Month: January 2020

Compromise Can Enable Competition

January 27, 2020 Free market capitalism can’t work without competition. And competition is suppressed. Competition motivates companies to produce their best at the lowest prices and gives consumers choice. Instead of nurturing competition, our government stifles it with cronyism and lobbyist-influenced legislation. American consumers clearly have fewer choices. In many industries, it’s 3-4 competitors at most. …

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Junk in the Trunk: Bad Auto Loans Could Derail Economy

Let’s talk about risk. Going back to the 2009 subprime mortgage crisis, it was clear a lot of bad mortgages were packaged as investments and sold off. When the mortgages went bad, so did the investments, causing a disastrous economic ripple effect. Today, the same thing may be playing out, but instead of mortgages, it’s …

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