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If the United States were to adopt the socialist policies of Venezuela, the move would slash the economy by 40 percent—or $24,000 per year for the average American, according to a report by the president’s Council of Economic Advisers. “Coincident with the 200th anniversary of Karl Marx’s birth, socialism is making a comeback in American […]
One of the more elementary observations about economics is that a nation’s prosperity is determined in part by the quantity and quality of labor and capital. These “factors of production” are combined to generate national income. I frequently grouse that punitive tax policies discourage capital. There’s less incentive to invest, after all, if the government imposes extra layers of […]
The Chicago Tribune reported a big drop in violence in Chicago this past weekend. Forty people were shot. This down from the weekend before, when 74 were shot. The Tribune’s Steve Chapman rejects what he calls the “popular myth, cynically promoted by Trump and other outside critics” that Chicago is an “exceptionally dangerous city.” Yes, […]
It’s one of the powers of the state or local government to impose real estate property taxes on the people living within its jurisdiction. Of course, taxes are necessary to finance the services that the local government provides to its citizens. Real estate property taxes enable the government to pay for services such as public […]
The UN insists that the US is mired in poverty, but their report is full of deception and bad data. by Daniel J. Mitchell When writing about the statist agenda of international bureaucracies, I generally focus my attention on the International Monetary Fund and the Organization for Economic Cooperation and Development. Today, let’s give some attention to the United […]
The July/August 2017 issue of The Atlantic had an article titled “What’s Wrong With the Democrats?” by Franklin Foer. Foer wrote: Leaderless and loud, the Resistance has become the motive power of the Democratic Party. Presidential hopefuls already strive to anticipate its wishes. Elected officials have restructured their political calculus to avoid getting on its wrong […]
When asked about the recent problem of separating children from their illegal immigrant families, I burst out laughing, which didn’t go over well with some people in the room who thought I was being insensitive to their plight. Of course I am sympathetic, but I realized this was just another soap opera manufactured by the […]
The Social Security Administration released its annual trustees report this week, and the prognosis is not good. Trust fund depletion—the date when Social Security’s reserves will be exhausted and the program will only be able to spend what it receives in payroll taxes at that time—is approaching at a rapid pace. This year, Social Security will dip into […]
Report by Matthew O’Brien and Spencer Raley. Executive Summary At the end of 2016, the United Nations estimates that a record-setting 65.3 million people had been forcibly displaced from their homes due to conflict or persecution. Many of those people will seek refuge in the developed countries of the West, including the United States. Reflecting […]
(In August 2016, I wrote an article entitled “James Comey and the Stinking Fish Factor,” warning readers that the Comey fish was already rotting and that things were bound to get worse. Clearly, they just did. And it’s just as clear that the uncontrolled hysteria we are witnessing from Democrats has to do not with […]
EDITORS NOTE: Copyright 1993 Clayton E. Cramer. All Rights Reserved. Electronic redistribution is permitted as long as no alterations are made to the text and this notice appears at the beginning. Print reproduction or for profit use is not authorized without permission from the author. The historical record provides compelling evidence that racism underlies gun […]
“As President of the United States, I will always put America first, just like the leaders of other countries should put their country first also,” Trump declared at the World Economic Forum in Davos, Switzerland. The numbers don’t lie, the Trump economy is the best America has had in years. At the close of Trump’s […]
Gun control groups are fond of describing preemption as a doctrine whereby a state has stripped local governments of their power to regulate guns. In fact, under established legal principles, localities are subordinate “creatures of state law,” with no inherent rights or powers other than what a state decides to delegate to them through statutes or […]
Congressman Keith Ellison (D-MN) at 3:48 p.m. on January 3rd, 2018 tweeted “At @MoonPalaceBooks and I just found the book that strike [sic] fear in the heart of @realDonaldTrump (right).” Rep. Ellison is also the Deputy-Chairman of the Democratic National Committee and was the second member of Congress to endorse Senator Bernie Sanders to be […]
The Supreme Court saved the program by calling it a tax. It should be repealed like a tax. by Jeffrey A. Tucker The Washington Post is outraged. The New York Times even more so. Commentators are going nuts. “Using a tax bill to abolish the individual mandate amounts to a backdoor way of sabotaging Obamacare,” writes John Cassidy. “Republicans, and Donald Trump, have […]