What’s one thing both parties agree on? Subsidies for big businesses with lots of employees—even if it comes at the expense of taxpayers and consumers. That’s the impetus behind last week’s semiconductor pork-barrel bill. At the same time, the Biden administration, spooked by inflation, sets out to change the definition of “recession,” apparently in hopes that terminology will ease the impact of disastrous spending and monetary policy. Then there’s Dr. Fauci, who now tells us that if he had it to do all over again, he’d insist on even more draconian lockdowns and restrictions.

We will discuss these issues and more in this week’s episode of Independent Outlook, featuring Independent Institute President Graham Walker, Ph.D., and Independent’s Director of the Center on Educational Excellence, Williamson Evers, Ph.D., and Senior Fellow Benjamin Powell, Ph.D.