In his 1981 inaugural address President Reagan warned of those who “believe that society has become too complex to be managed by self-rule, that government by an elite group is superior to government for, by, and of the people.”
Today, the Biden administration has started to put in place such elitist rule and Exhibit A is the agenda and leadership of the Federal Trade Commission (FTC). In fact, Biden Administration nominees will likely have control of the FTC well past January 2025, regardless of who is elected President. There are several steps, however, that can be taken to keep the FTC in check.
Lexington Institute’s Paul Steidler discusses this here in RealClearMarkets.
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