Reily Connaughton

“Those who prosper by government protection can quickly end up suffering from it. President Trump’s trade deal with Japan has U.S. auto makers and UAW President Shawn Fain up in arms.” wsj.com/opinion/uaw-u-…

“By the time this trade war ends, if it ever does, the average U.S. tariff rate may settle close to 15% from 2.4% in January. That’s an anti-growth tax increase.” wsj.com/opinion/japan-…

“President Trump could dismantle U.S. sugar protectionism that gives corn syrup a cost advantage. In 2022, U.S. wholesale refined sugar prices were more than double the world price…U.S. sugar producers get a protectionist windfall of $1.4B to $2.7B…” wsj.com/opinion/donald…

26 July 1948: U.S. #President Harry S. #Truman signs Executive Order 9981, banning segregation in the Armed Forces. #history #CivilRights #OTD #HistoryMatters #ad amzn.to/3uxXs19

Folks, we're celebrating the 2024/2025 fiscal year ending in Kentucky with a surplus of $312.5 million. We brought in more revenue while spending less, showing we're responsible with taxpayer dollars. I'm proud to say we've secured a surplus every year I've been Governor.

New WSJ poll: The Democratic Party is 30 points under water with registered voters, considerably worse than the GOP (-11). wsj.com/politics/elect…

How much would Zohran Mamdani’s ‘free bus’ proposal cost?

Now we get onto the big stuff, starting with Scope of Review This reads like a codification of the recent SCOTUS NEPA ruling: agencies may only consider effects proximately caused by the agency action. They may not consider speculative, cumulative, etc effects. Good!

hypertext.niskanencenter.org/p/its-time-for…

Thatcherism stands for sound finance; it stands for honest money, not inflation; it stands for living within your means; it stands for incentives, because we know full well that the economic strength of a nation comes from the efforts of its people, and its people need incentives…

Want more affordable housing? 🏠   Cities like Sarasota, FL (rents down 43%) and Providence, RI (rents down 19%) prove that pro-housing policies work. Streamlining permits, easing restrictions, and allowing multifamily developments = lower rents.   Here’s the secret 👉 Build…

Bill Clinton and Al Gore during their first "working lunch" in the Oval Office, January 26th 1993

"Policymakers pledging not to touch Social Security are implicitly endorsing these deep benefit cuts for 62 million retirees in 2032 and beyond." crfb.org/blogs/retirees…

"Housing restrictions are a major impediment to economic mobility, which is declining and dragging down productivity with it. Cutting land-use and zoning red tape would improve the efficiency of labor markets and the productivity of individuals." jakeauch.substack.com/p/simple-but-n…

Chair Powell has been one of the unsung heroes of the U.S. economy these past few years. He deserves better than this. So does our economy, which Trump is trying to turn into a Venezuela or a Turkey with his efforts to politicize the central bank.

"Lowering energy costs is a shot-in-the-arm to all sectors. Cheap, clean energy is a costless subsidy to industry that compounds across the economy. Nuclear is particularly promising: safe, reliable, and bipartisan." jakeauch.substack.com/p/simple-but-n…

In a pivotal moment, the Fed Chair publicly refutes the President’s false claims about cost overruns, providing a concise explanation. Matter-of-factly and succinctly refusing the lies.

One of the last public officials willing to stand up to Trump Meanwhile, Banking Chair Tim Scott piling on the Fed chair

"Update it for longer lifespans: gradually increase the full retirement age. Establish exceptions for physically taxing jobs and waivers for hardship cases." jakeauch.substack.com/p/simple-but-n…

Social Security recipients are set to face an $18,000 benefit cut in just seven years. trib.al/LCW0T21