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The Self-Destructive Nature of the Biden Administration

The Blade of Perseus
June 28, 2024
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Victor Davis Hanson in The Blade of Perseus explains the self-destructive approach U.S. President Joe Biden has taken in governing America. Hanson details how running the country into unrepayable US$36 trillion debt and causing unmanageable inflation will serve to harm a future Republican government, forcing it to adopt tough – and unpopular – remedies.

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In City Journal, Ramon Maislen explains that solving a housing affordability crisis – New York City’s in this case – depends on driving down the costs of bringing new units onto the market. Civic governments can’t control interest rates, but they can cut red tape, local taxes and constraints on construction companies. “If we want lower rents,” Maislen observes, “we need more housing. And if we want more housing, the math needs to add up for the people who build it.”

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