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]
With the federal budget now officially a non-issue until 2015, 2014 – in particular the midterm elections that will animate it – is shaping up to be the year Republicans finally give voters an ObamaCare alternative.
That is, unless Democrats succeed in convincing a minority of GOP members to help fix the broken health care law.
The electoral consequences of ObamaCare’s disruption of the health insurance market look grisly for Democrats. Prior to the law’s passage, 85 percent of Americans had health insurance. On January 1, 2014, thanks to millions of canceled policies…
"Those of us who admit that we were not there, and do not know what happened when Michael Brown was shot by a policeman in Ferguson, Missouri, seem to be in the minority. We all know what has happened since then -- and it has been a complete disgrace by politicians, the media and mobs of rioters and looters. Despite all the people who act as if they know exactly what happened, nevertheless when…[more]
—Thomas Sowell, Economist, Author and Hoover Institution Senior Fellow
— Thomas Sowell, Economist, Author and Hoover Institution Senior Fellow