Colorado Governor Jared Polis in recent days has been pushing for a taxpayer-funded boondoggle, a “pedestrian bridge” between the state capitol and a downtown park that could cost more than 28 million dollars. That kind of money is still a lot for a state with a population of fewer than six million people.
Let’s hope he’s right. Trump’s BBB is a massive boondoggle that increases federal power and federal spending. Massive is one of the few good guys on this.
Musk signaled he would donate to the Kentucky Republican’s 2026 reelection campaign on X when he responded “I will” to a post asking who would be backing Massie’s congressional bid.
Two hundred and forty-seven years ago this month, a group of American opponents of the Crown’s tax policy donned disguises and set about methodically destroying a shipment of tea imported into Boston by the East India Company. The vandals trespassed on privately owned ships in Boston Harbor and threw the tea into the ocean. These protesters were thorough. Not content with having destroyed most of the company’s imported tea that night, the activists later discovered another tea shipment which had been unloaded at a warehouse in Boston.
“We have not witnessed regime uncertainty since Franklin Delano Roosevelt and the New Dealers in the 1930s,” Hanke said.
Full article (Business Insider account required)
Steve Hanke is a Distinguished Senior Scholar at the Mises Institute and a Professor of Applied Economics at the Johns Hopkins University. He can be followed on X @steve_hanke.
The current level of government deficits will either result in inflation or an unsustainable debt burden, economists say, depending on how the government funds them.
“There are only two ways you can finance a deficit,” Steve Hanke, economics professor at Johns Hopkins University who served on President Ronald Reagan’s Council of Economic Advisers, told The Epoch Times.
