The GOP Fiscal Follies

Lower taxes and spending are good for the economy. They produce strong expansion and will “grow” the country out of deficits. These were some of the Trump Administration promises. Those were also the promises of the GOP in the late 1970s in the runup to the election of President Reagan. Were they kept? Not exactly.

Are these policies good for the economy and our economic liberty? The evidence is yes, but the problem is these policies were only partly followed.

The Command Economy in Green Clothing: Britain’s Contracts for Difference and Their Nazi Predecessors

Under the guise of fighting climate change, the British government has resurrected a core instrument of 20th-century war economies: the state-guaranteed contract. Britain’s flagship Contracts for Difference (CfDs)—designed to foster a transition to green energy—are structurally very similar to the Wirtschaftlichkeitsgarantieverträge (profitability guarantee contracts) that Nazi Germany used to subsidize its rearmament and achieve autarky.

Socialists Are Reaping a Bountiful Political Harvest while They Create Havoc

A few months ago, it seemed the US Senate race in Maine was all set. Gov. Janet Mills, a Democrat, would be the heavy favorite in her race against Republican Susan Collins, finishing her fifth term in the Senate. But on April 30, Mills ended her campaign as it was clear that political newcomer Graham Platner would easily win the June 9 Democratic primary.