Josh Hawley’s antitrust populism relies on magic money

Published April 21, 2021 3:49pm ET



In public policy, you can either be on the side of smaller government or bigger government.

For decades, the Republicans have been the party of limited, smaller government. It was a winning idea, while the Democrats’ only solutions involved a combination of fairy tales and magic money. The Democrats seem to think that they can take money and power from producers and that the money and power that they take will multiply throughout the economy. The Republicans argued that leaving money and power with these producers would allow them to make even more money, produce even more, create even more jobs, and incentivize others to fight for that power and money.

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