Social Security and Medicare are so popular they are commonly known as the “third rail” of politics. Any politician who touches them gets a nasty shock. The politically smart thing for decades has been to periodically increase benefits and not worry too much about adequately funding these supposedly self-sufficient programs
Congress designates SS/Medicare as non-discretionary spending, which allows even fiscal conservatives to earnestly explain that Congress is unable to touch them, not even to reduce the benefit increases they themselves bestowed in the past. Of course, this is ridiculous since Congress could legally eliminate the programs if it chose to do so (not recommended).
As the population has aged and birth rates have fallen, SS/Medicare have descended into serious financial distress. This year, the programs will spend $69 billion more than they take in. The programs’ trustees recently moved the date for expected insolvency up to 2031 for Medicare, 2034 for Social Security.
Yet there is little acknowledgment from the political class that a problem exists. To acknowledge it creates a mandate for making highly unpopular choices. Even Donald Trump, the would be “conservative” leader, has decreed that no part of making America great again will involve touching our major entitlements. The endless quest for re-election continues to dominate decision making in Washington.
Even beyond entitlements, America has a spending problem. The federal government spends about 25% of GDP but only takes in revenues of 19%. The rest is charged off to future generations. With interest rates returning to normal levels, federal debt service will soon exceed $1 trillion a year, roughly what we spend to defend our country.
Why do we continue to spend so recklessly in times of peace and prosperity? It’s partly our perverse politics, where spenders dare opponents to suggest fiscal reforms and then rip them for bringing it up.
It’s also a mindset. Not long ago, families were considered the primary caregivers for each other. It was contemptible to neglect your own.
Americans today believe they are entitled to have government assume what were formerly family duties. Politicians gain millions of grateful dependents and family structure suffers, but there’s no going back.
Federal decision-makers have adopted an all-purpose solution to the problems that plague us: throw dollars at it. Schools failing? Send money. Semiconductor industry struggling? More money. People still living in poverty? Appropriate even more money. Money papers over our problems but affords no actual solutions.
Nobody even talks about the monetary implications of our ongoing border crisis. Over seven million mostly unskilled illegal immigrants breached our borders. Immediately upon successfully registering their fraudulent asylum claims, they expect food, shelter, medical care, transportation, eventually education, and social services all without a thought of paying for them.
The direct and indirect costs are incalculable, but California already reports annual direct expenses of $21.76 billion while Texas pays $8.8 billion and Arizona $3.2 billion.
Yet Democrats contend only more money can solve the problem. Biden and border czar Kamala Harris claim Republicans are responsible for the border mess because they once blocked further spending increases, even though the money goes to accommodate more illegal immigration. It’s time to end this massive farce and lawfully control the border. Democrats will have to find some less costly way to recruit future voters.
Our response to the COVID epidemic was another giant boondoggle. There wasn’t much to do about the virus. Protect the vulnerable, treat the ill, develop a vaccine, and allow it to run its course.
Instead, we embraced an orgy of spending. Trillions went to infrastructure improvements, solar energy, daycare, schools, businesses, and even individuals, all inexplicably in the name of COVID. It didn’t affect the course of the disease, but our descendants will pay for this spree far into the future.
It gets worse. In 2025, the spending caps on Obamacare and other discretionary items are set to expire as are the low interest bonds the government issued when money was cheap. There will be tremendous pressure to spend yet more just to maintain the spending status quo.
Thomas Jefferson, 250 years ago, extolled the benefits of a “wise and frugal” government. We didn’t listen. We will soon wish we had.
Dr. Thomas Patterson, former Chairman of the Goldwater Institute, is a retired emergency physician. He served as an Arizona State senator for 10 years in the 1990s, and as Majority Leader from 93-96. He is the author of Arizona’s original charter schools bill.
Vice President Kamala Harris plans to visit Northern Arizona University (NAU) next month as part of a tour to sell college students on key Democratic causes and increase young voter turnout.
Harris will encourage support for abortion rights, gun control, climate change reforms, progressive voting policies, and LGBTQ+ acceptance. The vice president alluded to the critical role of young voters in the upcoming presidential election.
“This generation is critical to the urgent issues that are at stake right now for our future,” said Harris. “It is young leaders throughout America who know what the solutions look like and are organizing in their communities to make them a reality. My message to students is clear: We are counting on you, we need you, you are everything.”
In Harris’ most recent appearance at Reading Area Community College in Pennsylvania last week, the vice president said that those who disagree with the progressive Democratic views on abortion, guns, climate change, voting, and sexuality are “extremists.”
Harris told the students that abortion was a constitutional right opposed by “extremists,” and that the Supreme Court had taken it away from them. The Constitution doesn’t enumerate abortion among individual rights; it doesn’t mention abortion at all.
“You all […] in your lifetime, witnessed the highest court in our land take a constitutional right that had been recognized from the people of America, from the women of America,” said Harris. “You all — your generation will have mothers and grandmothers that had more rights than you will have.”
Harris said that Biden would sign any bill passed by Congress codifying a right to abortion. Until then, Harris recommended the college students to mimic Mexicans, who “took to the streets” to codify abortion.
As for gun control, Harris advocated for an assault weapons ban, more extensive background checks, and nationwide red flag laws. The vice president characterized opponents to these reforms as “extremists.”
Also last week, President Joe Biden created the first-ever Office of Gun Violence Prevention. Biden placed Harris as the head of the effort. It appears that Harris may be more active in this role in contrast with her other role as the lead on mitigating the border crisis.
On voting policies, Harris took a shot at Georgia’s Christian leaders for their “hypocrisy” in banning the distribution of food and water to voters in line. Harris promulgated a debunked characterization of the law that Georgia made voting more difficult by criminalizing gifts of food and water. The Georgia law prohibits political entities seeking to influence voters from handing out refreshments.
“What happened to ‘love thy neighbor?’ The hypocrisy abounds,” said Harris.
Harris lamented the fact that not all states allow voters to use their student ID to vote. She promoted the practice of automatic voter registration.
Harris also painted opponents to diversity, equity, and inclusion as “extremists.”
“[D]espite what these extremist, so-called leaders are trying to do when they’re trying to get rid of DEI — diversity, equity and inclusion — we know that we’re going to stay committed to issues like equity,” said Harris. “Yeah, we want everyone to have an equal amount, but not everyone starts out on the same base. And so, if you give everyone an equal amount but you don’t start out on the same base, you’re still going to end up with people being treated differently.”
The White House announced Harris’ tour earlier this month. Harris is scheduled to appear at NAU on Oct. 17.
Corinne Murdock is a reporter for AZ Free News. Follow her latest on Twitter, or email tips to corinne@azfreenews.com.
While the White House touts the success of “Bidenomics,” American families are drowning in debt, especially on credit cards. The latest data from the Federal Reserve Bank of New York show Americans ended the first half of this year with over a trillion dollars of credit card debt for the first time ever. At the same time, credit card interest rates are at record highs, pushing many Americans to the financial brink.
How we got here is a lesson in basic economics, something the Biden administration has willfully ignored.
Contrary to the White House talking points, President Joe Biden did not inherit a “reeling” economy and inflation was not “already there.” When he entered the Oval Office, the economy was growing at a $1.5 trillion annualized rate and inflation was 1.4 percent, comfortably below the Federal Reserve’s target inflation rate. But Bidenomics changed all that.
In just a year and a half, Mr. Biden managed to deliver two consecutive quarters of negative economic growth (a recession). Moreover, inflation reached 40-year highs, with prices rising in a single month about as fast as they rose in the entire year before Biden took office.
This is the bitter fruit of the Bidenomics tree. The seed was trillions of dollars in excessive government spending; it was watered with trillions of borrowed dollars and fertilized by the Fed’s printing trillions of dollars. The results are fast-growing prices, a sluggish economy, and family budgets getting squeezed.
Since Mr. Biden took office, prices have risen about 16 percent, but average hourly wages have risen less than 13 percent, and average weekly hours have been cut back. That has left the average American with an effective pay cut of about 5 percent, and families have been using credit cards to make up for that lost purchasing power.
In just two and a half years, outstanding credit card balances have exploded 34 percent, but it gets worse—much worse. The Fed has been steadily raising interest rates to combat the very inflation which it helped cause. That has pushed up borrowing costs, especially on credit cards; their average interest rate is now at an all-time high.
The combination of large balances and high interest rates is a financial death spiral for many American families. When the financing charges on your credit card bill are equal to or greater than what you can afford to pay each month, it becomes impossible to pay down your balance. You are effectively trapped in debt. On top of the higher cost of living, you’re now paying higher financing charges too.
And it’s not just credit card debt that has exploded during Bidenomics. Consumer spending during the last two years has been partly fueled by higher balances for auto loans and mortgages, the latter of which has grown almost $2 trillion in just two and a half years.
Mr. Biden’s false promises of a student loan bailout along with a moratorium on student loan payments have also encouraged young people to take on additional debt for schooling and not pay those loans back. In fact, instead of using the savings from the moratorium to responsibly pay down their debt, most borrowers have been further increasing consumer spending.
American families going deeper into debt is a hallmark of Bidenomics, so much so that even members of Mr. Biden’s administration are beginning to say the quiet part out loud. Vice President Kamala Harris recently claimed that most Americans would go “bankrupt” if they had a $400 emergency expense.
While there is no evidence to support Ms. Harris’ claim, her statement is an indictment of the administration’s economic agenda. For most Americans, a much more likely scenario than bankruptcy is that they would have to put that emergency expense on a credit card—which many families have already had to do.
The squeeze on Americans’ family budgets will continue until we clean up the federal budget. If Washington doesn’t cut trillions of dollars in spending, the bills will keep piling up, both at the Treasury, and in your mailbox.
E.J. Antoni is a contributor to The Daily Caller News Foundation, a public finance economist at The Heritage Foundation, and a senior fellow at Committee to Unleash Prosperity.
Vice President Kamala Harris visited Arizona on Thursday to discuss special advantages her administration has given and plans to give to Native Americans.
The trip marked Harris’ first visit to Indian country, according to the Gila River Tribal Nation’s opening remarks during the event.
Harris called the tribal nation’s reliance on a federal assistance leasing program a “symbol of sovereignty.” The vice president further declared that the federal government retains responsibility to ensure tribal members are successful.
“President Biden and I also believe that we have a duty to address the deep disparities that persist across Indian country. Disparities that are the result, and truth must be spoken,” said Harris. “Disparities are the result of centuries of broken treaties, harmful assimilation policies, displacement, dispossession and violence,. We have a duty to ensure that all Native people have the opportunity to thrive.”
Happening Now: I am live in Arizona at the Gila River Indian Community to discuss our Administration’s historic investments across Indian Country. https://t.co/LQaQ5sGWTX
Harris further said it was the federal government’s responsibility to ensure economic opportunity and success to Native communities through home and small business loans, as well as lines of credit. The vice president cited their administration’s investment of over $500 million into Native American entrepreneurs and small business, and hundreds of millions into community banks.
Harris characterized the Native Americans as “stewards” of the environment for “millennia.”
This mass characterization conflicts with certain realities, especially in recent American history. Native Americans played a role in causing the near-extinction of buffalo with their hunting practices, which included driving mass herds of buffalo off cliffs or killing hundreds at a time just to harvest small parts, like tongues.
(A widespread claim blames professional hunters wishing to eradicate Native Americans for decimating the bison population in the 19th century; however, research shows that the near-extinction was caused by mass disease, triggered by the reduction of bisons’ natural population managers: humans.)
Consequently, Harris revealed that the federal government would invest billions into “climate-resilient infrastructure projects” led only by Native American individuals.
“In order to create enduring solutions to the climate crisis, we must then rely on the knowledge and the experience of Native communities,” said Harris.
Today, I am heading to Arizona to visit the Gila River Indian Community to make clear our Administration’s commitment to uphold our trust and treaty obligations, honor Tribal sovereignty, and ensure Tribal self-determination.
Harris claimed that Native Americans’ voting rights remain in jeopardy, citing remarks made in a meeting with activist Allie Young and Secretary of the Interior Deb Haaland.
The pair alleged the threats concern the distance it takes to reach polling places, and the denial of tribal land IDs when voting. Harris called for two weeks of early voting, an increased number of dropboxes, and same-day automatic voter registration.
Harris also shared that the federal government is working to install voter registration sites in Indian Health Services locations.
The vice president also touched on the federal government’s internet infrastructure initiative. Native Americans receive a special deal on internet access through the Biden administration’s arrangement: up to $75 off per month, versus only $30 off for non-tribal households.
The Biden administration has consistently focused on equity-focused treatment of Native Americans in issuing federal funding. Last year, the administration awarded $261,000 for a regional study of 16 miles of a pedestrian and bicycle pathway, and nearly $25 million to the Colorado Indian River Tribes to reconstruct 10 miles of road.
Corinne Murdock is a reporter for AZ Free News. Follow her latest on Twitter, or email tips to corinne@azfreenews.com.
Terrorists appear to be making the most of the ongoing border crisis, according to the latest illegal immigrant encounter data from Customs and Border Patrol (CBP).
Terror watchlist arrests have increased over sixfold since President Joe Biden took office. CBP apprehensions increased from 15 in the 2021 fiscal year to 98 in the 2022 fiscal year. Since October, there have been 38 arrests of illegal immigrants on the terror watchlist. From 2017 to 2021, four years, CBP only arrested 26 from the terror watchlist.
CBP released operational statistics for December 2022, which can be viewed on our website.
CBP told Fox News that they estimate approximately 1.2 million “gotaways,” in addition to the over 4.6 million illegal immigrants that have been apprehended at the southern border.
Terror watchlist arrests at the southern border are surging under President Biden.
December’s total apprehensions nearly doubled last year’s record for that month; it also marked the highest single month of apprehensions on record.
Nearly 70 percent of the 2022 fiscal year illegal immigrants were single adults (nearly 64 percent in the 2021 fiscal year). Family units accounted for 23 percent of the 2022 fiscal year southwest border encounters.
At this rate, there may be over 9.2 million illegal immigrants by the end of Biden’s first term.
The illegal immigrants aren’t the only increase in border activity since Biden took office. Drug trafficking has also reached historic highs.
Between November 1 and December 31, 2022, @CBPAMO worked with federal and international partners to seize nearly 37,887lbs of cocaine & 1,518lbs of marijuana in international waters, denying criminal organizations an estimated $77.3M in proceeds.
The drug traffickers have gotten creative with their outsized shipments, disguising their cargo as commercial goods like rocks and cotton candy.
San Diego CBP officers working on January 11 seized $4M worth of cocaine concealed within a shipment manifested as decorative stone. The packages of cocaine were hidden within a plaster-like material designed to appear like stones.
Harder drugs are taking precedence over others, as reflected by CBP drug seizure statistics. This includes fentanyl, meth, and cocaine. Marijuana dropped off in seizures around 2021.
On Saturday, Laredo CBP officers examined a tractor-trailer manifesting a commercial shipment of cotton candy and discovered 3,373lbs of marijuana concealed inside with an estimated street value of $7.5M.
Vice President Kamala Harris visited Arizona last Thursday. Although Biden designated Harris as the “Border Czar,” Harris did not visit the border while in Arizona. Rather, the vice president came to the state to discuss “clean” energy.
This Arizona sheriff says it was "insulting" for "border czar" Kamala Harris to visit the state without stopping at the border:
"We can't get our vice president to even acknowledge [the border crisis] while she's in our state….it's insulting." pic.twitter.com/3lLDLB8Lgd
When asked why she and Biden weren’t taking more steps to secure the border, Harris said that Congress needed to act. Harris also indicated that it wasn’t important for her to visit the border during last Thursday’s trip, since she went in June 2021.
“The reality is, the people in Washington, D.C., the people who walk around the halls of Congress need to do something,” said Harris.
"Border czar" Kamala Harris concedes the only thing Americans can expect from the Biden admin on securing the border is blaming Congress. pic.twitter.com/D50ATzjSOT
