The accumulation of economic distortions must be faced. The longer we delay the hard decisions the more difficult the needed solutions will become.
In the past few decades, a growing tide of regulations has increased the demand for oil while simultaneously restricting domestic supplies of oil, coal, nuclear power, and natural gas.
In the past four decades, we have seen a dramatic growth in the scope of government power in the United States: a drainage of power upward out of the states into the central government, and within that central government, away from the Congress into the hands of the executive.
The future of the private enterprise system in the United States is going to be determined by the outcome of the current debate that is now heating up over government regulation and deregulation.
A large body of empirical evidence has now piled up as to the efficacy—or the lack of efficacy—of federal regulation of U.S. economic life.
The truth of the matter is that the quality of health care in our country has been getting better and better.
This address (non-controversial and non-partisan) is on the subject because as Americans we ought always, like Lincoln, to seek for the meaning of great events.
Nations are not brought by the stork; nor do nations come into being as a result of any sort of social contract.
In failing to intelligently analyze particular conditions, we have convinced ourselves that without immediate action from Washington, the sky will indeed fall.