Friday, 7 October 2022

Reason Alert: Inflation, Russia, Marijuana Pardons, and More Pension Debt

 
 
Reason Foundation
 
Reason Alert
Friday, October 7, 2022
 
 
Friday Funnies
Fumbling family values. 
By John Darkow

The Political Class Has Consistently Ignored Warnings of Fiscal Doom. Now Americans Are Paying the Price. 
Warnings of inflation and rising interest rates have long been tied to high and rising debt levels. 
By Peter Suderman

Rockets, Feathers, and Rising Gasoline Prices 
Saudi Arabia snubs President Biden by advocating OPEC cut oil production by 2 million barrels per day. 
By Ronald Bailey

Americans Are Losing Their Work Ethic 
Even reduced immigration and job openings for miles aren't luring America's ever-growing workforce dropouts back in.  
By Matt Welch

Here's Why Biden Is Wrong About the Deficit 
His administration has expanded deficits by $400 billion more than expected, even before we count recent spending.
By Veronique de Rugy

The 2022 Fiscal Year Investment Results For State Pension Plans  
The median investment return for state pension systems is -5.4%, which means many plans will be adding debt.  
By Anil Niraula, Jordan Campbell, and Zachary Christensen 

What Biden's Weed Plan Really Means 
All things considered, Joe Biden's announcement is still an unequivocal good and should be commended.
By Elizabeth Nolan Brown

Joe Biden's Marijuana Reforms Are Long Overdue but Will Have Just a Modest Impact
The president's mass pardon does not extend to pot suppliers, and his rescheduling plans won't make marijuana a legal medicine.
By Jacob Sullum

Did Murders Rise in 2021? No One Knows. 
The uncertainty in the data means that politicians—who have made crime a big issue in the upcoming election—can basically use the new statistics to support their position—whatever their position is.
By Elizabeth Nolan Brown

Mocking the Police Is Not a Crime 
A First Amendment case prompts The Onion to explain how parody works.  
By Jacob Sullum

Abolishing Oklahoma’s Death Penalty Would Be Good For Justice and For Taxpayers 
Since 1981,10 people in Oklahoma have been exonerated while on death row awaiting execution.   
By Vittorio Nastasi

Finding Consensus on Environmental and Permitting Reforms to Build Needed Infrastructure 
Needless delays, bureaucracy, and litigation are increasing costs and preventing the U.S. from building 21st-century energy projects, highways, transit, and more housing.   
By Robert Poole 

Russia and the Global Green Energy Crisis: Live With Michael Shellenberger 
A conversation with the author of Apocalypse Never: Why Environmental Alarmism Hurts Us All about what the war in Ukraine means for the push for renewables.  
By Nick Gillespie and Zach Weissmueller

Herschel Walker's Campaign Shows Why Third-Party Candidates Are Important 
Republicans turned off by Walker at least have a third option, but for House races in Georgia, state law makes it extremely difficult for third-party candidates to get on the ballot. 
By Joe Lancaster 

What the FBI's Mar-a-Lago Warrant Does—and Doesn't—Mean 
Even if a warrant wasn’t the DOJ’s only option, its choice to go this route doesn’t signal—let alone prove—anything about the future of the probe. 
By Bonnie Kristian
 
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