In today’s edition of The Heartland Daily Podcast, Dr. Barry Poulson, Professor of Economics at the University of Colorado and advisor to the Task Force on Tax and Fiscal Policy at the American Legislative Exchange Council, joins the show to talk about America’s debt crisis.
The Founding Fathers who wrote the Constitution – were by 1800 thoroughly implementing it. If they didn’t yet have the federal government doing something – the federal government wasn’t to be doing it. So unless a subsequent amendment added an authority to the federal panoply – it’s been an unConstitutional addition.
The national Republican Party is currently in the midst of a slow-motion train wreck. Their presidential primary has amply demonstrated their Base’s profound disaffection. You can call it anger, you can call it delusion – you can call it a tuna fish sandwich. But when 70+% of your voters don’t like anyone having anything to do with anything you’ve been doing – you absolutely call it a problem.
In late October I wrote a commentary “Is America in Decline?” based on a book by James MacDonald, “When Globalism Fails: The Rise and Fall of Pax Americana”, due for sale in January from Farrar, Straus and Giroux. Within days I received “The Accidental Super Power: The Next Generation of American Preeminence and The Coming Global Disorder” by Peter Zeihan.