Taxation Without Reason By John Stossel
My income tax is due in a few weeks!
Bad news for the media often feels like good news for conservatives.
What's been missing these past couple of months from the coverage of and debate over the failed immigration bill? Some important basic facts and lots of historical context.
— In the post-World War II era, there have been nearly 200 instances of states voting for one party for president and another for Senate in presidential election years.
— This type of ticket splitting has generally been to the benefit of Democrats, who have been out of the White House for a slight majority of that timespan.
— The split-ticket trend has been declining, but Democrats will want to reverse that to some degree this year.
President Joe Biden is boasting about the recent stock market rally. He's right that stocks have been on a tear for the last 14 months. The S&P 500 hit 5,000 for the first time in history. That's up from 500 some 30 years ago.
What does America's overclass think of the rest of us? The short answer is "not much." They think ordinary people's splurging on natural resources is destroying the planet and needs to be cut back forcefully. And that the government needs to stamp down on ordinary people enjoying luxuries that, in their view, should be reserved for the top elites.
–Last week, national Republicans got their best possible Senate recruit in deep blue Maryland, with former Gov. Larry Hogan.
–Though Hogan will be hard pressed to actually win, as has been the case with some other recent “crossover” governors who’ve run in Senate races, his candidacy is notable enough that it moves Maryland onto the periphery of the competitive map.
–In Montana, Rep. Matt Rosendale (R, MT-2) finally entered his state’s Senate contest, setting up a primary with Tim Sheehy, who national Republicans prefer.
— In Arizona, Kari Lake, a pro-Trump election denier, received the nod from national Republicans, though Sen. Kyrsten Sinema’s (I-AZ) plans are still not known.
— With Democrats being so exposed this cycle—they hold roughly two-thirds of the Senate seats that will be up—it’ll be important for them to minimize their losses.
On CNN, a "reporter" interviewing Vice President Kamala Harris gushes, "I'm struck, just in your presence! Looking you in the eye, with your passion ... "
Really?
Vladimir Putin is fighting a war he can't win against forces he doesn't understand.
What happens when a political party becomes demotic? Before answering the question, note that the word in question is not demonic, from the Greek word daimon, meaning a deity (remember that the Greek gods were notoriously jealous and greedy), but demotic, from the Greek word demos, meaning the people -- the same root as democratic.
— We are making 7 House rating changes this week, with 4 benefiting Democrats and 3 benefiting Republicans.
— Republicans continue to be closer to the magic number of 218 in our ratings than Democrats, but there are enough Toss-up races that we broadly consider the race for the House to be a Toss-up overall.
— The NY-3 special remains highly competitive less than a week before the election.
The media warn, "Artificial intelligence will replace millions of jobs."
She's just won the Grammy for album of the year.
It's a miracle of private sector innovation and the magic of the free enterprise system that technologies that were only the playthings of the super-rich a generation ago are now available and affordable to almost all Americans.
The last six or seven months have been a couple of tough seasons for public policies based on lies. Two examples come to mind.
Trust is foundational in relationships, whether between two individuals or between individuals and institutions.
A Gallup survey from last summer found, “Americans’ faith in major societal institutions hasn’t improved over the past year following a slump in public confidence in 2022."
—With a lull in the primary calendar, we thought we’d take a closer look at last week’s New Hampshire primary.
—Nikki Haley’s town-level victories were confined almost exclusively to places that Joe Biden carried in the 2020 general election.
—Although Biden showed some weakness in a few of the state’s larger cities, he carried nearly every town in the state.
—The GOP primary saw the most raw votes cast of any New Hampshire primary contest, but that was driven in part by participation from voters who likely won’t be voting Republican for president in the fall.
Argentina actually elected a libertarian president.
Here's a sad and textbook case of how companies all too often use the strong-arm of government to destroy their competition.