Source: In These Times
by Micah Herskind, Priscilla Grim & October Krausch

“New jail construction is quietly booming across the United States. Some may be surprised to learn that during the most intense jail-building years, from 1990 to 2005, a new facility opened every 10 days. There are nearly 2 million people presently caged in more than 6,000 correctional facilities across the country, including 1,566 state prisons and 3,116 local jails. Recent data shows that number has only grown, and the push to build new jails and prisons continues. Currently, a new $3 billion jail in Brooklyn is moving ahead, a $1.25 billion prison in Alabama is nearly complete and, among many others, lawmakers in Hawai’i are considering a new $1 billion mega-jail, a facility with more than 1,000 beds.” (06/02/26)

https://inthesetimes.com/article/no-new-beds-organizers-resist-another-fulton-county-jail

Source: Reason
by Eric Boehm

“President Donald Trump and some of his top advisers have routinely insisted that the administration’s new, higher tariffs would not burden American consumers because foreign governments or corporations would pay for those tax increases. But with inflation rising and consumers (and voters) increasingly grumpy about the cost of living, the White House has turned to a telling strategy: cutting tariffs to make some products less expensive.” (06/02/26)

https://reason.com/2026/06/02/cutting-tariffs-on-farm-equipment-is-another-admission-that-trumps-trade-policies-are-increasing-prices/

Source: Adam Smith Institute
by Tim Worstall

“Some say that economics is not a predictive science. We say ‘Pish’ to that idea, even ‘Pfft,’ and here is a prediction from economics: ‘The Conservatives are planning to introduce ‘ration cards’ to prevent thousands of criminals from spending their benefits on alcohol and gambling. The party wants to reduce Britain’s ballooning welfare bill by issuing criminal claimants with cards that severely limit what their money can be spent on.’ It will take some sub-triple digit number of hours for a black market to appear and given modern social media some sub-double digit number of weeks for it to be a commonplace across the country. There will be a trade of this restricted money for the unlimited ration coupons known as cash money. Further, we’d predict that the unlimited form will be worth more than the limited.” (06/02/26)

https://www.adamsmith.org/blog/we-predict-a-black-market-arriving-in-321

Source: Garrison Center
by Thomas L Knapp

“Florida home values have increased by about 150% since 2008, and that there now about 2 million more homes in Florida than there were in 2008. In other words, a lot more homeowners are paying a lot more in property taxes than used to be the case. In the meantime, average wages have only increased by about 35%, while inflation has driven up the prices of things Floridians buy by 75%. Which means those increased tax bills have become less affordable, even as county government budgets have continued to grow at or faster than the inflation rate. The state government has run budget surpluses since 2010. It seems to me that SOME kind of correction is in order. Government keeps taking, and spending, more of our money, but our earnings aren’t keeping up with either that government growth or the cost of living.” (06/02/26)

https://thegarrisoncenter.org/archives/20639