Daily Policy Digest

Obama Seeks to Nationalize Each State's Electric Power Sector

The EPA's rule fundamentally re-orders the longstanding relation between the feds and states to create a "mother-may-I" relationship that has never before existed...

As Foreign-Born U.S. Population Increases, Incomes Decrease

Between 1970 and 2013, the estimated foreign-born population in the United States increased from 9,740,000 to 41,348,066, respectively, an increase of 31,608,066 persons, representing a percentage increase of 324.5 percent...

Occupational Training Programs: A Viable Alternative to a College Degree?

Policymakers are hesitant to endorse tracking students into occupational training programs, and parents tend to have higher aspirations for their children than technical training...

America to Pay Its Tax Bill on April 24

Americans will pay some $3.3 trillion in federal taxes and $1.5 trillion in state and local taxes, for a total bill of more than $4.8 trillion, or 31 percent of the nation's income...

Monetary Stimulus Does Not Compensate for Real Wealth Creation

We live in a world of pure discretionary government fiat monies, and a political environment in which the focus is short-term palliatives rather than long-run solutions...

Heavy and Light Rail Wasting Taxpayer Dollars

In Seattle, a 3.3-mile route is expected to cost $628 million...

Online Activity Vulnerable Due To Outdated Laws

Because the Electronic Communications Privacy Act of 1986 (ECPA) is so outdated, right now virtually all of your electronic life is subject to warrantless search and seizure...

Inventing New Drugs Is Costly, but Not Inventing Them is Costlier

The total cost to develop and gain marketing approval for a new drug is an estimated $2.6 billion...

Welfare and Social Insurance Lead to Declining Desire to Work

Changes in the provision of welfare and social insurance explain about 60 percent of the decline in desire to work among prime-age females, and attribute between 50 and 70 percent of the decline in mothers' desire to work...

The Shale Revolution Brought Natural Gas Production to Historic Heights

Natural gas production on federal lands has declined by 31 percent over the past five years, while production on private and state lands has increased by 37 percent...


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