“The primary obligation of any government, the Declaration of Independence tells us in its famous second paragraph, is the ‘safety and happiness’ of its citizens. The necessity of securing safety is obvious (except to progressive politicians in big blue cities, who are often diffident about crime and disorder), but it is thought something of a novelty of the Declaration to set out ‘the pursuit of happiness’ as one of the central ‘inalienable rights’, along with life and liberty. It is well established that Thomas Jefferson and his collaborators in writing the Declaration (John Adams, Benjamin Franklin, Roger Sherman and Robert Livingston) followed the language and logic of John Locke’s ‘Second Treatise of Government’. But Locke and other social-contract theorists of the era typically spoke of the inalienable natural rights to ‘life, liberty and property’, or ‘life, liberty and estate.’?” (03/08/26)
“First Trump claimed an attack by Iran was ‘imminent’ — which has been proved false even by his own intelligence agencies. Then it was necessary to ‘take out’ Iran’s nuclear capability, which even those with short memories will recall he claimed to have ‘obliterated’ in last year’s Israel-U.S. attack on Iran. Then it was for regime change to get rid of what he dubbed “the lunatic” 87-year old ruler. But then it was we had to attack because Israel was going to attack first — and being the stalwart ally in Israel’s Gaza genocide, our Middle East assets would also be attacked. MAGA politicians can’t even agree if it’s a war.” (03/09/26)
“‘Everyone saw this coming except the President.’ An ‘unmitigated disaster of epic proportions.’ Were these the words from Democrats decrying Donald Trump for failing to plan to evacuate hundreds of thousands of civilians under a blizzard of retaliatory fire raining down on the Gulf States? No, those were Republicans excoriating former President Joe Biden for the botched 2021 exit from Afghanistan. Back then, Rep. Steve Scalise (R-LA) thundered, ‘It’s a very dire situation when you see the United States Embassy being evacuated.’ Fast forward to last week. The Trump regime closed down three of our embassies (Saudi Arabia, Lebanon, and Kuwait), abandoning U.S. citizens in those countries. Trump’s minions failed to consider advanced planning to evacuate Americans from the region, leaving them to fend for themselves in places where missiles are flying and buildings are ablaze.” (03/09/26)
“When the Middle East journalist Omid Memariam was arrested by the Iranian government, his interrogators intentionally chose not to wear masks in order to convey both the legitimacy of the government and the propriety of the interrogation. ‘Once a mask is involved,’ Memariam explains, ‘people understand it as a sign of weakness, that the government has something to hide.’ With the deaths of Renee Good and Alex Pretti, it is hard to see how the government can convince large portions of the American public that they do not have something to hide. This raises a core issue at the heart of the mask discussion: the erosion of certain basic and long-standing moral and legal norms in America.” (03/09/26)
“A week into Trump’s illegal war against Iran, the White House released a 42-second video on X, featuring movie scenes spliced with real military footage of strikes in Iran, promising ‘justice, the American way’. Rather than sober statements about national security or the grim human realities of war, the March 5 video resembled a movie trailer. The clips stitched together real footage of missile strikes with pop-culture heroes: Russell Crowe in Gladiator, Tom Cruise in Top Gun: Maverick, Robert Downey Jr.’s Iron Man, Keanu Reeves’ relentless assassin in the John Wick films. Even SpongeBob SquarePants made an appearance. The video was immediately mocked for reflecting the militaristic fantasies of teenage boys (see Hegseth, Pete), more than that of the US starting a war. The editing followed a familiar formula: a heroic movie quote, a dramatic cut to real explosions, then a video-game style victory sound. War, apparently, has become content.” (03/09/26)
“Any time a U.S. president deploys U.S. forces overseas, it is worth revisiting one of the most influential books about the U.S. war in Vietnam: The Best and the Brightest by David Halberstam. The book serves as an enduring reminder of the mistakes presidents and their advisors have made when sending the U.S. military into harm’s way, always with the promise of acting in the nation’s best interests.”
“My ECON 101 course is taught as if it’s the only economic course my students will ever take. Unlike many professors, I do not teach Principles of Microeconomics to prepare my students for Intermediate Microeconomics, which is the next course up in the curriculum. Some such preparation occurs, I’m pleased to report, but that’s all incidental. My chief goal is to inject my students with the rudiments of the economic way of thinking in order to inoculate them against the most virulent fallacies that are likely to try to infect their minds as they go through life.” (03/09/26)
Source: Bluegrass Institute
by Sai C Martha & Rea S Hederman Jr.
“Kentucky has established itself as a national leader in pro-growth tax reform after landmark legislation in 2018 replaced a complex graduated income tax with a flat rate and broadened the sales tax base. These structural improvements have propelled the Commonwealth’s business tax climate ranking from 37th to 18th and built a historic Budget Reserve Trust Fund. To sustain this competitive momentum and address unprecedented workforce mobility, The Buckeye Institute used its dynamic scoring model—STELA—to model the economic effects of the next two phases of tax reform: a scheduled reduction to a 3.5 percent individual income tax rate in 2026, and a hypothetical reduction to three percent in 2027.” (03/09/26)
“The costs of this war will put added pressure on the Federal Reserve to keep interest rates low and increase its purchase of Treasury bonds in order to monetize the federal debt. The pressure on the Fed will also increase as other countries reduce their purchase of US debt. These reductions will be motivated by concerns over the economic instability caused by the US government’s out of control spending and by resentment over the US government’s hyper-interventionist foreign policy. These factors could also accelerate the increasing rejection of the dollar’s world reserve currency status. A loss of the reserve currency status will cause a dollar crisis, leading to an economic crash worse than the Great Depression.” (03/09/26)
