Opinion
Musk is just the latest target of envy-driven wealth redistribution
Envy should not be an organizing principle of society, and government efforts to enforce wealth equality are a mortal threat to a free society.
Opinion
The blowback on student loan forgiveness
Even if one only counts Carolina Journal opinion submissions, there is tangible anger over President Biden’s student loan forgiveness order. The administration is receiving plenty of backlash on multiple fronts. Those include the graduates that worked and paid back loans on their own, but the more politically damaging group is the working class that never even went...
Opinion
Biden can’t buy my vote
Amid crippling inflation and plummeting poll numbers, President Biden threw a Hail Mary this week — announcing a sweeping student loan forgiveness plan of up to $10,000 per borrower, or up to $20,000 for those with Pell Grants. Simply put, Biden’s grasping at more taxpayer dollars to influence the vote before the November midterms. As...
Opinion
Got to pick a pocket?
Truly combating poverty means improving education, strengthening families, and encouraging the entrepreneurship that leads to job creation and income growth.
Opinion
Got to pick a pocket?
Combating poverty means improving education, strengthening families, and encouraging the entrepreneurship that leads to job creation and income growth.
Opinion
The harsh downsides of ‘Biden bucks’
In selling the supposed benefits of his recently unveiled spending proposals – that would total more than $4 trillion over several years – President Joe Biden bragged that his plans are “designed to redistribute the nation’s wealth.” On this point, I agree. But the wealth redistribution will not be in the way he means it....
Opinion
Can Biden resist deeper attacks on capitalism?
Much has already been written about Joe Biden’s presidency. His plans that will expand the size and scope of the federal government receive the most attention. Biden quickly pushed a $1.9 trillion coronavirus relief package through Congress, despite unanimous Republican opposition. This was on top of $3 trillion of relief passed while Donald Trump was...
Opinion
Redistributing income isn’t investment
There are clearly public investments worth raising taxes to finance — but after a certain point, higher taxes depress valuable private investment more than they increase valuable public investment.
Opinion
Exposing Questionable Claims About Inequality
Economist Thomas Sowell’s latest book targets proposals from those who want to redistribute income and wealth.
Opinion
Jobs Lost At a Minimum
Government-mandated minimum wages nearly always boost the incomes of some workers at the expense of other workers losing their jobs.
Opinion
Got to Pick a Pocket?
To take money out of someone else’s pocket and put it in your own creates no value. You benefit at the direct expense of your victim.
Opinion
Spending Like It’s 1969
Liberals sometimes defend the recent growth in government as a “public investment” that will pay future economic returns, but this is nonsensical.
