Trump Releases His First Budget Blueprint: Here Are The Winners And Losers

Every budget has winners and losers. (Hey at least we have a budget.) But the losers for too long have been the American taxpayers. This must change. There is perhaps some – some – hope here. Though that $54 billion for the Pentagon should be given back to the American people.

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Socialized Medicine: NHS rationing ‘leaving dying patients to suffer in pain’ report warns

One of the rules in my family growing up was “never go to a European hospital if it could be avoided.” Not that it mattered much because after the earliest part of my life we never went back to Europe.

No doubt things are better now but my parents had some interesting experiences (to say the least) with the British and Italian health care systems.

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Have regulations increased monopolies?

Yes. Absolutely yes! In fact monopolies can not survive without government protection. The economist Murray Rothbard pointed this out. (Others have too.)

In the event of a “free market” monopoly (Actually a misuse of the word “monopoly.” According to Rothbard monopolies were originally granted by a king etc.) the colluders almost always start to undercut each other once they arrive at an agreement. Then sooner or later the cartel starts to fall apart. The only thing that can keep this medium term disintegration from happening is government.

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Trump undertakes most ambitious regulatory rollback since Reagan

Good. Our society is way over regulated. Too many laws. Too many rules. Too much red tape. Too many bureaucrats.*

Not only is it OVER regulated, many of the regulations which burden the economy are written by cronies of various kinds (inside and outside of government) and are designed to hamper competition. The economy needs to be able to breathe to work and to create work for workers.

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Trump’s Plan To Cut Regulations Will Face A Surprising Foe (But not surprising to us)

It’s probably not surprising to regular readers of this website either.

Big business LOVES government. It in many respects LOVES regulations. Whose lobbyists do you think write the regulations?

Regs often game the system toward the connected and entrenched. A Federal subsidy here. A new regulation that shuts out up and coming companies and technology there.

Cutting regulations is good for the economy. It’s good for small and medium sized businesses. It isn’t always so good for the behemoths that have teams of people working the politicians on Capitol Hill.

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Glenn Greenwald: Trump will have vast powers. He can thank Democrats for them.

This is exactly correct. Supposed “liberals” and “progressives” (at least many of them) sold out the last vestiges of “liberalism” with President Obama. In many ways “liberals” and “progressives” within the Democratic Party just devolved into authoritarians. They allowed Obama to run roughshod over the Constitution and to expand the power of the Executive Branch because, well, Obama was your guy.

You were hoodwinked. And the thing is many of you (but not all) were willfully hoodwinked.

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