Archive for category Regulation and Big Government
John Hayward at Human Events has an analysis on the current debate over the federal debt and the debt limit. Put simply, Hayward believes that the huge debt burden carried by our bloated government is an intentional and vital element of maintaining that bloated mass:
High corporate and individual tax rates lead to high unemployment rates. If you suggest reducing those tax rates to spur private-sector growth and lower unemployment, you will be accused of making the debt situation worse. That wouldn’t be very intimidating if the national debt was low. Why not lower those taxes and see if the resulting growth generated more net revenue at the lower rates? Read the rest of this entry »
Jacob Sullum at Reason comments on the government’s new imperative to demand that you purchase a more efficient and cost effective product that costs you 10 times more than the more popular model.
Jenkins says those efficiency standards are clearly justified because the industry supports them and because they benefit consumers, who will save enough money on electricity to more than make up for higher bulb prices. Consumers, of course, have always been free to take advantage of this bargain, and the vast majority have not: According to the Energy Department (PDF), more than 80 percent of residential light sockets were still occupied by standard incandescent bulbs last year. Because consumers are too stupid to perceive the clear advantages of compact fluorescent lamps (CFLs), LED bulbs, halogen bulbs, or the new, extra-efficient incandescents, they must be forced to buy them. Is it surprising that manufacturers support a law that allows them to foist newer, more expensive products on customers who otherwise would pass them up? Read the rest of this entry »
Julian Sanchez at the Cato Institute takes on civil liberty groups’ arguments for net neutrality by pointing out that the alleged “violations” regarding neutral access to the internet seem to be misrepresented by these groups:
I harp on this because I think it indicates how muddled a lot of the debate over “neutrality” has gotten. People have a whole welter of heterogeneous concerns about the future of the Internet that increasingly seem to be lumped under the rubric of “non-neutrality” or “network discrimination,” which both obscures the plurality of potential problems and begs the question of whether, assuming a policy remedy is necessary, “neutrality” regulation is actually the ideal silver bullet response to all these diverse concerns. Read the rest of this entry »
I haven’t been on top of the blog for a bit, and hence have not gotten around to commenting about the 2010 elections yet. So, here goes.
The election results have been out for a while, so I’ll give them little attention. The Republicans won fairly big, and by a decent margin. The GOP now controls the House and has a good standing of the Senate. The big win was over 600 state legislature seats around the country, meaning that conservatives have had major successes in local campaigns and offices. Since this is where most of the governance should be coming from, this is a good thing.
But what I am interested in is not the office numbers or even conservative/ Tea Party reactions to the elections, but the reactions from the left. I am interested in them because they confirm the hubristic attitude that has been the primary complaint of the Tea Party, and show that the aristocratic elites on the left have opted to continue their pathologically narcissistic politics and ignore just why the people have rejected them. Read the rest of this entry »
A fun little video, complements of IUSB Vision, that illustrates why government regulation harms small businesses:
Reason TV Presents this brief video that asks a simple question: If Obama’s economic policies are so great, and he’s fixed the recession, then where are all the jobs at? An interesting comparison between the policies of today and those that ended prolonged the Great Depression.
Today many Americans credit FDR with rescuing our nation from the Great Depression, but there’s plenty wrong with that view, says Lee Ohanian, a UCLA economics professor who specializes in economic crisis. “What’s wrong with that view is that private-sector job growth did not come back under Roosevelt,” says Ohanian, who notes that Americans often forget how long the Great Depression lasted. Unemployment stood at 17 percent in 1939, a decade after the infamous stock market crash, and, although times were much worse back then, Ohanian sees troubling parallels between the Great Depression and the Great Recession. In both instances our nation emerged from a severe downturn with strong productivity growth and the banking system largely restored. We were poised for a recovery, but didn’t get one. “So the key puzzle for both today and the 1930s is why aren’t private-sector jobs being created at a much more rapid rate?” Read the rest of this entry »
Despite claims by Net Neutrality supporters that they are simply looking to protect freedom of speech and access to public information, it is becoming more and more apparent that what they truly want is for the government to regulate what services companies are allowed to provide and to whom. Read the rest of this entry »