Republicans and Democrats have been tripping over each other to tell voters how committed they are to making zero changes to Social Security and Medicare. Meanwhile, the Social Security and Medicare Trustees just confirmed yet again that within 10 years the programs' funds will be insolvent. It's ...
George McGovern, the Democratic Party's 1972 presidential nominee, was a liberal icon. During many years in political office, including as a U.S. senator from South Dakota, McGovern successfully championed loads of regulations, taxes and mandates in the name of the public good. But as a ...
The controversy over proposed state and federal bans of Chinese-produced apps has sparked debate about the wisdom of country-of-origin bans in general. On the surface, banning TikTok and other controversial products coming from China appears reasonable. But the deeper you dig, the less these ideas ...
Budgets are about priorities. In the 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 ...
Welcome to our regime of political capitalism, where merit matters but political connections matter even more. In an unalloyed capitalist system, money flows to those who offer goods and services of value to consumers. In a political capitalism system, money flows to special-interest groups with ...
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 ...
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 ...
President Joe Biden tweeted last week that he will be a "nightmare" for Republicans who dream of cutting Social Security and Medicare. With this statement, Biden showed that he's either shockingly ignorant about these two programs and any Republican reform efforts -- or lack thereof -- or just ...