There is a common misconception that the Constitution mandates that the US government grant citizenship to everyone born within the borders of the United States.
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Politics
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The central pillar of the Keynesian system is that spending drives the economy, so savings on a large scale will push the economy into recession. As Austrians know, that narrative is entirely false and fails to accurately explain how the economy works.
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Alexander Stephen’s infamous “Cornerstone” speech remains controversial even today. The simple revisionist narrative is that the northern states opposed slavery while only the South supported it. Like all narratives, it leaves out important information.
The recent frenzy of pardons is an important reminder that there is no such thing as the so-called “rule of law” in the United States.
The standard Keynesian line is that the government can shorten recessions by using fiscal and monetary “stimulus.” However, as Austrian economists note, ratcheting up government spending only makes things worse, setting the stage for the next economic downturn.
Americans once dreamed of a country that did not care about global greatness or glory. It was within our reach if we had been wise enough to grasp and hold it.
As people from Generation X move toward retirement, they are starting to understand that Social Security really is in crisis and many public pension plans are underfunded. Furthermore, they find that inflation is eating through their retirement savings. This won‘t end well.