The Unwanted: Immigration and Nativism in America

““nativism, xenophobia, and racism are hardly uniquely American phenomena. What makes them significant in America is that they run counter to the nation’s founding ideals. At least since the enshrinement of Enlightenment ideas of equality and inclusiveness in the founding documents of the new nation, to be a nativist in this country was to be in conflict with its fundamental tenets.””

https://www.americanimmigrationcouncil.org/report/unwanted-immigration-and-nativism-america/

Jerome Powell says the Gen Z hiring nightmare is real: ‘Kids coming out of college…are having a hard time finding jobs’

Jerome Powell says the Gen Z hiring nightmare is real: ‘Kids coming out of college…are having a hard time finding jobs’

https://www.yahoo.com/news/articles/jerome-powell-says-gen-z-212422015.html

The Perverse Incentives for Snitch-Tagging Teachers Who Criticized Charlie Kirk

“Public employees have robust protections against being fired for such speech, unless it proves exceptionally unpopular.
This feature of First Amendment jurisprudence, and the bad incentives it creates for cancel culture campaigns, is on full display following the horrific assassination of Charlie Kirk last week…

In a country where some 22 million civilians are employed by the government, the pool of people who’ve made nasty comments about Kirk naturally includes some public sector workers…

At first blush, this would suggest that even government employees who explicitly praised Kirk’s assassination have First Amendment protections against being fired for that speech, however distasteful.

Whether or not they can, in fact, be fired turns on how much their comments disrupt government operations.

Consequently, the more outrage that can be directed at a particular public worker’s employer, and the more of a headache retaining that worker becomes as a result, the less the First Amendment will protect them from losing their job.

That creates a powerful, toxic incentive to gin up anger at individual government workers as a means of erasing First Amendment protections they have for off-the-job speech…

Kirk was undoubtedly a polarizing figure. The strong feelings, both negative and positive, that he elicited in people are one reason his murder has become such a huge public conversation.

It’s inevitable in that context that some people will say intemperate, mean-spirited things about the man.

It’s foolish to trust online snitch-taggers to be judicious in determining who they’re going to try to get fired, particularly when the more outrage they can generate serves to route around First Amendment protections for government workers’ speech.”

https://reason.com/2025/09/16/the-perverse-incentives-for-snitch-tagging-teachers-who-criticized-charlie-kirk/

$69 Billion Bond Auction – Why Yields are Up Since the Fed Cut Rates (A Warning)

Long term bond yields rose after the Fed cut. This is the bond market signaling to the Fed that the interest rate cut was not needed and that they have less confidence that the U.S. will remain solvent in the long term. We should watch and see if this signal maintains over the weeks to come.

https://www.youtube.com/watch?v=Yr6pBTKg1VY

Trump Has a Habit of Asserting Broad, Unreviewable Authority

“Whether he is waging the drug war, imposing tariffs, deporting alleged gang members, or fighting crime, the president thinks he can do “anything I want to do.””

https://reason.com/2025/09/17/trump-has-a-habit-of-asserting-broad-unreviewable-authority/

Trump’s $15 Billion Lawsuit Against The New York Times Is His Craziest One Yet

“rather than straightforwardly listing the facts of the case, the complaint spends dozens of pages histrionically detailing how great Trump is and how terrible The New York Times is. It reads less like a formal legal document than one of Trump’s social media posts, calling the Times a “full-throated mouthpiece of the Democrat Party” engaging in “wrong and partisan criticism.”
“This lawsuit has no merit,” the Times said in a statement. “It lacks any legitimate legal claims and instead is an attempt to stifle and discourage independent reporting.”

In its very first statements of fact, the lawsuit brags that Trump “won the 2024 Presidential Election over Vice President Kamala Harris in historic fashion, emerging victorious in both the Electoral College and the popular vote, and securing a resounding mandate from the American people,” which it calls “the greatest personal and political achievement in American history.” It even includes a screenshot of the election results. (During his first term, Trump often passed out copies of the 2016 election map to visitors.)”

This guy obviously has serious personality issues; personality issues that don’t make a good president!

https://reason.com/2025/09/17/trumps-15-billion-lawsuit-against-the-new-york-times-is-his-craziest-one-yet/

How Did Poland Get So Far Ahead of Hungary?

“Hungary was once wealthier than Poland—it had a per capita GDP of $21,400 in 1990, when it also emerged from under the thumb of the Soviet Union—but it now lags considerably and seems to be falling farther behind. A share of the blame goes to Hungarian President Viktor Orbán, who embarked on an economic and ideological project during the 2010s that caught the attention of conservatives and nationalists across the globe, particularly in the United States. Along with a crackdown on immigration, Orbán is a ferocious economic interventionist. In 2021, for example, he responded with aggressive price controls on food, fuel, and other essentials to combat inflation.

That shift toward statism brought predictable shortages and, as Balcerowicz warned, stagnation. Hungary’s economy sank into a recession after posting negative growth in the last two quarters of 2024.

Hungary’s brash strongman is skilled at drawing attention to himself. But Poland’s stability and growth ought to show the way forward—not just for central Europe, but for any place that throws off the shackles of authoritarian ideology and the central planning that comes with it.”

https://reason.com/2025/09/18/poland-climbs-hungary-slips/