HeyJaredVeronique De Rugy
- Indexed articles, last 90 days
- 8
- Latest publication
- Oct 1, 2026
- Outlet visibility, for Reason Magazine
- Top 500K sites
- Earliest in this view
- Aug 6, 2026
Latest articles
The national debt has exploded. The reckoning is still coming. (opens the original)
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Is the federal government's history of enormous deficits proof that it can keep up the borrowing? Some people think so, and legislators sure act that way. Federal debt held by the public now equals the size of the annual economy—and is growing. Yet investors continue buying Treasury securities. No government bond sale has really failed, no one has suddenly refused to finance Washington's spending, and no unmistakable moment has forced Congress to change course. That leads some people I cross pat
The Fed can't fight inflation alone. Will Congress do its part? (opens the original)
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Inflation hasn't gone away—it's going up. With the midterm elections seven weeks off, that's a problem for the president and Congress. Voters hate inflation. They don't much like the cure either, and the cure has two parts. The Federal Reserve raising interest rates, like it just did, is one. The second part is overlooked and in the hands of Congress. Indeed, the Fed can't bring inflation down for good unless lawmakers show they will back the debt with future fiscal surpluses. That means becomin
There's no market failure in choosing to stay home. So why subsidize it? (opens the original)
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Vice President J.D. Vance wants to pay married parents to stay home with their children, and he wants to do it with money Congress appropriated to help low-income families afford day care. Whatever one thinks of the goal, which may prove popular, the proposal fails every test we should apply to government subsidies. That's because the proposal corrects no market failure. It pays people for choices they're already making. It adds a new claimant class to a budget that cannot carry the ones already
Trump's beef tariff cut accidentally makes the case for free trade (opens the original)
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I will never understand why President Donald Trump, brought back to office partly in response to a sharp rise in prices during former President Joe Biden's interlude, would pursue the expensive tariff policy we've been subjected to since the beginning of 2025. And yet here we are, with another reason to be unhappy about inflation and the cost of living. Sadly, the administration's response to the pressure is as erratic as its tariff policy. On one hand, Trump lowered tariffs to bring down the pr
The national debt has crossed $40 trillion. Both parties are responsible. (opens the original)
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The U.S. national debt just crossed the $40 trillion threshold, doubling in less than a decade. Washington politicians have responded with their favorite fiscal game: blaming the other party. Democrats say Republican tax cuts are the culprit. Republicans say Democratic spending is the root cause. But both parties are responsible, with both hiding behind a lie of omission. And if we let them, they'll keep driving us into the same wall together. Sen. Patty Murray (D–Wash.) recently called Republic
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