?s=20 Maybe he should look a little harder at the figures. First:“Boston to DC– Airline time: 1.6 hours” The reason high‐speed rail never caught on in the United States is because we had jet airliners before Japan even started building its first bullet train. Why should we worry that a train from … Continue reading China’s High‐Speed Debt Trap
A new study published by Ramsey Solutions has found that 53% of those who took out student loans to pay for school say they regret doing so. In fact, 43% of borrowers said they regret going to college altogether. “Student loans often lead to a sense of regret and feeling stuck,” the study concludes. “Those … Continue reading New Study Finds Half of Student Loan Borrowers Regret Going into Debt
When I was born in western New York, it was the second-most populous state in the nation and had a whopping 34 congressional districts. Following the 2020 census, however, New York is now the fourth-most populous state and will only have 27 congressional districts. Over a period of 40 years, 1981 to 2020, during which the … Continue reading New York’s Long Decline Is Canary in Coal Mine for Biden’s Big-Government Agenda
Yesterday, the Bureau of Labor Statistics (BLS) released numbers indicating that the average price level of consumer goods has risen 4.2% since this time last year. This is the highest rate since 2008. In other words, the average consumer making the same salary this year has taken a pay cut when you consider what their … Continue reading Why Inflation Is at a 12-year High
President Biden’s infrastructure plan includes $174 billion in subsidies for electric vehicles and charging stations. That would be a waste of taxpayer money because businesses are already pouring billions of dollars into EV research, production, and infrastructure, as noted here. There are already tens of thousands of EV charging stations across the country in places such as Target parking lots. As businesses … Continue reading No Need for Biden’s Electric Vehicle Subsidies
Shortly before Christmas in 2018, a woman named Darlene voluntarily turned in a 9mm pistol to the Baltimore Police Department. It was just one of about 500 firearms the department collected that day as part of the city’s gun buyback program, which paid citizens somewhere between $25 and $500 in exchange for their firearms and … Continue reading ‘No Evidence’ That Gun Buyback Programs Reduce Gun Violence, New Economic Study Finds
President Biden’s infrastructure plan is a mess of contradictions. It promises to increase America’s competitiveness and “create millions of good jobs,” but it would be funded by a corporate tax increase that would do the opposite. The plan would provide large corporate subsidies, even though leading Democrats often complain about corporate subsidies. Perhaps the most striking contradiction in Biden’s … Continue reading Biden Infrastructure Plan: Funding Not Green
Doug Nelson, a 73-year-old grandfather and Vietnam veteran, had just finished his late shift at the US Postal Service. He pulled into his driveway a little after midnight and was getting out of his car when he suddenly found himself with a gun to his head. The carjackers demanded his keys, which he promptly handed … Continue reading How Washington, DC Carjacked an Elderly Couple
In a recent opinion piece, Senator Josh Hawley claims that America’s economy is witnessing a widespread take‐over from monopolies – big tech, big pharma, big finance, and more. These companies, the story goes, then harness their market power to foist ideological progressive agendas on an unwilling public. This narrative is misleading at best. First, big is not synonymous … Continue reading Trustbusters or Business‐Busters?
The Federal Trade Commission recently released a report that details its investigation into the repairability of various tech products. It found that many devices are intentionally designed to be difficult or impossible to repair, and that the reasons companies gave for these design choices were unsubstantiated. “For several years, tech companies have made it difficult, … Continue reading Here’s the Real Reason Why You Can’t Repair Your AirPods