- End Sugar Quotas.
- End Tariffs on Food.
- Expand Agricultural Immigration Visas.
- Expand the Scope of Independent Health Care Practices.
- Allow More Over-the-Counter Medicines.
- Recognize Foreign Drug Approvals.
- Scrap the Tariffs. (The extension beyond appliances is straightforward.)
- Relax Licensing Requirements for Repairmen.
- Release Land for Building.
- Upzone.
- More By-Right Permits.
- Approve More Pipelines, More Quickly.
- End Tariffs on Goods Needed for Electrical Grids.
- Repeal the Jones Act.
- End the 'Chicken Tax'.
- Allow Direct Sales of Motor Vehicles.
- End or Ease Buy American Rules.
That noted, Mr Bourne is correct in diagnosing many of our "affordability" crises as failed attempts to manage crisis that somehow spill over into continuing the crisis, and the intrusion of Our Political Masters.
A serious affordability agenda would take aim at child care, clothing, and dozens of other essentials. Even in the areas covered here, there's more that could be done. The guiding principle is clear: Trade liberalization and deregulation can unleash supply, expand consumer choice, and improve affordability—sometimes through lower prices, sometimes by making room for cheaper, lower-frills options. Even when prices don't drop much, greater efficiency boosts wages.But, but, but, I can hear the advocates for Government that Does Something scolding all and sundry about how Something Had Gone Wrong and There Was A Problem and Those State Actions were Intended To Solve Problems.
In the long run, what people care about is how far their money goes. This requires economic growth. But after an inflation shock has jacked up prices, consumers aren't in the mood to wait. Officials should respond by letting markets work, not by stumbling into price controls and costly subsidies.
And maybe next time, Washington could try not overstimulating the economy through reckless monetary and fiscal policy in the first place.
Let's open the new year with another reminder that voters returned Donald Trump and a Republican majority to Washington, known faults and follies all, because the most recent attempts to have a Government Doing Something brought us fiscal incontinence and a debacle in Afghanistan and corona tyranny and dangerous cities and personnel policies where competence was second or third to identity or ideological conformity.

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