John Bolton on Trump’s Cabinet Picks and What to Expect in His Second Term
https://www.youtube.com/watch?v=rSNlKi712pg
Lone Candle
Champion of Truth
https://www.youtube.com/watch?v=rSNlKi712pg
“Last fall, Milei eliminated what The Wall Street Journal termed one of the world’s “strictest” rent-control laws. Per its report: “The Argentine capital is undergoing a rental-market boom. Landlords are rushing to put their properties back on the market, with Buenos Aires rental supplies increasing by over 170 percent. While rents are still up in nominal terms, many renters are getting better deals than ever, with a 40 percent decline in the real price of rental properties when adjusted for inflation.”
With price controls, businesses flee the market because they cannot get a sufficient return on investment. As a result, supply for whatever is controlled falls even as demand stays steady or rises. That’s why price controls on gasoline lead to long lines at gas stations. If prices can’t adjust to reflect supply and demand, then people simply can’t get the items they want.
Sure, removing controls initially raises prices—but then new businesses jump into the fray to capitalize on the market and the boost in competition then reduces prices. By contrast, tightening up government price controls just leads to increasing levels of scarcity and misery.”
https://reason.com/2024/10/11/argentina-ended-rent-control-guess-what-happened-next/
“Video footage of Phoenix police officers beating and tasing a deaf black man with cerebral palsy has led to an internal investigation and widespread media coverage—and it couldn’t come at a worse time for the city. This summer the Justice Department (DOJ) released a scathing report accusing the police department of systemically violating the civil rights of vulnerable residents.
Local TV news outlet ABC15 first published footage last week showing the violent arrest on August 19 of Tyron McAlpin, who is now facing felony aggravated assault and resisting arrest charges as a result of the incident.”
https://reason.com/2024/10/16/phoenix-police-pummel-a-deaf-man-months-after-the-justice-department-found-widespread-civil-rights-violations/
“The United Nations (U.N.) has accused Nicolás Maduro’s Venezuelan government of committing “gross human rights violations” in the wake of July’s disputed presidential election. According to a report.., the regime’s security forces were responsible for killings, forced disappearances, and physical, psychological, and sexual torture.”
https://reason.com/2024/10/16/venezuelas-post-election-crackdown-was-filled-with-human-rights-abuses/
A network of autocracies work together worldwide to undermine the interests of democracies.
https://www.youtube.com/watch?v=GtRn6YD9cp8
https://www.youtube.com/watch?v=SLr78zOubfI
No Place To Go
https://reason.com/2024/10/15/no-place-to-go/
“”The China tariffs are, in my view, a significant piece of leverage—and a trade negotiator never walks away from leverage,” U.S. Trade Representative Katherine Tai said at that time. The Biden administration, she added, was seeking to turn that “leverage into a strategic program that will strengthen American competitiveness and defend our interests in a global economy in which China will continue to play.”
More than two years later, and nearly four years after Biden took office, what has that supposed leverage accomplished? Tai provided the answer to that question this week during an interview with Bloomberg.
“We really haven’t seen the [People’s Republic of China] make any changes to its fundamental systemic structural policies that would make sense for us to provide any relaxation,” Tai told reporter Eric Martin for his Supply Lines newsletter.
In fact, Tai noted that there aren’t any ongoing negotiations between the U.S. and China right now—but don’t worry, she’s still insistent that the tariffs are useful for…something. “At the moment we are not negotiating anything with the PRC on trade,” she told Martin, “but one day we may be back at the table, in which case these tariffs will be useful as leverage, right?”
In summary, Tai’s position seems to be that American businesses and families must continue bearing the cost of the Trump-Biden tariffs even though those tariffs have plainly failed to achieve their primary policy goal (changing China’s behavior) because there’s a chance that someday, somehow, that might make a difference.”
https://reason.com/2024/10/15/bidens-top-trade-official-just-admitted-tariffs-havent-changed-chinas-behavior/
“Eberstadt’s work shows that the decline in work force participation of American men has been steady and ongoing since the 1960s. It has continued steadily during periods when immigration has been high, and when it has been low.
Other economic factors also fail to explain this steady decline, as Eberstadt wrote in an essay for National Affairs in 2020: “The tempo of workforce withdrawal appears to be almost completely unaffected by the tempo of national economic growth, which varied appreciably over this period. Even recessions—including the Great Recession—appear to have scarcely any impact on the trend. Likewise, the NAFTA agreement, China’s entry into the World Trade Organization, and other ‘disruptive’ trade events with major implications for the demand for labor in America do not stand out,” Eberstadt wrote in 2020.
In other words, it’s not the natcon boogeymen of free trade and immigration that are driving this outcome. Eberstadt has argued that a lack of educational options for low-income men is the primary cause, though a number of cultural changes have also played a role, including “family structure, government-benefit dependence, and mass incarceration.””
…
“Contrary to Vance’s claim, it does not seem like most of those men have been forced out of the work force by employers who are eager to “import somebody from Central America who’s going to work under the table for poverty wages.” Rather, they’ve left the work force for a variety of reasons. Some are in jail, some are disabled, some are caring for family members or otherwise unable to commit to a full-time job. The notion that America has 7 million able-bodied men who would be working if only they could find a job is misguided.
Vance’s argument also ignores other relevant details, like the fact that men’s participation in the labor force has increased over the past four years. It’s not what you’d expect to see if the Biden administration’s immigration policies were forcing working-age American men out of jobs.”
…
“”Inability to find a job has played a minimal role in men’s declining labor supply,” concluded Eberstadt’s colleague Scott Winship, a senior fellow at the American Enterprise Institute, in an essay published last month by Fusion. After reviewing decades of data about why nonworking men are still without a job, Winship concluded that “only about a quarter of the increase in prime-age men who were jobless for a full year was explained by men who wanted a job.””
…
“”The decline in work force participation among working-age men hasn’t been due to any deterioration in the labor market or economy,” Winship wrote in an email on Wednesday. “It mostly reflects rising school enrollment, increased responsibilities at home, earlier retirement, and especially increased receipt of disability benefits. The latter is primarily a problem with our disability policy rather than with our economy.””
https://reason.com/2024/10/17/j-d-vance-says-7-million-able-bodied-men-have-dropped-out-of-the-labor-force-where-are-they/
Biden was the most pro-worker president in a long time, and no one gave a shit.
https://www.youtube.com/watch?v=tH_qmclOZ6U