All of a sudden, everyone on the left wants "free markets in energy policy." As someone who's advocated for that for, oh, about three decades, this riff should be music to my ears. But is laissez faire energy policy really what liberals are seeking?
The left is quickly running out of excuses for why Donald Trump's economic policies have caused a boom rather than the bust that they predicted with such great certainty.
Last year, when the U.S. economy began to percolate with faster growth, the media and other Trump haters argued that this simply reflected a pickup in worldwide growth: Trump was riding the wave of what economists were calling "synchronized growth."
Remember Obamacare? The fight is far from over on the future of the Obama-era health insurance overhaul. Republicans are making a last-ditch effort this year to turn the program and the money over to the state. This isn't full Obamacare repeal, but it would make a world of sense. States would be free to experiment and find ways to reduce costs and provide better services.
T.S. Eliot famously wrote that April is the cruelest month, but when it comes to America's fiscal picture, nothing could be further from the truth about this April. The latest government numbers confirm that last month was a blockbuster for growth, federal revenues and deficit reduction.
Donald Trump is now deep into trade negotiations with China and NAFTA 2.0 negotiations with Canada and Mexico. We are strong free traders, but we believe that Trump's plans to negotiate better trade agreements that reduce trade barriers abroad are right on the mark. He also has to make sure those deals fully protect U.S. intellectual property, or what is commonly called know-how.
Is anyone paying attention to the crisis that is going on in our electric power markets?
What is it about the internet that makes it so the government just can't seem to keep its greedy paws off of it?
I have argued many times on these pages and elsewhere that the shale oil and gas revolution is the story of the decade. Since 2007 U.S. oil and gas output has risen by about 75 percent, and the renaissance is still in its infancy stages.
Finally, some good news for the future of the North American Free Trade Agreement. CNBC is reporting that a framework for a renewed and improved NAFTA may be coming in the weeks ahead.
There is an old saying that you can't teach an old dog new tricks, and we've learned that again with the Congressional Budget Office and its latest highly misleading fiscal forecast.