Joe Biden and the Anatomy of a Failing State

Presidential debates are a quirky aspect of modern American politics. In theory, they are the closest thing to political combat, a rare opportunity for political leaders to publicly contrast differences in ideology and vision for the country. In reality, presidential debates have become something more akin to pop culture, with actors repeating lines they don’t believe in, achieving a desired reaction from various popular audiences. 

It All Began When the Government Tried to Make Housing More Affordable

I attended a neighborhood association meeting recently on the inner west side of San Antonio. The concerns were probably not unlike those of residents in other United States urban centers: crime, public intoxication, vagrancy, etc.

One that drew a notable response from the local councilwoman was the cost of housing. This issue provides a good example of how actions of the federal government trickle down and leave collateral damage in our neighborhoods.

When Balancing the Budget Hurts the Economy

Immediately after taking office, the president of Argentina, Javier Milei, signed a decree and reduced the number of ministries from twenty-two to nine. Although tens of thousands of public employees have been disposed of since then, the celebrated reduction is still symbolic, because it only ordered some ministries to absorb others and did not reduce public employment significantly. Milei has managed to achieve five budget surpluses so far. Public works have ceased to be financed to an important degree.