The Conversation Sun 02. 25. 2018.

Trump Administration Restores An Escape Valve From Obamacare's Insurance Regulations
Avik Roy, Forbes.com

Energy Efficiency Program Is Costing Homeowners, Taxpayers
Kenneth Artz, The Heartland Institute

Income Inequality Isn’t The Problem
David R. Henderson, The Hoover Institution

“The Conservative Case For …” Giving In To The Left
William M. Briggs, The Stream

The Power And Prevalence Of Virtue Signaling
Ron Ross, The American Spectator

Iceland Is Trying To Ban Male Circumcision
John Ellis, PJ Media

Set NASA Free [Watch]
Philip H. DeVoe, National Review

Full Transcript: Tipster Warns FBI Parkland Shooter ‘Is Going To Explode’
Rachel Stoltzfoos, The Federalist

50% Of Likely U.S. Voters Now Approve Of President Trump’s Job Performance
Rasmussen Reports

The GOP Tax Law Used To Be Extremely Unpopular. Not Anymore [Watch]
Marc Thiessen, Fox News

There’s A Trust Crisis In Government. It Must Be Fixed.
Cathy McMorris Rodgers, National Review

Liberals Have A New Plan To Take Over The Health Care System. What You Need To Know.
Christopher Jacobs, The Federalist

Union Power At Stake In Titanic Supreme Court Case [Watch]
Kevin Daley, The Daily Caller

Report: Four Of Sheriff Scott Israel’s Deputies Waited Outside Douglas High During School Shooting
Awr Hawkins, Breitbart

FMC Barometers

FreeMarket Central

Numbers as of last Friday close.

[Total = Federal, state & local
Source: usgovernmentspending.com]

FreeMarket Central What is Gross Output?


Why are these numbers important?

Shadow Stats Snapshot


FreeMarket Central

ShadowStats alternate economic indicators are based on the methodology of noted economist John Williams, specialist in government economic reporting.

  • Unemployment:
    FreeMarket Central BLS: 4.15%
    FreeMarket Central Shadow Stats: 21.8%
  • Inflation:
    FreeMarket Central January Year-to-Year: 2.11% (CPI-U*)
    FreeMarket Central Shadow Stats: 9.9%

*[cpi-u is the Bureau of Labor Statistics inflation rate for all urban consumers]

Wisdom


Government: Rich by Force

There is all of this protesting against corporate power, but in reality, corporations have to persuade you - they could have a ton of money, but actually only government can use force.

-- John Stossel,

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In Search Of History

The Reagan Tax Cuts Worked

Thanks to "bracket creep," the inflation of the 1970s pushed millions of taxpayers into higher tax brackets even though their inflation-adjusted incomes were not rising. To help offset this tax increase and also to improve incentives to work, save, and invest, President Reagan proposed sweeping tax rate reductions during the 1980s. What happened? Total tax revenues climbed by 99.4 percent during the 1980s, and the results are even more impressive when looking at what happened to personal income tax revenues. Once the economy received an unambiguous tax cut in January 1983, income tax revenues climbed dramatically, increasing by more than 54 percent by 1989 (28 percent after adjusting for inflation).

 

-- Daniel J. Mitchell,