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** May 6, 2021
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** By Daniel Lacalle
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** Three Reasons Why the Biden Tax Increase Makes No Sense ([link removed])
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Biden’s tax increase plan does not make sense from a growth, revenue, or deficit perspective, and it does virtually nothing to address the real problem: ballooning spending on programs like Social Security.
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** By José Niño
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** The Ruling Class Only Cares about Democracy When It Helps Them ([link removed])
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Democracy is only acceptable when the outcome is what the ruling class wants. Fortunately, the federal courts are always handy to overturn the results of free elections.
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** By Frank Shostak
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** Monetary Pumping and Idle Resources ([link removed])
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A loose monetary policy that is aimed at boosting use of idle resources won't work. Idle resources only become profitable and efficient when we have enough real savings. Unfortunately, easy money policies destroy real savings.
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