This decision begins to restore a sense of procedural fairness and substantive rationality.
Economy & Budget
Even though they widely acknowledge regulatory accumulation—the build-up of rules without concern for duplication, interaction, effectiveness or obsolescence—no solutions are forthcoming.
“Too big to fail” banks – those first to get in line for federal help and bailouts – are coming to a statehouse near you and pleading for government help to raise the cost of their ankle biter competitors.
We get better environmental stewardship but continued market interference by government in farming decisions and marginalization of small farmers in favor of corporate agribusiness.
From the business perspective, a large-scale pay increase immediately becomes a strain on payroll, and the consequences are many.
At a time of increased emerging market turbulence, the Fed seems to be blithely oblivious to the risks that those developments might pose to the U.S. economy.
As Ronald Reagan put it, “The nine most terrifying words in the English language are: I'm from the government and I'm here to help.”
With a bit of compromise, restraint, and bipartisanship, Congress and the president could turn this often rancorous process into a “win-win” situation for politicians and taxpayers alike.
Debt in the hands of the public stands at 72 percent as a share of the economy.
We are tethered to mainland-based federal policies that work well in the lower forty-eight. After they travel the more than 7,000 miles to get to our shores, these policies become attenuated, dissipated and oftentimes inflict more harm than good.