We Are All Central Planners Now
No matter how one comes out on who won the presidential debate between Donald Trump and Kamala Harris, one thing is crystal clear: Hardly anyone questions whether the president and the federal government should be managing the economy. It’s now just a given that such is the case.
Oh sure, there are differences of opinion on how the economy should be run. There are incessant arguments and debates on tariffs, trade wars, the minimum wage, regulations, interest rates, Federal Reserve, subsidies, bailouts, welfare, immigration controls, Social Security, Medicare, income taxes, and the like. But they are all part and parcel of a presidentially managed or centrally planned economy, which most everyone passively accepts.
A funny part about all this is that statists have convinced themselves that a presidentially managed or centrally planned economy is actually a “free-enterprise system” — well, at least when it’s found here in the United States. Th
Article from The Future of Freedom Foundation
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