Many say economics must focus on preserving resources for distant future generations. They say climate change is why. That's may seem convincing in the abstract, but we soon learn how hard it is to predict future needs, and to ignore present ones.
"Jobs programs" never create new wealth. They only redirect wealth and resources from other sectors of the economy. The cost to those other sectors is often very high.
In order to prevent the economy sinking into a lasting state of stagnation, what is required is to reduce both government spending and government regulation, and to rein in the Fed.
Yes, Senator Paul is right. "Regime change" doesn't work. Buckle up, as incoming Senate majority leader Schumer advised, there's a whole lot of interventionism in the queue.
Colonial America was a society of smugglers and scofflaws who regarded government regulations as worthy of contempt. Twenty-first century America is quite different.
America’s founders did not envision the federal government as the domineering senior partner in almost everything. What was once best described as “sovereign States, united solely for specified joint purposes” has been largely eviscerated.
