Tag: economy

A Convention of the States Could Solve Our Problems

Garrett Summers | @g_summ300

Under Article V of the Constitution, the states have the power to call a Constitutional Convention to amend the Constitution. Two-thirds of state legislatures (34) must pass statements in support of a Constitutional Convention for the convention to be called. In the past, all Constitutional Conventions have been called for with one amendment in mind. Currently, the Convention of States Action Program is taking petitions to give to state legislatures to show public support for a Constitutional Convention, but no specific amendments are named. The movement wants the legislatures to create and draft these new amendments, with the only caveat being that they must limit the federal government’s power. The federal government will have no power over the convention, nor will it have any vote or say in the amendments up for debate. This allows the representatives that are closest to the people to propose amendments that are truly supported by the people.

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A Trade War With China Will Be a Disaster

Jack Parkos | @laissez_faire76

President Trump has decided to raise tariffs on China from 10% to 25%, effectively declaring a trade war, and took to Twitter to justify his decision.

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Student Loans Are This Century’s Crisis

Nate Galt | United States

This country is facing a major economic crisis- 1.5 trillion dollars of unpaid student debt. The next generation of college graduates will have hundreds of billions of dollars in borrowed money, most of which they will never be able to repay. After home mortgages, student debt is the second-highest type of consumer debt, higher than credit card debt. With solutions to student loans being thrown around on the campaign trail, it’s time to talk about the future.

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“Everything the Government Does is Socialism”: A Child’s Guide to Libertarianism

Jack Parkos | @laissez_faire76

Libertarians promote free-market capitalism and little to no government interference in the economy. We oppose government control over the economy. Further, we oppose Marxist ideologies like communism and socialism. One problem with libertarians, however, is their false usage of the term “socialism“. Libertarians label things as “socialist” regardless of whether they are inherently socialist. This characterization hurts the movement.

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Socialism​: An Insult Posing as an Economic System

Ellie McFarland | @El_FarAwayLand

In November of 2018, the United States held the midterm elections. It elected dozens of brand new faces to Congress; including the now infamous Alexandria Ocasio-Cortez (AOC). She is a “Democratic Socialist” and is a Congresswoman for New York’s 14th district. AOC’s success ushered in an entirely new era of democratic politicians. She proved that more radical policies can be popular and added to the growing pool of “socialists” in Congress. Bernie Sanders and AOC are the two most prominent democratically socialist thinkers in government right now. With this shifting climate against “the elites” in mind, it’s important to examine the ideas people are putting forth with a critical eye.

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