MI Governor’s Rule-Breaking Is Nothing New—Here’s Why Politicians Seem to Favor Hypocrisy

Michigan Gov. Gretchen Whitmer isn’t the best at following orders. But then again, neither are the majority of her colleagues in politics. 

After prohibiting Michiganders from traveling between residences they own at the height of the pandemic, Gretchen got some attention for allowing her own husband to travel between their homes. Now, the Democrat is once again under fire for posing for pictures with a score of people who do not belong to her household, all the while MI’s social distancing rules remain in place. Seems like hypocrisy isn’t an issue she’s willing to work on—but is she the only politician suffering from that problem? 

A Black Hole in California’s Fiscal Management

Does $320 billion sound like a lot of money to spend?

If you answer yes, would you agree it is a good idea to have some way of keeping track of how and where you spent that money? All the way down to the penny?

Now, what if that was your job? What would it say about you and your ability to do that job if you either couldn’t or wouldn’t track any of the spending you’ve been hired to oversee?

Inflation Facts

Widely reported in the financial news, inflation skyrocketed in March–the Consumer Price Index was up 0.8% in just one month. Year over year, the inflation rate from March 2020 to March 2021 was 4.2%. Many people have told me they think those figures are understated from their own shopping experience, but I’m taking all my data for this post from the Bureau of Labor Statistics Consumer Price Index (CPI).

What can we expect, looking ahead? From March to December of 2020 the CPI was up 1.6%, which means that if the CPI rises 1.6% for the rest of this year, inflation at year-end will be 4.2%. There’s a good chance that inflation for the remainder of the year will be higher than that, in which case even 5% inflation for 2021 would be a conservative estimate.

Unlike Politicians, Athletes Showcase Proven Performance, Market Values

With the first pick in the 2021 NFL draft, the Jacksonville Jaguars selected Trevor Lawrence, a quarterback out of Clemson. Lawrence boasted a winning percentage of .944, completed 66.6 percent of his passes and accounted for 90 touchdowns with only 17 interceptions.

With the fifth pick in the 2021 NFL draft, the Cincinnati Bengals selected wide receiver Ja’Marr Chase out of Louisiana State. In 2019 Chase had 84 catches for 1,780 yards, and 20 touchdowns, and was a member of LSU’s national championship team. 

The Essential James Buchanan

I am delighted to announce that The Essential James Buchanan, which I co-authored with Don Boudreaux, has been published by the Fraser Institute. The book can be purchased on Amazon Kindle for $.99 or downloaded at no charge from the Fraser Institute’s website, and will also be available soon in hardcover and paperback for those who like to hold real books.

Reality Check Ahead on Deficit Spending

George Orwell has a famous insight from his 1945 work Notes on Nationalism.

“One has to belong to the intelligentsia to believe things like that: no ordinary man could be such a fool.”

Most people run into this insight in a paraphrased form.

“There are some ideas so absurd that only an intellectual could believe them.”

That’s not something Orwell said or wrote, but is often attributed to him because of the power of his insight.

Orwell’s insight comes to mind because of the Biden-Harris administration’s implicit adoption of what’s called Modern Monetary Theory, which holds that “deficits no longer matter”.

Lockdown-Led Big City Exodus: An Economic Boost to Small Towns?

Smaller cities and bigger towns in the heart of America are seeing a considerable influx of new residents, and with this, we should soon expect to see a boost in their economies as well. But while there is enough data to support the notion that Americans in large cities like New York City and San Francisco are moving to smaller metros, legacy media is resisting it, choosing to, instead, deny that the government-led interventions prompted by covid-19 have hurt Americans enough to force them to flee. 

But despite their attempt to ignore the economic reality of a large portion of the urban population, the economic downturn brought by the lockdowns forced some people to rethink their living arrangements. 

Bobby Kennedy, Joe Biden, and the Fallacy of Shaw’s Serpent

The progressive U.S. Senator and presidential aspirant Robert (“Bobby”) Kennedy campaigned successfully during the 1960s on the strength of a line pinched from the playwright George Bernard Shaw (Back to Methuselah, 1921): “You see things; and you say ‘Why?’ But I dream things that never were; and I say ‘Why not?’” These hypnotic words were uttered by the Serpent in the socialist playwright’s Garden of Eden.

Progressive politicians who seek to “perfect” individuals and societies by governing in this cavalier manner succumb to the fallacy of Shaw’s Serpent. The proof of fallacy is revealed in the thick history of failed utopian attempts to govern as if individuals and societies were as malleable in fact as they are in political theory. Such attempts have condemned hundreds of millions of ordinary individuals to lives of abject misery and desperation.

Fed Chief Says U.S. on Unsustainable Fiscal Path

Do the U.S. national debt and the government’s budget deficits matter?

If you listen to the economists shaping the Biden administration’s policy agenda, they say they do not. Their basic argument is that with interest rates so low, the government can borrow as much as politicians want to spend. They think they never have to worry about paying the debt.

Progressivism’s Life Cycles

Political and social experiments come and go like the seasons. Grand ideas for perfecting humanity flare, run their course, and then pass away, leaving behind only their smiles, wreckage, unpaid bills, and national catharses. Glorious summers of impossible, something-for-nothing progressive promises are followed by discontented winters of squandered opportunities for restoring eternal, classical-liberal values. Radical social experiments, whose outcomes routinely fall short of their intentions, fail in part because of their dead weight, and partly because postmodernist individuals balk at the social coercion that gives progressivism its traction.

  • Catalyst
  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org