Federal spending, a constitutional federal budget, and tariffs.
Trump needs to embrace a constitutional federal budget.
Trump calls for eliminating the Department of Education. Great first step in creating a constitutional budget. The following cabinet departments should be abolished as well: Energy, Commerce, Agriculture, Transportation, Labor, Interior, Housing and Urban Development, Health and Human Services, and Homeland Security. If the American people want a welfare state, they should have the states in which they live provide these “government services,” which would eliminate the federal deficit forever.
Sen Johnson takes his colleagues to task in a WSJ op-ed on federal spending. The federal budget is virtually on autopilot. Decentralization is the answer.
Economics professor Donald Boudreaux demolishes Trump’s reciprocal tariffs in a letter to the WSJ. The president needs to stop his obsession with trade deficits. They are not a problem.
After nearly a century of the federal government expanding the welfare-warfare state under both Democrats and Republicans, it is time we have a civil national conversation about the role of the federal government in our lives. America did not embrace statism overnight but we can return to the principles of the Declaration of Independence and the protections the Bill Rights guarantees we the people.
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Tom DiLorenzo’z pamphlet, Axis of Evil, is now available at the Mises Institute.
Order a free copy of Rothbard’s money and banking classic monograph. Or, you can read it online here.
My December 10 talk on medical care.
Bob Murphy interviews Dr. Keith Smith of the Surgery Center of OK.
Latest podcast on healthcare with host Johnathan Westover; Incentivizing wellness podcast with Bernadette Pajer; the Human Action podcast with Bob Murphy on my American journey; Joseph Cotto and I discuss Argentina and the US, and the Human podcast with Bob Murphy on healthcare; Robert Scott Bell and I discuss healthcare on the second hour of his podcast.
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Murray Sabrin, PhD, is emeritus professor of finance, Ramapo College of New Jersey. Dr. Sabrin is considered a “public intellectual” for writing about the economy in scholarly and popular publications. His book, The Finance of Health Care: Wellness and Innovative Approaches to Employee Medical Insurance (Business Expert Press, Oct. 24, 2022), and his other BEP publication, Navigating the Boom/Bust Cycle: An Entrepreneur’s Survival Guide (October 2021), provides decision makers with tools needed to help manage their businesses during the business cycle. Sabrin's autobiography, From Immigrant to Public Intellectual: An American Story, was published in November, 2022.
Whatever the financial/economic difficulty, the Fed will always be there as long as you are in the top 5%. The constitution has been mostly burned as the DC Swamp does whatever it wants to with no liability or accountability. DOGE will not make a pinprick of a dent in the corruption, graft and theft.
You need 535 congressional idiots all willing to grab the monster by the throat and wrestle it to the ground and keep it there for 20 years. That's the unrequited dream.