Skip to content
Search

Latest Stories

Follow Us:
Top Stories

Why Is the American Economy Designed to Punish the People Who Build It?

Opinion

American flag and money
American flag and money
Javier Ghersi/Getty Images

Walk onto any construction site in America.

Step into any busy emergency room.


Visit any local machine shop.

And you will see the Makers.

The carpenter is framing the house. The nurse administering the IV. The engineer is debugging the code.

These people are the engine of our country. They wake up, they apply effort, and they create value that didn't exist yesterday.

Yet for millions of them, the math of modern American life does not add up.

Paychecks get swallowed by rent, medical bills, and regulatory friction.

Productivity rises, but opportunity feels like it is shrinking. Something upstream is distorting the flow of value.

Now look at your bank account. Look at the rent check that eats half your salary. Look at the medical bill that costs more than your car.

Where is that money going? It isn't going to the carpenter. It isn't going to the nurse.

It is going to the Takers.

The problem is not that Americans have forgotten how to work.

The problem is we have let our economy be hijacked by a parasitic class of middlemen, monopolists, and bureaucrats who produce nothing but paperwork, yet charge a toll on everything.

Let’s look at housing.

The carpenter wants to build you a home.

You want to buy it.

But you can't, because a local Zoning Board, composed of people who already own their homes, has made it illegal to build on the empty lot next door.

They aren't protecting the neighborhood; they are hoarding scarcity to inflate their own asset values.

They are taking your future to pay for their retirement.

Let’s look at healthcare.

The doctor wants to treat you.

You want to get better.

But standing in the middle is a Pharmacy Benefit Manager (PBM), a corporate middleman you never elected and never hired.

They negotiate secret rebates that drive up the cost of your insulin, allowing them to skim a profit. They don't make the drug. They don't cure the patient. They just own the toll booth.

Let’s look at the government.

The entrepreneur wants to launch a new factory.

But before they can hire a single worker, they have to navigate a maze of permits, impact studies, and compliance fees that drag on for years.

It is a system designed by lawyers, for lawyers, to keep the little guy out and the big guy comfortable.

The result is an economy of Artificial Scarcity.

We have been told that high prices are just "inflation" or "bad luck."

That is a lie. High prices are a policy choice. We have chosen to protect the Takers at the expense of the Makers. We have chosen to preserve the value of existing assets rather than encourage the creation of new ones.

Here’s the good news: the Takers win because the Makers are divided.

But on these specific issues, we have natural coalitions waiting to be activated.

The progressive renter and the libertarian developer both want zoning reform.

The union nurse and the small clinic owner both hate PBM middlemen.

The socialist organizer and the evangelical contractor both want permit streamlining.

It is time to flip the script.

We need an agenda that declares war on the toll booths that are keeping your bills unaffordable.

If a zoning law stops a Maker from building a home, we should strike it down.

How?

Show up to your next Planning Commission meeting. They meet every month, and the room is usually empty except for NIMBYs protecting their property values. Bring five friends. Testify for two minutes in favor of that apartment complex. You’ll be outnumbered 20-to-1, but you’ll shift the Overton window. Do it monthly, and you’ll win.

If a corporate monopoly stops a Maker from repairing their own tractor, we should break it up.

How?

Find out if your state has a Right to Repair bill in committee. Look it up on your state legislature’s website; it takes 30 seconds. Email your representative. Better yet, get your mechanic uncle to email with you. When a small business owner writes, legislators listen. If there’s no bill, find the legislator who would sponsor one and ask them why they haven’t.

If a bureaucrat can’t prove that a regulation keeps us safe, we should fire the bureaucrat, not fine the business.

How?

Request a copy of your city’s business licensing requirements under public records law. Map which ones actually prevent harm versus which exist to create friction. Publish what you find. Local journalists are desperate for data-driven stories about the cost of living. Give them one. Public attention forces reform.

And if your local government won’t listen?

Run for it. Planning Commissions, School Boards, City Councils. These positions often go uncontested. The Takers rely on apathy. Show up, and you’re already halfway to winning.

Imagine what happens if we simply get out of the way.

Imagine a market flooded with new homes, driving rent down to sanity.

Imagine a healthcare system where prices are transparent, and you pay the doctor, not the insurance adjuster.

Imagine an America where the fastest way to get rich is to build something useful, not to corner a market.

The Takers have had a good run. They have bought the lobbyists, written the tax code, and rigged the game.

But they forgot one thing: they need us. We don't need them.

Pick one toll booth. Just one. Find where decisions about it are made. Show up this month. Speak. Bring evidence.

The Takers are counting on you to stay home.

Prove them wrong.

Princeton Lock is a 17-year-old entrepreneur and student at Newport High School. He writes about economic efficiency, regulatory reform, post-partisan governance, and the cost-of-living crisis facing the next generation. Subscribe to his newsletter at PrincetonLock.com

The Fulcrum is committed to nurturing the next generation of journalists. To learn about the many NextGen initiatives we are leading, click HERE.


Read More

A gavel.

Analysis of President Donald Trump’s tariffs after a record $901.5B U.S. trade deficit in 2025. Explore the economic realities behind trade imbalances, the United States Supreme Court ruling on tariff authority, and the growing debate over executive power and trade policy.

Getty Images, Phanphen Kaewwannarat

What’s Next After the Court’s Tariffs Decision?

A Stubborn Imbalance

After a year of President Trump’s sweeping tariffs, sold as a reset of global trade, the promise was simple: the U.S. trade deficit would shrink. It did not. The Commerce Department instead reported a $70.3 billion deficit in December and a staggering $901.5 billion for all of 2025, one of the largest totals on record. The gap between imports and exports barely narrowed at all.

These figures matter because they undermine the central premise of the strategy: make imports more expensive, reduce foreign purchases, and bring production back to the United States. But that approach overlooks a key reality. Trade balances are not driven by tariffs alone. They reflect deeper forces such as consumer demand, domestic savings rates, the strength of the dollar, and global capital flows. Those forces do not yield easily to executive action.

Keep ReadingShow less
Trump Frames Economy As ‘Stronger than Ever Before’ in State of the Union, but Lawmakers Question the Claim

President Donald Trump delivered his State of the Union address before a joint session of Congress on Tuesday night.

(Cayla Labgold-Carroll/MNS)

Trump Frames Economy As ‘Stronger than Ever Before’ in State of the Union, but Lawmakers Question the Claim

WASHINGTON — President Donald Trump used the longest State of the Union address in U.S. history on Tuesday night to argue that Americans are already experiencing “a turnaround for the ages” thanks to his agenda. But moments of disruption inside the House chamber and reactions from lawmakers afterward suggested Democrats and even some Republicans dispute his claims.

Trump’s address offered a snapshot of how the White House is trying to frame the economy heading into an election year. The administration sought to present easing inflation, falling prices, and rising wages as settled facts.

Keep ReadingShow less
U.S. Capitol

A shrinking deficit doesn’t mean fiscal health. CBO projections show rising debt, Social Security insolvency, and trillions added under the 2025 tax law.

Getty Images, Dmitry Vinogradov

The Deficit Mirage

The False Comfort of a Good Headline

A mirage can look real from a distance. The closer you get, the less substance you find. That is increasingly how Washington talks about the federal deficit.

Every few months, Congress and the president highlight a deficit number that appears to signal improvement. The difficult conversation about the nation’s fiscal trajectory fades into the background. But a shrinking deficit is not necessarily a sign of fiscal health. It measures one year’s gap between revenue and spending. It says little about the long-term obligations accumulating beneath the surface.

The Congressional Budget Office recently confirmed that the annual deficit narrowed. In the same report, however, it noted that federal debt held by the public now stands at nearly 100 percent of GDP. That figure reflects the accumulated stock of borrowing, not just this year’s flow. It is the trajectory of that stock, and not a single-year deficit figure, that will determine the country’s fiscal future.

What the Deficit Doesn’t Show

The deficit is politically attractive because it is simple and headline-friendly. It appears manageable on paper. Both parties have invoked it selectively for decades, celebrating short-term improvements while downplaying long-term drift. But the deeper fiscal story lies elsewhere.

Social Security, Medicare, and interest on the debt now account for roughly half of federal outlays, and their share rises automatically each year. These commitments do not pause for election cycles. They grow with demographics, health costs, and compounding interest.

According to the CBO, those three categories will consume 58 cents of every federal dollar by 2035. Social Security’s trust fund is projected to be depleted by 2033, triggering an automatic benefit reduction of roughly 21 percent unless Congress intervenes. Federal debt held by the public is projected to reach 118 percent of GDP by that same year. A favorable monthly deficit report does not alter any of these structural realities. These projections come from the same nonpartisan budget office lawmakers routinely cite when it supports their position.

Keep ReadingShow less
A New Democratic Approach: Guardrails That Speed, Not Stop, Progress

A take on permitting reform, deregulation, and DHS accountability—arguing for economic growth with guardrails that protect communities, health, and the environment.

Getty Images, Javier Ghersi

A New Democratic Approach: Guardrails That Speed, Not Stop, Progress

For far too long, our national conversation has been framed around a false choice. On one side, Republicans frequently argue that the best way to strengthen the economy and improve the lives of everyday Americans is to give businesses maximum freedom by having fewer rules, fewer constraints and more incentives to grow. On the other side, Democrats have stressed the need for guardrails to protect our environment, our health, and our communities from the unintended effects of unchecked growth.

But this debate has always been too narrow. It assumes that we must choose between action and accountability, between getting things done and doing them responsibly.

Keep ReadingShow less