Stephen Anderson

The flurry of post-Watergate “reforms” supposedly were passed to counteract government abuse of citizens. Not surprisingly, the FISA program, which was aimed at reducing internal government spying became the means of massive growth of the surveillance state.

For all of the media ballyhoo about the CHIPS Act, it really is a page out of the old five-year plans from the Soviet Union. The CHIPS Act will have the same success as befell the Soviets.

When the government wants to make something more affordable, that usually means new subsidies, laws, and regulations that drive up the real price. Higher medical prices will mean more medical bankruptcies.