A fifteen minute conversation with any free-market economist would uncover plans to reduce the cost of everything. Below, the attentive reader will find the essence of such a discussion. Everywhere in the United States, the law of supply and demand continues to hold sway, although we find here and there performance politicians who pretend never to have heard of it. The Mayor of New York City, Zohran Mamdani, is one of the more persuasive pretenders. The law of supply and demand holds that the cost of goods and services is directly related to the supply of goods and services. Energy, to choose one product, becomes more expensive as its supply diminishes. The same is true of housing. If the demand for housing is constant and the supply diminishes, housing becomes more expensive, further diminishing supply. Here in Connecticut, new housing is becoming too expensive to produce. The expense may be mitigated in one of two ways. State government must pro...
Mamdani For those unfamiliar with politics in the good old USA, it may be necessary to point out the difference between a primary and a general election. A general election is a cross party struggle, and a primary is an interior party struggle. Democrat Party partisans in New York City are still celebrating their victories in the New York City primary race, and they hope to extend their forward momentum beyond New York. It has been rumored that socialist squad leader Alexandria Cassio Cortez (AOC) has her eye on Chuck Schumer’s U.S. Senate seat. AOC has yet to issue a categorical denial that Schumer may be the next target of ambitious New York socialists and Schumer, for his part, has most recently dressed himself up in the usual socialist rhetorical apparel. Hey Schumer, Pelosi, Blumenthal – you’re next. The same is true in Connecticut, where long-serving U.S. House member John Larson finds himself under primary assault from young anti-establishment D...