The Heartland Institute’s Steve Stanek interviews Vikrant Reddy, from the Right On Crime Initiative of the Texas Public Policy Foundation, to discuss alternative conservative approaches to incarceration.
Did Janet Yellen,
(1) see any problem in the housing bubble,
(2) anticipate the bursting of the housing bubble; and,
(3) anticipate its implications for the U.S. economy?
The answers are (1) no, (2) no, and (3) no.
We are living in times of both rapid and slow change, and America has the mechanism—the Constitution—to make the changes needed to adjust and the strength to protect itself from enemies, domestic and foreign, in a global economy. It won’t be easy and it will not be fast enough for most, but America will remain a dominant agent for change.
With the collapse of the real estate bubble, many normally self-sufficient individuals and families found themselves not only out of work, but homeless. This caused a surge in the number of “tent cities” in the United States. To really help our fellow man, we should shift from enabling others to not work to insisting that they do.
Chicago Mayor Rahm Emanuel is proposing to increase the city’s cigarette tax by $.75 a pack, which would raise the combined local and state tax rate to $7.42 a pack- the highest in the nation. The video above, by Fox 32, features the Heartland Institute’s John Nothdurft and his brief, yet powerful, opinion on the proposed tax increase.
By the middle of October, if everything stays on schedule, Mexico’s legislators may well prove that they haven’t learned a thing from policies that have been tried and failed, from Denmark to New York City.