The Feds Block AT&T’s Merger with T-Mobile
Antitrust action like this is wrong on moral, theoretical, and practical grounds.
Antitrust action like this is wrong on moral, theoretical, and practical grounds.
What should you give up in order to make your payments? Food, education, transportation, funds to live on in old age?
Unemployment, stagnant growth, and financial market convulsions can all be traced to a single decision.
The expansion of the public sector since 9/11 to promote the mushrooming welfare and warfare states has left very little capital for small business, where 70 percent of job creation occurs. The result: the US economy has had virtually zero private-sector job growth since 4Q 2001.
Although it is admirable that you are putting up your own money, economic analysis shows that your "solutions" will not work. The so-called root causes of crime and poverty in urban areas today can be tied to destructive government policies such as the drug war, the minimum wage, compulsory schooling, and high taxes.
Not many Americans have heard of Richard Vedder and Lowell Gallaway, but maybe more should.
Why is real, free-market growth so hated by the political classes?