Focus Point – Smashmouth Politics

There's a very clever book out now about the 2000 Presidential Campaign by Washington Post reporter Dana Millbank, who covered the campaign for two years for the new republic. It's called Smashmouth: Notes From the 2000 Campaign Trail, and as you might guess from the title, Millbank doesn't always go for the serious stuff.

'Citizens, Not Spectators'

Last week marked the 20th anniversary of Ronald Reagan's address to Congress setting forth the tax-reduction program that changed the course of contemporary American economic history. Just last evening President Bush presented his economic agenda. If his tax cuts and reduction in spending growth come to pass, the Bush program will continue the Reagan legacy of economic growth and individual opportunity.

Focus Point – XFL

the XFL the end of civilization? No, but you can see it from there. The fact that a bunch of has beens, wanna bes and never weres could pull respectable ratings is bad enough, simply considered as a demonstration of football.

Focus Point – Fixing California

Now that California has hit the wall with rolling blackouts, demonized out-of-state power companies and the state has decided to do what it should have done a decade ago: Build some power plants, my reaction is, we'll see.

Teaching Capitalism

Exchange City is an economics education program run by Junior Achievement, a fourteen-business city that on this day was populated by seventy-five students from the Norwood Elementary School in the Interboro School District in Delaware County, Pa.

California's Electrical Mess: The Deregulation That Wasn't

In 1994 California enacted legislation intended to deregulate the electric power business in the state and establish a competitive market. By January 2001, flaws in the California approach had become evident with the state's utilities driven to the brink of bankruptcy and Californians suffering electricity shortages and blackouts.

Repeal the Grave-Robbing Tax

A key component of President Bush's tax plan is eliminating the gift and estate tax, also known as the "death tax." This tax hits estates of more than $1 million in net assets with rates as high as 55 percent. The death tax raises very little revenue, yet it does significant harm to the economy, imposes very high compliance costs and fails to curtail the transmission of wealth from one generation to the next. It is arguably the most counterproductive tax in the entire Internal Revenue Code.

Euro-Trashing

Europeans cling to their belief that government must be the central organizing principle of their society. One would think the fall of the Berlin Wall would have taught them otherwise. But no, Europeans insist on centralized organization of everything–for as any Frenchman will tell you, anything not controlled by governing elites is suspect and dangerous.

National School Choice Summit

As a positive consensus is beginning to form between Republicans and Democrats over most of President Bush's education reform plan, there appears to be only one main area of contention: school choice.

Canada: A Health Care System on the Edge

Patients are lined up in the hallway, stretcher after stretcher. There are so few chairs that anxious relatives stand by the gurneys for hours. A woman with a migraine sits with her hands pressed to her ears. She waits like this for a couple of hours, perhaps longer.

What it is, is Not Deregulation

Electric power deregulation legislation enacted in 1994 has at this date finally driven the state's utilities to the brink of bankruptcy and caused California's citizens to suffer electricity shortages and blackouts.