Conservatives typically – and correctly – fault the regulatory state for increasing the cost of doing business and impeding job creation. But what about the argument that businesses don’t pay taxes (or regulatory fees), people do?
Rep. Paul Ryan (R-WI) is making a powerful case that the two go together in a way that could reduce the government’s footprint and decrease poverty.
“The regulatory part of Ryan’s anti-poverty plan goes after ‘regressive’ federal rules – those that have an outsize economic impact on low-income households,” reports The Hill. “Supporters of his plan say regulations are ultimately borne by ordinary consumers and households who pay extra when new restrictions are piled on to the products and services they use. The poor end up spending a greater…[more]
If President Obama is to be believed — a dependent clause that collapses under its own weight — the single greatest malady afflicting the American economy is the plague of economic inequality. In a speech earlier this month, he labeled it “the defining challenge of our time,” the sort of cheap superlative at which this president excels.
Now, to be sure, however troubled Obama may be by wealth disparities, there’s also an element of political convenience in all of this. When we talk about “defining challenges of our time,” the half-decade long sleepwalk…
"The most poisonous '-ism' now infecting Ferguson, Missouri, is not virulent racism. It's viral narcissism. Over the past two weeks, the impoverished St. Louis County suburb has become a magnet for self-absorbed publicity seekers of all colors and agendas. Perhaps the most repulsive species on display in Ferguson is the Journalisto Vanitatis. This breed of egotistical East-Coast reporters can…[more]