Tag: Cato Institute

Commentary: The Corrupt Economics of Immigration

American Greatness

The common refrain among supporters of the Democratic Party’s open borders policy is that immigration helps the economy. A very recent example of this was published in MSNBC Daily last month, where the author, David Bier of the Cato Institute, claims that “The Congressional Budget Office finds that the surge will boost the economy by $7 trillion and reduce the federal debt by nearly $1 trillion by 2034.” That’s actually an unimpressive statistic since the cumulative GDP of the United States over the next decade will easily exceed $300 trillion, but Bier is probably not wrong in his assertion that immigration increases GDP.

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California Considers Rules That Could Push Gas Prices up an Additional $1.11/Gallon by 2026

The Center Square
Gas Station

California gas prices could rise by at least $1.11 per gallon by 2026 if the California Air Resources Board adopts amendments to its low carbon fuel standard program, CARB says. The LCFS amendments proposed at the end of 2023 would phase-out credits for turning manure into renewable natural gas, ending that business, and add jet fuel to LCFS purview, increasing flying costs for every flight that starts or ends in California even if the fuel was purchased elsewhere. Because so much of America’s imports come in through California, the LCFS amendments would raise the costs of goods for every American. 

LCFS uses a system of credits and deficits to reward or punish producers that make fuel better or worse than the rising “clean” standard.” Current LCFS guidelines call for a 20% reduction in carbon intensity by 2030 compared to 2010, while the proposed amendments call for a 90% reduction by 2045, including significant step-downs starting in 2025 that would result in major fuel cost increases starting that year. 

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Mounting Evidence Is Pointing to a Nightmare Scenario for the U.S. Economy

Minnesota Sun Staff
Evicted

U.S. annual economic growth measured just 1.6 percent in the first quarter of 2024, following a report of persistently high inflation in March of 3.5 percent year-over-year. The combination of both low growth and high inflation, in conjunction with continuously high amounts of government spending and debt, has led to signs of stagflation in the U.S. economy, which wreaked havoc on U.S. consumers throughout the 1970’s, according to experts who spoke to the DCNF.

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Biden Border Policy Critics Lament ‘Migrant Crime Wave’

The Center Square

House Homeland Security Committee Chairman Mark E. Green blasted President Joe Biden for the wave of illegal immigrants entering the U.S., saying a “migrant crime wave” is sweeping the country.

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Runaway Inflation ‘Unlikely’ to be Reeled in Under Biden Administration, Experts Say

Minnesota Sun Staff

by Will Kessler   As long as President Joe Biden continues his high government spending policies, inflation is not likely to return to previously normal levels without seeing economic repercussions, according to experts who spoke to the Daily Caller News Foundation. The last time the Consumer Price Index (CPI), a…

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Rural Oregon Counties Want to Secede From State to Join ‘Greater Idaho’

Minnesota Sun Staff

Conservative Oregonians are trying to leave the increasingly left-leaning state all together to preserve their values – but not by moving elsewhere. A group called Move Oregon’s Border is leading an initiative to have Oregon’s rural counties secede from the rest of the state and join Idaho, Fox News reports.

Mike McCarter, 72,  a lifelong Oregonian, retired plant nursery worker and firearms instructor, has been leading the separatist movement for almost two years. He said he and many others are eager to “get out from underneath the chokehold of Northwestern Oregon.”

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