Trust Funds: Real and Imaginary
It is interesting that the basic framework of the U.S. unemployment compensation program was first established in the Social Security Act of 1935. Although both programs have trust funds, one is real, and one is imaginary. Due to the COVID-19 “pandemic,” state...
Predatory Pricing?
Uncle Sam can’t seem to make up his mind about how to define predatory pricing. Charge too little for a good or a service and the federal government might term it predatory pricing. But charge too much for a good or a service and the federal government might term it...
Neither Necessary nor Proper
It was sixteen years ago last month that the U.S. Supreme Court, in the case of Gonzales v. Raich (2005), ruled that the Controlled Substances Act (21 U.S.C. 801) did not exceed the power of Congress under the Commerce Clause as applied to the intrastate cultivation...