China is an “alleged” IP thief – the way Don Juan was an “alleged” fan of women.
How Much Has the US Lost from China’s IP Theft?: “The United States Trade Representative, which led the seven-month investigation into China’s intellectual property theft and made recommendations to the Trump administration, found that ‘Chinese theft of American IP currently costs between $225 billion and $600 billion annually.’ Those numbers are in line with a 2017 report from the Commission on the Theft of American Intellectual Property.”
That’s a lot. Thankfully – after decades of our pretending Communist China isn’t…Communist China – we have elected a president who is in touch with Reality. (more…)
The Supreme Court is currently consideringSouth Dakota v Wayfair. A case debating whether or not state and municipal governments can collect their respective sales taxes – on non-resident business and people who have the temerity to complete a transaction in their jurisdictions.
President Donald Trump is on this absolutely correct – in one sense. Online retailers like the case-cited Wayfair – do have a tax-less advantage over brick-and-mortar stores in localities that impose sales taxes.
If you live in one or more sales tax jurisdictions and you shop brick-and-mortar – you pay the sales taxes. If you live there and shop Wayfair – you do not necessarily render unto Caesar. (Some online companies – Amazon, for instance – collect many of the sales taxes in much of the nation.) (more…)
We’ve oft noted the government’s inability to do well…just about anything.
It’s why our Founding Fathers drafted our Constitution to severely proscribe what the federal government is supposed to do. And why they highly recommended all other levels of government follow their limited prescription.
We less government types see our $4-trillion-per-year federal government – and are rendered nauseous. The Feds are doing countless things the Constitution says they shouldn’t be doing.
So we less government types look for any way of which we can think to minimize the government’s role in any of them. As we look to for any way possible to compromise with the unyielding Government-Should-Do-Everything types.
One of the “half-loaf” ways we have attempted to minimize ever-so-slightly government doing quite so much – is to have the government contract out things to the private sector.
Our thinking being: The private sector does everything better than government (and it absolutely does) – so having the private sector handle something for the government will improve the performance and price of that something. (more…)
Those of us who didn’t succumb to government schools – know of the horrendous days of Democrat President Franklin Delano Roosevelt and his hyperactive, spastic, shotgun-style approach to government.
Completely clueless on how to address the Great Depression, Roosevelt’s administration chose to spasmodically fire government money in nigh every direction. Hoping to spray enough bureaucratic coin to cover the Earth – and thereby mitigate the damage…his own overactive government was massively exacerbating.
Perhaps Oprah Winfrey came upon her idea to give everyone in her audience a car – by researching the Roosevelt administration.
“You get a program! And you get a program!! And YOU a program!!!”
The Great Depression would have been but a mild recession – were it not for Roosevelt’s huge government incursions into the private sector. (more…)
Still at top of mind for many is last week’s Facebook Edition of Congressional Oversight Theatre.
Where our elected officials pretend to do something about something – by holding hearings.
During which they look and sound very outraged at the latest outrage. They create soundbites and press releases they can send back home – to prove to their districts that they are doing something about something.
South Carolina Republican Congressman Trey Gowdy is someone who has built quite the reputation with his DC theatrical performances. The former prosecutor asks at hearing he sometimes chairs pointed, insightful questions – and often gets Leftist Swamp Creatures to hang themselves with their answers. (more…)
We less government types want the government doing as little as conceivably possible.
Fortunately for us – so did the Founding Fathers. And they drafted and ratified the Constitution to do exactly that – limit the federal government’s activities to a few, specifically proscribed things.
And the Founders strenuously recommended that state and local governments not do very much either. Because they knew a fundamental truth of life:
Government stinks at doing everything. Because…human nature.
Behold again my Wallet Rule:
If you go out on a Friday night with your wallet – and you go out the following Friday night with my wallet – on which Friday night are you going to have more fun?
Obviously, you’re going to have a whole lot more fun with my wallet – because you don’t care what my wallet looks like at the end of the evening. (more…)
I am a virulent free trader. I love commerce between nigh any peoples and nations with whom the exchanges are on equal footing – and as unfettered as possible by government intervention and imposition.
The problems arise – when we venture out into a world full of countries in love with government intervention and imposition.
Every nation on the planet has the inherent desire to tilt the commercial scales in their favor. I fully understand the aspiration – but we should demand it never become commercial policy.
Unfortunately, we have spent the last half century or so – allowing the world’s nations to do exactly that. Very much to our national detriment.
In no small part because – from all appearances – the United States’ Establishment does not share the rest of the world’s inherent desire to make our nation better. (more…)
There are very many stupid aspects of the stupid government power grab that is Network Neutrality. A brief reintroduction….
Net Neutrality is the Trojan Horse that gets the government very thoroughly into the business of regulating the Internet. The Internet being the place for nigh all things free speech and free market going forward.
Net Neutrality – is your one-stop-shop for all things government censorship and control of the Web.