Government intervention into a nation’s economy is both foolish and destructive. But that doesn’t mean governments don’t meddle each and every day with the best – and worst – of intentions.
Taxes. Transfer payments. Subsidies. Tariffs. Deficit spending. Defense. Social programs. Vax mandates. Emission targets. You name it. The opportunities to intervene are vaster than the Pacific Ocean.
The United States government, like most governments in the 21st century, pursues them with relentless enthusiasm. But that’s not all. Many state and local governments also have a highly visible hand in the mix.
Over the years, layers and layers of interference by various federal, state, and local agencies have built up like grime on a kitchen window. The grease shines and smells of corruption and waste. The layers of government grime also ooze into every crack and crevice of the economy.
These days, for example, it’s impossible to carry out a simple private transaction with your barber or barista without some form of government interference. Continue reading
