10 Years Ago Today, Trump Promised To Eliminate the National Debt. Instead, It Has Doubled.
Trump's ridiculous, grandiose promise tells us something about the federal government's fiscal affairs and the president's approach to policy.
Trump's ridiculous, grandiose promise tells us something about the federal government's fiscal affairs and the president's approach to policy.
I was interviewed by Seattle University Law School of Law Dean Tony Varona and Prof. Andrew Siegeil.
While eliminating the tipped wage may sound like a win on paper for waiters, the results have been disconcerting.
Judge Rita Lin's preliminary injunction confirms what government officials had implicitly acknowledged: The supply chain risk designation was punishment, not policy.
Rep. Jimmy Panetta says Democrats have "learned the hard way" that handing over so much tariff authority to the executive branch is a bad idea.
The Massachusetts senator fails to consider how her tax would harm middle class Americans and slow economic growth.
Good intentions, bad results.
Increasing income taxes almost always results in less revenue and less economic activity.
From long TSA lines to air traffic control issues to the chaotic war in Iran, it's all the result of a government that won't take its powers or responsibilities seriously.
The president is good at backing out of a losing bet—but this time, it's out of his hands.
"Central planning doesn't work because everybody has different ideas for themselves," says Ryan McMaken of the Mises Institute.
The president and his new DHS secretary are enraged by jurists and legislators who refuse to toe the party line.
Plus: Tournament expansion looks like a terrible idea, enjoy baseball while you can, and the newest season of Shoresy
Is there really a truck driver shortage? Or are companies just using that story to pull off an outrageous corporate welfare scam?
Plus: the real legacy of Cesar Chavez, blue state tax policies are driving out wealth, and a jury clears Afroman in a free speech case.
As demand for trips has plummeted in the wake of the wage hikes, the Drivers Union is trying to limit the number of gig workers on the road.
America once dominated the rare-earth market, but permitting requirements are holding the industry back.
The president says federal courts should not make decisions based on partisan considerations unless it benefits him.
Accused of rape and sexual abuse, the late labor organizer's UFW mercilessly bilked its members and taxpayers for years.
Liberalism.Org is a new initiative established by the Institute for Humane Studies.
From charging patients for black market drugs to providing medically unnecessary treatments, fraudsters have been gaming Medicare and Medicaid for decades.
The state's funding crisis is driven by a third-party payment system in which roughly 90 cents of every American health care dollar is paid by someone other than the patient.
Plus: Mullin vs. Paul, the metaverse lives, the Pentagon wants $200 for the war in Iran, and more...
The Trump administration has issued a 60-day waiver of a federal law that limits the number of ships allowed to carry goods between American ports.
Plus: AI and entitlements, a new Turing prize winner, eight donuts a day, the first trailer for Dune 3, and more...
Growing federal debt hobbles the government’s ability to respond to crises.
That’s roughly 12 whole days of government spending.
The new tax “is probably one of the biggest changes in Washington state political history since our founding,” says one state representative.
Plus: Brian Doherty, RIP.
Outgoing President Gabriel Boric predicted that Chile would go from being neoliberalism’s “cradle” to its “grave.” His movement got buried instead.
The problem is not that the government collects too little. It's that the government spends too much.
By the administration's logic, Iowa is hurting Arizona by producing so much corn. This is a very silly way to think about economic policy.
Many states have deregulated hair braiding, but Louisiana lawmakers want to tighten regulations by demanding more coursework, including on the ancient origins of braiding.
Plus: Pete Hegseth spends millions on lobster tail and rib-eye steak, oil prices go for another roller-coaster ride, no inflation increase, and more...
Trump administration officials openly seek to punish the AI company for its corporate philosophy.
The president’s invocation of Section 122 conflates a trade deficit with a balance-of-payments deficit.
The buyer, seller, and FIFA middleman were all happy with how the transaction went.
LJC is the group with which I worked on the IEEPA tariff case decided by the Supreme Court.
Plus: A seventh American has been killed in the Iran conflict, the U.S. is almost certainly responsible for school strike, how Lindsey Graham helped start the war, and more...
Governments have yet to accept that free societies are also prosperous societies.
Legislators are trying to pass their own state version of an outdated antitrust law—one that is dead at the federal level for a reason.
Contrary to the claims of the not-in-my-backyard technophobes, all this growth comes with minimal environmental downsides.
A proposal in Victoria would require every business, no matter the size, to allow two days of remote work a week.
"If Californians approve this measure in November, they may discover too late that the wealth they hoped to tax has already left the state—with jobs and economic opportunities not far behind."
A sad commentary on the sprawling size and eye-watering cost of the government.
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