I’m So Old …


… I remember when people (including my wife and me) moved to California because it was a place full of opportunities for growth. I also remember watching those opportunities slip away as the state became more tightly regulated. Eventually, Mrs. Hoge and I slipped away as well.

Of course, there’s nothing particularly special about California’s politicians and bureaucrats other than the size of the bureaucracy. They function with a typical level of incompetence. It’s no surprise to me that a state with significant energy resources is facing power blackouts because it has mismanaged its forests and energy production and distribution systems.

If you live in a well-managed state and you’d like a preview of a tightly regulated economy looks like, look at California. If you’re a one-percenter or the right kind of bureaucratic professional, you may like it. Otherwise, …

Afterthought— I used the term one-percenter in the paragraph above. That can refer to either an outlaw motorcycle gang member or a member of the wealthy elite. Either meaning works in that sentence.

A Kept Promise


During the 2016 election, Donald Trump made a campaign promise to cut back on federal regulation by requiring bureaucrats to repeal two regulations for each new one they imposed. Paul Bedard reports over at the Washington Examiner that the Administration is claiming it has not only kept that promise but has done better still. The post quotes Russ Vought, the Acting Director of the Office of Management and Budget as saying, “We’ve hit 13 to 1.” The OMB is claiming the resulting reduction in paperwork has saved the economy 33 billion dollars.

The most significant rollbacks have been at the Departments of Labor, Agriculture, and Education and at the EPA.

Past performance is not a guarantee of future results, but wow, this sure looks like a good start!