Sen. Joe Manchin has agreed to support a "Build Back Better" lite that proponents claim will reduce inflation, give us better weather, and "pay for itself" through price controls and taxes. Perhaps we should be wary of such political "victories" for the political elites.
All too often, libertarians have equated liberty with atomistic behavior while treating private institutions with scorn. This just in: private institutions are cohesive, not destructive.
Real wages are going down, the cost of living is soaring, and new jobless claims are heading up at a rapid pace, and the savings rate has collapsed. But hey, at least there's no famine!
