The WSJ has an op-ed on New Jersey’s Supreme Court passing, what is effectively, an appropriations bill. "[T]he state high court ordered the state to spend an additional $500 million for 31 schools in some of the state’s worst districts." So much for limited government.
Chuck on policing:
It is much more preferable to have our safety come from the virtue of the citizenry. Self-policing through networks of shame, responsibility, and duty to community are preferred to the mercenary efforts of people who erect crappy imitations of the same virtues.
Unfortunately, "shame, responsibility, and duty to community" are out-dated concepts. Safety will have to be provided by an ever-larger state as a result.
Congress no longer “legislates” (that is, passes binding universal laws) in the way the Founders intended when they wrote the Constitution. Instead, Congress passes general statutes containing policy goals, but delegates the power to write the actual operating laws to executive branch administrators and independent agencies. In practical terms, this means that the executive branch and independent administrative agencies, rather than Congress, actually determine the details—the real law as it will operate on citizens.
The post goes on to argue that agencies legislation is arbitrary. I disagree. Agency legislation is highly predictable – agencies want more funding and they will craft the legislation in a way that will get them more.
China wants to start a special economic zone . . . in Idaho.
Married people tend to be better off than unmarried people, so Matthew Yglesias thinks we should tax married people more heavily. What could possibly go wrong? It’s not like you can get un-married or anything.
There’s been a lot written about why banks aren’t lending. I reviewed some loan files in my day, and I don’t see how it would be possible to make loans in today’s environment. Imagine trying to figure out what your healthcare and energy costs will be in 7 years.