It is not surprising that some US states are facing large deficits between budgeted spending and incoming revenues. However, state bankruptcies occur when states cannot meet their bond obligations, which have little to do with operating expenses.
In 2024 the Australian senate is establishing an inquiry into Coles and Woolworths, the two biggest grocery retailers in the country.
Next month, the US Supreme Court will hear arguments on whether New York regulatory authorities can target the NRA simply because of the organization’s political viewpoints.
With yet another round of student loan "forgiveness," President Biden is adding more air to the higher education bubble.
Activist pro-immigration groups in Great Britain, while being heavily funded by government money, are using that money to stop orderly immigration and replace it with chaos. Taxpayers are not only on the hook to fund these groups, but also bear the brunt of immigration failures.
In 2022, Michigan Gov. Gretchen Whitmer used political favors and government grants to maneuver thousands of workers into jobs producing electric trucks. But consumers aren’t interested.
While South Africa’s political authorities pursue genocide accusations against other countries, those same leaders are destroying the nation’s economy and basic infrastructure. This is a failed state.
School choice would seem to have benefits, but as Thomas Sowell says: “There are no solutions. There are only trade-offs.” Enthusiastic “school choice” proponents forget that with government money comes government control.
We may be governed by incompetent elites, but even they have not taken away our free will and ability to think for ourselves. We can look to Mises and Rothbard for inspiration.
While “wokeness” seems to be a new phenomenon, the problems are tied to a sixty-year-old “landmark” law: the 1964 Civil Rights Act. This law, unfortunately, promotes government tyranny in the name of freedom.
