Economy
It’s bad enough that the Biden administration has convinced a generation of young Americans that tens of billions of dollars of their debt can just disappear with no effect because the debt didn’t really exist, anyway, but the Chair of Biden’s Council of Economic Advisor’s being unable to sound coherent when asked why the government borrows…
John DePetro and Justin Katz worry about the significance of creeping lunacy in RI politics.
This may be part of the answer, and certainly corresponds with my experience:
And they’re both artificial thresholds created by interventionist policies. realEstateTrent makes a great point, here: Progressive policies, which shift decision-making to the blunt tool of government, create these unhealthy thresholds everywhere. People stay on the public dole because they’d have to earn so much money for a job to be worthwhile that no job…
Here’s the Boston Globe’s description of the people leaving Massachusetts: Boston Indicators, the research arm of the Boston Foundation, published an analysis exploring trends in so-called domestic outmigration in Massachusetts, or people leaving for elsewhere in the United States. Looking at a two-year average across 2021 and 2022, the analysis found that the people moving…
Unfortunately, Rhode Islanders don’t want it. The Ocean State could be a beacon collecting some of tech jobs California is losing, as Joey Politano shows here: Rhode Island is so in the grip of its special interests and ideologues that they’d rather imitate California than create opportunity.
The Rhode Island Office of Revenue Analysis releases regular reports summarizing the state’s tax credit programs, and sometimes progressive politicians and journalists get a news story out of them. What’s disappointing is the paucity of the opposing voices. According to Katherine Gregg’s Providence Journal article the Rhode Island Business Coalition is fine with ending the program…
That means most of us have to be servants to somebody else. That’s why a political party that still pretends it’s “for the little guy” is relentlessly targeting “little guys” who work for themselves. This video from John Stossel is worth watching: If you’re independent, you’re difficult to manage. If top-down government can pressure top-down…
For those of us who’ve been mystified by economic news, E.J. Antoni’s summary of results from the March employment report is worth a read. The key confusion is that “the headline numbers once again look good.” Yet, all the jobs are part time, with Americans replacing their full-time jobs with multiple part-time ones to make…
Somehow, despite ample reason for civic disappointment, I find I’m becoming less cynical as I get older, not more. Even now, when I come across reasoning like that expressed by young progressive Democrat Representative David Morales, I can’t help but feel hope that we can salvage reason from the flames of ideology: Here’s the reality:…