In a previous post titled, “Why Does Government Always Make the Same Economic Mistakes?” I quoted Judicial Watch CEO Tom Fitton. Regarding another matter, he said that the way to predict future behavior is to look at what was done previously under similar circumstances. We know that Donald Trump wants to enforce our immigration laws, which means strict border control, especially via our southern border, plus higher and more widespread tariffs.
The yearly growth rate of the consumer price index (CPI) stood at 2.7 percent in November, against 2.6 percent in October. In June 2022, the yearly growth rate was 9.1 percent.
Typically, coup attempts do not wrap up in time for dinner.
But over the next few days, with the anniversary of the 2021 January 6 Capitol riot having become a progressive political holiday worthy of obsessive memorialization, the nation will be deluged with tales of attempted government overthrow, Trumpian lunacy, and the FBI desperately trying to explain why it has yet to catch a person who—on video—placed two pipe bombs in DC that day but has somehow gloriously managed to track down and prosecute 1,000 trespassers.
The recent ideological migration of the Republican Party towards overtly collectivist “national conservatives” (or “NatCons”) has sparked a crisis over the past year within American conservatism. “Freedom conservatives” (or “FreeCons”) have emerged in opposition to the NatCons.
The Grinch showed up this year at the nation’s deposit insurer suspending bonuses for senior officials at the FDIC. Bank Regulators have been behaving like frat boys for at least the last couple years according to an internal investigation performed by Cleary Gottlieb Steen & Hamilton and released to the Wall Street Journal.
Academic Agent is a state-socialist author and YouTuber whose channel includes some excellent explanations of Austrian school economics. However, it also includes an entire series of ten videos entitled “Issues with Libertarianism,” in which he claims to address fallacies in those same Austrian positions which lead him to decidedly anti-libertarian, statist conclusions.
A typical argument against the participation of young individuals in the labor market goes like this: Child labor deprives children of their childhood, their potential, and their dignity. It harms children mentally, physically, socially, and morally. It interferes with their schooling, preventing them from attending or concentrating in school. In the most serious cases, it may involve children being separated from their families, exposed to serious hazards, or enslaved.
Interest rates play a critical role in the economy. Were entrepreneurs limited to just asking to borrow the wealth and savings of friends and family, rather than loans from banks, certain projects and services could never be achieved. Further, interest rates play a nearly miraculous role that inadvertently gives society a sort of “computational boost.”
The debate over immigration is working out perfectly for the deep state. Donald Trump is calling on the CIA and the FBI to “get involved” in domestic policing. At the same time, MAGA conservatives are begging the US government to impose a vast new surveillance state on Americans in the name of stopping illegal aliens.
