By Andy Blom, TES Correspondent
Congress fights the Coronavirus the only way it knows how — with panic and partisan bickering. Many Americans are just treating it like a snow day. Meanwhile free market policy people, now even more socially isolated than usual, are still working on issues and ideas that affect America, and the world. Read on for this week’s news…
Department of Labor Working for…Labor. The U.S. Department of Labor’s Office of Labor-Management Standards announced a significant increase in the number of indictments and criminal investigations in FY 2019. Tasked with protecting union democracy, and investigating and prosecuting union officer election complaints, the OLMS has been responsive in investigation and aggressive in reducing the time for resolving complaints. Read about it here.
The DOT Acts on Behalf of Airline Customers. Hooray for the continued deregulation efforts of the U.S. Department of Transportation. Their latest action involves a new proposed rule modernizing its Aviation Consumer Protection Authority. The new rule provides greater clarity in just what are unfair and deceptive practices by airlines. Small changes can have big effects and providing consumers with clarity and protection by removing power from bureaucrats ranks high. Take a look at the details of the DOT action here and get more info courtesy of CEI.
Open Your Checkbook for the Green New Deal. It’s Going to Cost You. A new study by Power the Future, the Wisconsin Institute for Law and Liberty and the Competitive Enterprise Institute gives hard truth and hard facts to the economic impact of the proposed Green New Deal — policies supported by the Democrat Candidates for President, by the way. Updating previous estimates with new data from 2019, the study finds the GND could cost households in 11 states at least $70,000 each…in just the first year after passage. Sobering news that you should take a look at…it might be coming soon to a bank account near you. See the info at the CEI website.
Upzoning — Getting in Front of the Coming Housing Crunch. Housing affordability is becoming a serious issue in more than just LA, New York and Austin. A legislative proposal in Maryland opens the door to “Upzoning”, opening zoning to allow for more types of housing that suit more people (think those struggling to buy or rent homes). Upzoning will make some homeowners unhappy. It could be a smart solution, or a battleground, as we try to face this looming problem. Take a look at Mercatus for thoughts on the issue.
Here’s a Bad Idea — Central Banks Fighting Climate Change. There is an entity, The Bank of International Settlements (BIS), headquartered in Basel, Switzerland that is a collection of most of the world’s central banks. Fortunately, the Federal Reserve is not interested in following all of their recommendations. Why? Because the BIS is interested in central banks being very actively invested in fighting climate change, leading a “structural transformation of our global socioeconomic system”. Hyper-politicized central banks? No thanks, the Fed is political enough. Read the scary details at Forbes.
Upcoming Events: Check to make sure your event has not been cancelled due to Coronavirus. Many are being live-streamed as an alternative.
- REFORMING THE DEFENSE DEPARTMENT. Author Peter Levine. Tuesday, March 17, 12 PM – 1 PM. The Heritage Foundation’s Lehrman Auditorium, 214 Massachusetts Ave. NE. RSVP: heritage.org/events.
- PENNSYLVANIA LEADERSHIP CONFERENCE. Congressman Jason Chaffetz. March 27-28. Radisson Penn Harris, Camp Hill, PA. Info and register at PALeadershipConference.org.
- ACTON UNIVERSITY. Four Day Conference. June 16 – 20, Grand Rapids, Michigan. Apply at university.acton.org.
Andresen Blom is a Washington based policy and political analyst and author who has been published in The Wall Street Journal, The Hill, and Politico.