“Social Security will be insolvent by 2034. One of the trust funds for Medicare will be insolvent even sooner. When insolvency hits, both programs will be subject to mandatory benefit cuts. The exact size of the cuts will depend on payroll tax collections in that year, but the current estimate is that Social Security will be able to pay only 80 percent of promised benefits in 2034.
As I wrote last month, when Republicans such as former President Donald Trump were making similar vows not to cut Social Security benefits: Promising to do nothing amounts to promising a roughly 20 percent benefit cut in a little more than a decade. There is no getting around that fact.”
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“Standing up for seniors (and everyone else who has been paying into Social Security and Medicare for their entire working lives) requires acknowledging that there is no reality in which the politicians do nothing and the entitlement programs continue functioning normally. The choice is between making changes now or accepting mandatory cuts in about a decade.”
“Biden announced a new carrot-and-stick immigration framework that would welcome tens of thousands of migrants to the U.S. each month and step up expulsions for unauthorized border crossers. David J. Bier, associate director of immigration studies at the Cato Institute, told Reason at the time that he expected “a meaningful reduction in unlawful crossings by incentivizing people to wait for the legal option to become available to them.””
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“According to CBS, unlawful crossings at the border dropped by 40 percent in January—”the lowest levels of illegal migration along the U.S.-Mexico border since President Biden’s first full month in office in February 2021.”
Biden does deserve credit for recognizing that more opportunities for legal immigration mean fewer people are driven to migrate illegally. He could have also mentioned, but didn’t, another thing he’s done right: The plan’s private sponsorship aspect allows ordinary citizens to sponsor Nicaraguans, Cubans, Haitians, and Venezuelans.
He also neglected to mention a big thing he’s done wrong. As migrant arrivals swelled, Biden leaned into Trump-era policies that made the problem worse.
His administration upheld President Donald Trump’s Title 42 order, which has allowed federal immigration officials to immediately expel migrants, ostensibly in the name of stopping COVID-19. Since Title 42 carries no reentry penalty, repeat crossings have ballooned, artificially inflating the number of repeat encounters. The American Immigration Council has noted that from FY 2021 through April 2022, one in three border encounters “was of a person on their second or higher attempt to cross the border.””
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“Yet while the president says he supports “comprehensive immigration reform,” his record paints a murkier picture. “Biden has enacted rules that shut countless farmers and small businesses out of the visa programs they depend on,” notes Sam Peak, an immigration policy analyst at Americans for Prosperity. “The fees and bureaucracy alone cost roughly $10,000 to hire just one farm worker….Biden insists on adding more red tape to these programs and fueling a black market for illegal immigration.””
“These requirements have long been found to increase the costs of infrastructure projects, but the promise of creating even more cost-increasing American jobs makes them a popular provision.
The $1.2 trillion Infrastructure Investment and Jobs Act (IIJA), which Biden signed into law in November 2021 re-upped requirements that federally funded infrastructure use American-made iron and steel. It also expanded those requirements to construction materials like drywall, copper wire, fiber optic cables, and lumber.”
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“Those requirements were supposed to kick in within 180 days of the law’s passage. Right before they did, the Biden administration’s Department of Transportation (DOT) issued a sweeping 180-day waiver for new Buy America provisions for construction materials, citing the cost and complexity of complying with those provisions.
Public comments from state departments of transportation, public transit agencies, and contractors all generally supported this waiver and, in fact, asked that it last for at least 18 months and as long as four years.
The reason is pretty straightforward: Buy America provisions greatly increase the costs of infrastructure projects.”
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“Expanding Buy America provisions, and cracking down on waivers, are a staple of all administrations and most State of the Union addresses. The fact they keep exempting themselves from these requirements shows that Biden—and his predecessors—understand at some level that they’re a bad idea.”
“That review, published by the Cochrane Library, an authoritative collection of scientific databases, analyzed 18 randomized controlled trials (RCTs) that aimed to measure the impact of surgical masks or N95 respirators on the transmission of respiratory viruses. It found that wearing a mask in public places “probably makes little or no difference” in the number of infections.”
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“The authors suggest several possible explanations for these results, including “poor study design,” inconsistent or improper mask use, “self-contamination of the mask by hands,” “saturation of masks with saliva,” and increased risk taking based on “an exaggerated sense of security.””
“”Millions of people moved during the pandemic, driven by the opportunity to work remotely, the desire for more space, and better affordability,” Nadia Evangelou, senior economist for the National Association of Realtors, wrote January 30. “Twenty-six states experienced an influx of people, with more people moving in than out, while twenty-five states lost movers … California (-343,230), New York (-299,557), and Illinois (-141,656) experienced the largest net domestic outmigration.”
California, New York, and Illinois lost the greatest number of people in raw numbers during 2022, but they were also all in the top ten in terms of the net percentage of population that left each state. New York lost 0.9 percent, Illinois lost 0.8 percent, and California lost 0.3 percent (tying with Pennsylvania, Mississippi, and Rhode Island).
These states all have something else in common: high tax burdens. “Tax burden measures the proportion of total personal income that residents pay toward state and local taxes,” notes WalletHub, which ranks states by the measure. Using an assessment based on property taxes, individual income taxes, and sales and excise taxes, WalletHub ranks New York as the most highly taxed state in the country, puts California in ninth position, and Illinois at 10.”
“These are the sorts of proposals that sound good in theory—who wouldn’t want to pay less in junk fees? But some of these fees exist for good reasons. (Late fees, for instance, encourage people to pay their bills on time, which is good for both credit card companies and for users, who will otherwise rack up more interest to pay back.) And in any event, companies aren’t simply going to say, “OK, we’ll just make less money.”
Hotels may respond by raising base room rates or charging new fees for typical amenities. Airlines that can’t charge for choosing your seat may raise base ticket prices, baggage fees, or other costs. Banks that can’t fine people for overdrawing their accounts may raise rates for opening an account, require higher minimum balances, or deny more people bank accounts to begin with. Credit card companies that can’t charge late fees may deny more lines of credit or charge higher interest rates. And so on.
All the Biden administration is really doing is shifting people’s costs around.”
“During the summer of 2020, the federal government seemed poised to offer some sort of reform to qualified immunity, the legal doctrine that shields local and state government actors—not just police—from facing federal civil suits when they violate someone’s constitutional rights, so long as the way they infringe on the Constitution has not been “clearly established” in prior case law. That explains, for example, why two cops who allegedly stole $225,000 while executing a search warrant could not be sued for that act: While we would expect most people to know that was wrong, there was no court precedent that said theft under such circumstances was a constitutional violation.
It’s an exacting standard that can defy parody in the ways in which it prevents victims of government abuse from seeking damages in response to government misconduct. In the case of Tyre Nichols, for example, it’s quite plausible that the officers who killed him could be convicted of murder and still receive qualified immunity—a testament to how disjointed and unforgiving the doctrine can be.”
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“Those skeptical of qualified immunity reform typically cite an uneasiness about bankrupting officers. They can take heart that cities indemnify their employees against such claims, meaning the government pays any settlement. It’s certainly an imperfect solution in terms of holding individual bad actors accountable, but it gives victims of state abuse an outlet to achieve some semblance of reparation. Make it so any settlements come out of a police pension fund, and you’ve created a major incentive for departments to excise its consistently problematic actors.”
“The West isn’t really saying “never” on fighter jets for Ukraine — it just wants to focus first on getting Kyiv weapons for a looming offensive.
That’s the sentiment emerging in the wake of U.S. President Joe Biden’s blunt “no” — echoed to various degrees by leaders in Germany and the U.K. — to the question of whether he would be sending Ukraine the fighter jets it is requesting. While officials have publicly remained relatively unequivocal that no jets are forthcoming, private discussions indicate it may actually just be a matter of time.”
“Chinese state-owned firms are building up their presence near the Strait of Hormuz in the Middle East, a new report says, raising the risks of a future clash with U.S. interests in one of the world’s busiest oil transitways.
The growing footprint of Chinese commercial activity in the area, including billions of dollars in investments in oil pipelines and storage terminals alongside the Persian Gulf, is fueling worries from U.S. national security hawks who fear it could provide Beijing with dangerous influence over a major choke point for petroleum shipments.”
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“China has previously used spending on pipelines, ports and other commercial facilities to pave the way for military bases near strategic locations such as the mouth of the Red Sea, the CSIS authors write. Now, China’s investment in regional ports and infrastructure in Oman and the United Arab Emirates could provide an entry point for Chinese naval ships in the strait. Such ships already travel nearby waters to patrol against pirate vessels.”
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““Everything in the private industry in China is somewhat connected to the larger CCP or the PLA,” said the official, who was granted anonymity because he wasn’t authorized to be quoted in the media. “Even if you’re a private company, you might be called upon by the Chinese government to share intel.””