The history of the Interstate Commerce Commission, first established in 1887, has been one of increasing extension of its powers, and increasing futility in their exercise. The end result has been that the country has an uneconomic transportation system–uneconomic in the sense that more manpower and capital are devoted to that purpose than need be and they are used less efficiently than they might be.
– George Hagedorn |
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March 5, 2024
Self-Deception on Social Security
The leftist website Counterpunch has published an article today entitled “Millionaires Stopped Contributing to Social Security on March 2, 2024.” The thrust of the article is that once someone reaches an income of $168,600, “they stop paying in.” The operative terms are “contributing” and “paying in.” They reflect a misguided mindset with respect to Social Security, which is the crown jewel … |
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