Wonder Land: Republican presidential hopefuls Ron DeSantis, Mike Pence, Nikki Haley, Tim Scott, Chris Christie, Vivek Ramaswamy and maybe even Donald Trump are united on spending.
Images: Reuters/Zuma Press Composite: Mark KellyBefore the rise of the regulatory state, America’s economic exceptionalism flowed from clear constitutional boundaries between the spheres of individual freedom and government power.
All major federal initiatives were circumscribed by the Constitution and required legislation by both houses of Congress followed by the president’s signature.
The result was economic and political stability enforced by checks and balances.
While political inertia frustrated elected officials, the benefits of unparalleled economic certainty and unmatched freedom to work, save and invest delivered unequaled prosperity.
Persons:
Ron DeSantis, Mike Pence, Nikki Haley, Tim Scott, Chris Christie, Vivek Ramaswamy, Donald Trump, Mark Kelly
Organizations:
Republican, Zuma, Senate