How's the trade war treating you? A lot of people had hope it would be coming to an end soon, but well, they forgot how unpredictable President Trump is (and how economically illiterate). Now, instead of doing what pretty much every article out there is doing (pointing out that trade barriers hurt us), I'm going … Continue reading The Case for Unilateral Free Trade
Presidential candidate Joe Biden just did an op-ed in the New York Times on his desire to see assault weapons banned. In it, he argued that the assault weapons ban (a ban that really just banned the sale of such weapons) that was passed back in 1994 did indeed work. Unfortunately for Mr. Biden, there … Continue reading No Joe Biden, the assault weapons ban did not work.
Given what the media talks about when it comes to recessions, you could not be blamed for mistakenly believing that the '07 market crash, housing crisis, and overall economic contraction was ultimately caused by "corporate greed." Many of you probably came out feeling very disturbed after watching The Big Short, just as I did. How … Continue reading One of many holes in the scapegoating of capitalism as the cause of the recession
It sounds as if President Trump will work to enact plans to allow for the importation of prescription drugs from Canada. In one of my posts back in January, I detailed as best I could the problems of importing drugs from Canada. Those in favor of such a proposal forget that these drugs are cheaper … Continue reading The Problem of Importing Drugs from Canada, Part II
As we all know, Bernie Sanders recently announced his campaign for the Democratic Party's presidential nomination. This is despite the fact that he no longer stands out in a crowd of Democrats for his ideas. Based on what several candidates have said, his ideas seem to be mainstream, particularly Medicare-for-All. Proponents of this idea, including … Continue reading Medicare-for-All would not be more administratively efficient than private insurance
The consequences of a minimum wage increase, for some reason, still remain ambiguous at best in the eyes of the pro-minimum wage crowd, despite evidence that suggests exactly what most economists already knew-a higher minimum wage creates unemployment. (I often wonder how liberals argue that we should buy into climate change claims because the vast … Continue reading A Concerning History of the Minimum Wage
Prescription drug companies have been vilified, especially over the past few years, and rightfully so. They charge outrageous amounts on drugs that continue to be over-utilized. In response to this, many politicians have proposed policies to lower the costs of such drugs in the American market. Many Democrats, including Vermont Senator Bernie Sanders (VT-I), have … Continue reading Importing drugs from Canada and drug price negotiating with Medicare would have unintended consequences.
Just after President Trump recently announced plans to withdraw troops from Syria, he reportedly is also considering plans to withdraw troops from Afghanistan, where the U.S. has roughly 14,000 soldiers deployed. Make no mistake, this is wonderful news. The U.S. has maintained military a presence in the country since 2001 (not to mention the indirect … Continue reading More Good News: Trump may soon withdraw troops from Afghanistan
As talks continue on Capitol Hill over how to spend the taxpayers' money, our government inches closer and closer to a record 22 trillion dollars in debt, and it only looks worse from here. Republicans talk of propping up our already inefficient defense spending, while democrats talk of expanding social security and medicare. Of course … Continue reading Just a healthy reminder: We’re about to hit 22 trillion dollars in the red
Today, President Trump announced the withdrawal of all ground troops from Syria, in a move that drew the ire of Republican Senator Lindsay Graham, among some on the left as well. Make no mistake, the President has made the right move, a move that should have never been necessary, as we should have never gotten … Continue reading Trump is right to get out of Syria