Many of us resent paying taxes. The money extracted from us goes to fund an always authoritarian and intrusive institution that’s frequently unaccountable and arbitrary when it’s not outright malicious. But who knew that even federal employees resent supporting the government? A recent report finds a rising number of federal employees are delinquent on their […]
Budgets are about priorities. In President Joe Biden administration’s new budget, its apparent priorities are marred by problems. Here’s the cheat sheet version: Rather than containing explosive growth in spending, it would use a bunch of new taxes to wage class warfare. While this budget is dead on arrival in Congress, it’s worth reviewing some […]
Yes, it’s a bailout—and yes, it’s unwise. The U.S. government will guarantee all customer funds in Silicon Valley Bank (SVB) after a series of bad decisions and a run on deposits led to the bank’s collapse. The decision creates bad incentives for financial institutions and their customers. The Federal Deposit Insurance Corporation (FDIC) is supposed […]
In this week’s The Reason Roundtable, editors Matt Welch, Katherine Mangu-Ward, Nick Gillespie, and Peter Suderman scrutinize recurrent attacks on the social media app TikTok from the federal government and reiterate the delusional nature of government subsidies on goods and services across the economy. 0:56: TikTok under attack 21:55: Government subsidies don’t create affordability. 33:09: […]
Let’s call it the “Biden way”: When our president can’t get his policies through Congress, he tries to impose them in other ways. Just look at his student loan forgiveness plan, which faced a stiff Supreme Court challenge this week, and his imposition of stricter “Buy American” provisions to the infrastructure-spending bill. Now, he wants […]
After a recent hurricane, Puerto Ricans desperately needed fuel. Fortunately, an oil tanker was right offshore. Unfortunately, the United States government forbade it to come ashore! Why? Because of a stupid law with a stupid name: The Jones Act. The Jones Act forbids shipping anything between American ports in ships that are not U.S. built […]
Newspapers have been reporting on the demographic challenges in Asian nations like China, Japan, and South Korea. Some expect China’s population, for example, to be cut in half by 2100. If current trends continue, some of the same problems will sooner or later hit the United States, and they won’t be fixed with family-style entitlement […]
Classified documents are found in former President Donald Trump’s home! Democrats were outraged! Trump is guilty of “mishandling of some of our nation’s most sensitive secrets” creating “a national security crisis!” said MSNBC’s Chris Hayes and Nicole Wallace. Then President Joe Biden got caught. Suddenly conservatives were upset. “Thanks to Joe Biden,” said Sean Hannity, […]
On the surface, it might appear that so-called “Buy American” rules, like the ones President Joe Biden has promised to tighten as part of a push to promote domestic manufacturing, are pretty straightforward. A product either comes with a “Made in the USA” sticker or it doesn’t, right? Unfortunately, it’s not that simple. To qualify […]