From Stephen Moore <[email protected]>
Subject Unleash Prosperity Hotline #1256 – Weekend Edition
Date May 2, 2025 2:52 PM
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Unleash Prosperity Hotline – Weekend Edition
Issue #1256
05/02/2025 – 05/04/2025
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1) South Carolina Joins School Choice Parade

Are you getting tired of winning yet?

South Carolina has just become the 17th state to adopt full school choice in the past four years. The bill passed the state House 77-32, with three Republicans voting no and zero Democrats voting yes.

It is headed to Governor Henry McMaster's desk and he will sign the bill. It will make roughly 85% of South Carolina families eligible for education scholarships of up to $7,500 and that number will be adjusted for inflation.
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The funding would come primarily from lottery proceeds.

The teacher unions will bring a lawsuit to block the bill.

"Diverting these funds from the many for the benefit of a few, by whatever means, undermines our public schools and threatens the quality of education that is vital for all South Carolinians," their statement read. "Our children deserve better."

That's a non sequitur, because choice and competition INCREASE child achievement in the classroom.

Our school choice alliance with our friends at ALEC and other groups has been succeeding big time. Here's a map of the states that have school choice. Almost all of them are red states:
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2) Wait! Taxes Affect People's Behavior? Shocking!

If anything good has come out of the tariff wars, it is that even the media has suddenly validated the idea that we don't live in a static world and that businesses, workers, and capital flows are influenced by changes in tax rates. This flurry of news headlines inadvertently confirms how "static analysis" is contradicted by real world evidence:
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If high tariffs distort behavior, why wouldn't income taxes, business taxes, and other extractions?
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3) House Votes to Overturn California's Ban on Gas Cars

We have been strong supporters of this Congressional Review Act effort because the automobile market is clearly interstate commerce. And Biden let Calfiornia take the lead to eventually ban internal combustion vehicles nationally.

Banning gas cars is wildly unpopular. This may explain why every House Republican and 35 House Democrats - the biggest bipartisan vote on a green issue in recent memory - voted to let Americans drive the car of their choice.
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These are the 35 Democrats who voted yes, including two from California and six from New York:
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Next up is the Senate. Maybe.

The Senate Parliamentarian is reportedly taking the puzzling view that even though the EPA has validly transmitted the waiver as a rule under the Congressional Review Act, the GAO's legal opinion overrides that submission. This is despite the fact that the GAO's report - issued at the request of Democrats seeking to sabotage this Senate vote - includes a footnote that confesses the GAO has no role once the agency has submitted to Congress:
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4) Government By Executive Order

This chart shows that in his first hundred days, Donald Trump issued more Executive Orders than any other modern president.
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This is a little misleading because roughly half of these orders were reversing odious Biden directives on ESG, racial preferences, expanding government health care coverage, allowing men to play in women's sports and so on.

We're happy that Trump has done so. But we're also concerned that the trend over the past few decades has been to empower the Executive Branch to make laws with a president's stroke of the pen. Call us old fashioned, but that's supposedly why we have Congress.

The most worrisome example that we've mentioned before is the president unilaterally raising taxes/tariffs to as high as 125% without explicit congressional approval.

Could a president Gavin Newsom declare a climate "emergency" and assert the power to raise income taxes to 80%?

So much for checks and balances.

This sets an extraordinarily dangerous precedent for the future of limited government and conservatives may rue the day.
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5) Gavin Newsom Touts California Economy - the State that Everyone Is Leaving

Governor Gavin Newsom is running for president. His biggest problem is that he presides over a state that even a New York Times columnist said last week was "Exhibit A In progressive misgovernance."

Last week, Gavin went on offense and bragged that California now boasts the world's fourth largest GDP, surpassing Japan.
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In a national 2024 survey, only 15% of respondents felt that California was a model for other states and only one-in-three Californians think the state is a good place to achieve the American dream.

But the one statistic that doesn't lie is that record numbers of Californians are leaving the state for greener pastures.
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6) But Can He Turn Water into Wine?
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1. Communion wine will now be replaced with Diet Coke: Alcohol shall never touch Trump's lips.
2. Big-Macs will now be allowed on Friday during Lent: Thank you, Pope Donald.
3. The song "YMCA" will be declared an official hymn: Mass is about to get a lot more exciting.
4. The face of Trump will be painted over the face of Adam in the Sistine Chapel: Beautiful.
5. The Art of the Deal will be promulgated ex cathedra immediately.
6. Massive tariffs will be levied against purgatory: We will have so much better terms on time spent in purgatory, believe me.
7. Confessions must now begin with confessing your favorite Pope: Hint: It's Pope Donald.


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