Blogging with RFC
Please enjoy and comment on our blogs.
In the first three installments of this series we looked at the aggregate-demand side of the U.S. economy. The overall message is that the economy is in pretty good shape, given the circumstances: the private-sector share of the economy has grown over the past 15 years, consumers buy more durables (such as cars) while maintaing a steady overall level of indebtedness; business investments are increasingly stable at a high rate - and government consumption and investment spending has been declining for a couple of years.
No King Of Old Had It Better Featured
By Bradley Harrington
Published in the Wyoming Tribune Eagle on February 26, 2015.
“The urge to save humanity is almost always only a false-face for the urge to rule it.” - H.L. Mencken, “H.L. Mencken’s Notebooks,” 1956 -
In accordance with Theodore Sturgeon’s Law that “nine tenths of anything is crud,” most of what has come out of Wyoming’s 2015 Legislative Session so far has certainly qualified.
But a refreshing departure from that trend took place on Feb. 9 when both the House and Senate overwhelmingly passed Senate File 14, the “asset forfeiture” bill, which would overturn the legal system’s “right” to seize property from citizens without convicting said citizens of a crime first.
Yesterday I reported some data showing that the U.S. economy is in good shape from a structural viewpoint. Household spending and business investments - domestic private-sector activity - today absorb a larger share of output than they did under the Bush Jr. administration. Government consumption and investment spending has taken a step back, and the foreign trade balance is in better shape today than at the height of the Bush business cycle.
Over the last few months I have been researching juvenile justice issues with a particular focus on how to keep kids out of jail. While writing about my findings I have explored the disturbing national phenomenon of extremely young kids being arrested. This research has also uncovered the troubling connection between police officers (SROs) stationed in schools and elevated arrests and incarcerations of juveniles from these schools. Perhaps most horrifying has been the discovery that the fastest growing segment of police brutality and abuse is among School Resource Officers.