The US Intelligence Community has warned that the COVID-19 pandemic will have long-term fallout, and will impact political and economic realities across the globe. Article from Zero Hedge. According to the Annual Threat Assessment - which comes on the heels of a separate intelligence report last week which offers a grim view of global challenges likely to be faced over the next...
If the post-coronavirus economy means living without ketchup and spreading less Nutella on toast, what were the face masks and lockdowns all for anyway? From higher prices to product shortages, the latest consumer trends signal hard times for U.S. shoppers as future visits to the supermarket and restaurants will be different from before the COVID-19 public health crisis. In the...
Imagine an economy where there is no money. All currencies, mediums of exchange, and other intermediaries of trade no longer exist. Instead of having money, everyone is issued ration cards that dictate what goods they can have and in what quantities. Everything from food you buy to the clothes you wear to medicine you need are determined by...
For years, when other governments persecuted their own citizens for violating the rights that Americans believed are given to us by God, such as our freedom of speech, religion or to peaceably assembly, we would point out the contrast because our Constitutional Rights and their tyrannical oppression. It was an easy point to make: America is the greatest...
President Biden is pitching his $2.7 trillion+ “infrastructure” plan, chock full of items unrelated to traditional transportation infrastructure, as key to restoring the economy and putting Americans back to work. It’s right in the name: the “American Jobs Plan.” Article by Brad Polumbo from FEE. “This is the moment to reimagine and rebuild a new economy,” Biden said in introducing his plan....
Many readers will be familiar with Robert Paul Wolff’s In Defense of Anarchism, a brilliant criticism of the state’s authority that arrives at conclusions similar to those of Lysander Spooner. Wolff is probably best known for his work on Kant, but he has published penetrating accounts of Marx and Rawls as well. He thinks that Marx offers an analysis...
Way back in 2007, I narrated this video to explain why tax competition is very desirable because politicians are likely to overtax and overspend (“Goldfish Government“) if they think taxpayers have no ability to escape. Article by Dan Mitchell. https://www.youtube.com/watch?v=nJWLemN29Wc The good news is that tax competition has been working. As explained in the above video, there have been big reductions...
“Where you gonna go, where you gonna run, where you gonna hide? Nowhere … ” This line is part of a terrible 1993 remake of the classic horror film Invasion of the Body Snatchers, but it could also be the new policy directive of the U.S. Treasury Department. It turns out that Secretary Janet Yellen, keeping in line with...
Making a case for tax hikes, U.S. Commerce Secretary Gina Raimondo insisted to a reporter at the White House on Wednesday that the booming economy under President Trump before the COVID-19 lockdowns had nothing to do with his tax cuts. Article by Art Moore from WND. "There is not a shred of evidence to show that the cuts...
High inflation takes off where political forces are too strong to permit the implementation of harsh remedial measures with respect to taxation and monetary policy such as to prevent an implosion of the national currency. In the contemporary global financial marketplace, there has been fluctuating concern about the US heading toward this point, albeit at a highly uncertain date,...
