“Congress was not designed to be a parliament where parties vote in lockstep with their party leader in the White House. But that’s how it’s worked for decades. Starting in the 1970s, Congress was quietly revolutionized from within. It was all done in the name of ‘reform,’ but the better word is ‘deform.'” (11/04/26)
“The MAGA movement is fully rooted in the promotion of ignorance and demonization of knowledge. That’s why it’s failing now. That’s why it will fail in the future.” (11/04/260
“‘Pretend I’m on the ballot’, said Trump, as he held rallies across the country. Yes, that’s what many did yesterday – they saw the midterms as a referendum on Trump, and they voted to give him a bloody nose. It was no big mystery what they didn’t like about Trump and his party. As exit polls showed, inflation, gas prices and the cost of living were top of mind. And voters blamed Trump for their unhappy circumstances, drawing a straight line between his policy choices – tariffs and the Iran war – and the tough cost-of-living situation they face. Whiffs of corruption (like the Qatari jet and Trump family deals) and bizarre preoccupations (like the ballroom and reflecting pool) just added to the sense that the president and his party are not focussed on people’s everyday concerns.” (11/04/26)
“Government lawyers told Australia’s highest court on Wednesday that a world-first ban on children younger than 16 from holding social media accounts was necessary to protect developing brains. The Australian government is fighting in the High Court two constitutional challenges to the ban that took effect last year on young children holding accounts on Reddit, Facebook, Instagram, Kick, Snapchat, Threads, TikTok, X, YouTube and Twitch. The challenges were brought by Reddit, a U.S. online forum, and Sydney-based rights group Digital Freedom Project.” (11/04/26)
Source: Foundation for Economic Education
by Jake Scott
“A flurry of recent news from the European Union has put the eurozone economy into the spotlight: amid a background of solid growth in the manufacturing Purchasing Managers’ Index (PMI), the European Central Bank (ECB) has held off another rise in interest rates as inflation sticks at 3.8%, almost double its medium-term target of 2%. On top of this, the president of the ECB, Christine Lagarde, has announced her intention to resign in February 2027, roughly nine months earlier than her tenure is expected to end. There is, evidently, a lot going on in this, but despite the significance of Lagarde’s announcement, the most important is the level of inflation.” (11/04/26)
“Texas could soon give alligator hunters significantly more time to pursue the reptiles as wildlife officials grapple with a surprising trend: more alligators, but fewer being hunted. The Texas Parks and Wildlife Department (TPWD) is proposing to more than triple the alligator hunting season in 22 Southeast Texas counties, including Galveston, Brazoria, Chambers, Jefferson and Liberty. The season would expand from 20 to 61 days, running from Sept. 1 through Oct. 31 instead of Sept. 10 through Sept. 30. The changes, which will be discussed during a Texas Parks and Wildlife Commission meeting on Wednesday, Nov. 4, would also allow nighttime alligator hunting on private property, including private waters, and expand the methods hunters can use to capture the reptiles.” (11/04/26)
“Have Americans gotten the loyalty business all wrong? Are we grasping the ‘second rate’ when we rely on politics to lift us? We are the ones, not politicians, who will build an America we are proud of.” (11/04/26)