Two Birds of a Fiscal Feather
“Both property tax increases and rent control continue to be controversial, after decades, in that they both represent forms of grand theft against housing owners and rental housing providers.” ~Gary M. Galles
“Both property tax increases and rent control continue to be controversial, after decades, in that they both represent forms of grand theft against housing owners and rental housing providers.” ~Gary M. Galles
” Fed watchers expect the Federal Open Market Committee will keep rates steady when they meet on March 19-20. In light of the CPI data, that’s a defensible move.” ~Alexander W. Salter
“If the United States has been harmed by NAFTA, it is perhaps found in the misplaced attention it receives. Energy devoted to the trade deal’s alleged harm is attention deflected from actual policy missteps.” ~Colin Grabow
“Just about the worst way to ‘help’ renters is by punishing property owners for providing rental housing, which is just what rent caps do.” ~Jason Sorens
“What does it say of such highly respected places that some of their carefully selected students are bigots who want to replicate the ‘final solution’ of Nazi Germany? This is total, complete, moral bankruptcy.” ~Walter Block and Alan Futerman
“While tailwinds from normalizing supply chains are cooling goods prices, concerns linger about the sustainability of this trend. In particular, the February CPI readings strongly suggest that the January updraft was not anomalous.” ~Peter C. Earle
“That China’s downfall stems from its own collectivist policies is no small irony, but it should come as no surprise. It stems from the same flawed thinking that led to the fall of the last communist empire.” ~Jon Miltimore
“A record $1.3 trillion in credit card debt may be masking a weaker economy than the top-line spending numbers suggest, as consumers accrue debt to maintain a standard of living being crushed by rising prices in housing, groceries, and energy.” ~Spence Purnell
“It’s not that Argentina lacks dollars. Rather, it is that the Argentine government lacks the will to commit to its dollarization plan.” ~Nicolás Cachanosky
“From inflation to a Fed tightening cycle, to banking losses and now real estate tremors, we again find ourselves climbing tenuously out of one hole only to collapse limply into another.” ~Peter C. Earle
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