Category: Government (Page 31 of 35)

WSJ: Oregon Realizes that Decriminalizing Hard Drugs was a Mistake

 

 

WSJ: Oregon Decriminalized Hard Drugs

WSJ: Oregon Decriminalized Hard Drugs

EUGENE, Ore.—Soon after Oregon became the first state to decriminalize all drugs in 2020, Officer Jose Alvarez stopped arresting people for possession and began giving out tickets with the number for a rehab helpline. 

People sprawled on sidewalks and using fentanyl with no fear of consequence have become a common sight in cities such as Eugene and Portland. Business owners and local leaders are upset, but so are liberal voters who hoped decriminalization would lead to more people getting help. In reality, few drug users are taking advantage of new state-funded rehabilitation programs.

Anybody could have seen this coming, but somehow, they still think they are smarter than the rest of us.  In Econ 100, you learn that people respond to incentives.  Remove disincentives to take hard drugs, and more people take hard drugs.

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The Times: The UK government is not as corrupt as the US government.

Suella Braverman Commentary

Suella Braverman Commentary

The Home Secretary of the UK wrote an interesting commentary for The Times.  It’s interesting because the Home Secretary is the senior minister in charge of law enforcement, national security and immigration.  The security service, MI5, reports to Suella Braverman.

Her commentary addresses how law enforcement handles protests in the UK, but the essential problem occurs in the US as well. 

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WSJ: Old Coal Mine could hold Billions in Rare Earths

WSJ: Old Coal Mine has Billions in Rare Earths

WSJ: Old Coal Mine has Billions in Rare Earths

Twelve years ago, former Wall Street banker Randall Atkins bought an old coal mine outside Sheridan, Wyo., sight unseen, for about $2 million.

Several years after Atkins bought the Brook Mine, government researchers came around asking if they could run some tests to see if the ground contained something called “rare-earth elements.”

That government researchers are looking out for America is good news.  Yeah, that’s pretty cynical, but recall President Reagan’s joke.

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WSJ: Americans in a Rotten Mood.

WSJ: The Economy is Great

WSJ: The Economy is Great

So if the economy is so good, why are Americans so gloomy? Confidence readings are depressed. Some 69% of respondents to a Wall Street Journal survey in August said the country is headed in the wrong direction. President Biden’s approval ratings are mired around or below 40%, and approval for his handling of the economy is even lower.

When the government and media have been lying to us about everything else, why should we believe them about the economy?

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