Rocky Mountain Voice

Tag: Federal Debt

Sloan: Mamdani’s socialism leaves private property “perpetually insecure”
Washington Examiner, Approved, Commentary, National

Sloan: Mamdani’s socialism leaves private property “perpetually insecure”

By Kelly Sloan | Commentary, Washington Examiner Watching Mayor Zohran Mamdani carry on in New York, I am reminded of Lord Percy of Newcastle’s ominous definition 75 years ago of “social democracy”: “The phrase,” he wrote, “does not imply that economic activity should not continue to be based on private property; it implies only that, as a matter of legal rights, such property should be perpetually insecure.” One would be hard-pressed to find a more apt descriptor of the current situation in New York, three-quarters of a century after Lord Percy wrote those words intended as a warning to anyone who found themselves tempted by the intoxicating effects of socialism. Indeed, the rhetoric of Mamdani and his acolytes, who are now in the process of gobbling up Democratic...
Immigration Reform And Ending War Could Ease Inflation
The Daily Signal, Approved, Commentary, National

Immigration Reform And Ending War Could Ease Inflation

By Steve Cortes | Commentary, The Daily Signal Housing affordability is awful, and it looks set to get worse. Unless, of course, we take corrective action, especially on immigration and war. Here’s the harsh current reality: Inflation continues to bedevil far too many Americans. Other than owners of substantial assets, wage earners have struggled in this economy for five years, ever since the profligacy of the COVID-19 panic sent prices surging. Consider the kitchen-table fallout from this inflation. Right now, mortgage rates are rising as U.S. Treasury yields climb. Bond investors worldwide demand higher yields to lend money to America, a country grappling with nearly a staggering $40 trillion in federal debt. Consequently, here is the math with ...