What Happened to Prussia?
06 Mar 2022 Leave a comment
in defence economics, economic history, International law, war and peace Tags: Germany, maps, World War I, World War II
The Sopranos Explained | Why Did Carlo Flip? | The REAL Reason…
06 Mar 2022 Leave a comment
in television, TV shows
The Failure of Bidenomics, Part III
06 Mar 2022 Leave a comment
In Part I of this series, I pointed out that Biden’s plethora of proposed handouts and subsidies would lead to higher prices and more inefficiency. And in Part II, I explained that his discussion of inflation was embarrassingly inaccurate.
In today’s column, we’re going to analyze his strident support for protectionist “Buy America” provisions, which drive up costs for taxpayers by making it harder for foreign firms to compete for government contracts and thus give American firms the ability to charge higher prices.
How much of a burden are these policies? How much more are taxpayers having to pay because governments can’t opt for the lowest qualified bidder?
According to research shared by the Peterson Institute for International Economics (PIIE), American taxpayers lose $94 billion per year.
The good news (if we have a very generous definition of “good”) is that procurement protectionism “only” pushes up costs in the United…
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The Simpsons – Protestant Heaven vs. Catholic Heaven
06 Mar 2022 Leave a comment
in television, TV shows
The Failure of Bidenomics, Part I
05 Mar 2022 Leave a comment
Joe Biden’s economic policy has been a disaster.
- He’s bad on the issues where Trump wasbad (spending and trade).
- He’s bad on the issues where Trump was good (most notably, taxes).
- And he’s bad on the issues where Trump had a mixedrecord (regulation).
Based on his track record as a long-time Senator, none of this is a surprise. According to vote ratings from the Club for Growth and National Taxpayers Union, Biden was to the left of even Crazy Bernie.
Unfortunately, a bad president (anyone remember Nixon?) can do a lot more damage than a bad senator.
Today is Part I of a series of columns analyzing Biden’s failure.
We’ll start with his so-called Build Back Better plan. Joe Biden didn’t explicitly mention “BBB” is his State of the Union address, but he did promote almost all of the specific policies that are in that…
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