We spend a lot of time talking about the size and scope of government. Today, we turn those questions to private industry.
Thanks to everyone who has become a Patreon supporter. We're still focused on our initial $3000 monthly goal so that we can create additional content. Head over the Patreon to sign up and unlock the secret garden of content!
Thank you to our sponsors for this podcast:
School’s out for summer! And Redbox has the video games to keep you entertained. With over 40 thousand locations nationwide, you can rent and return anywhere. Better yet, you’ll get a FREE 1-night game rental from Redbox when you use the promo code PANTSUIT3. Swing by a Box in your neighborhood, or if you want to make sure the game you want is there when you arrive, reserve it online at Redbox.com/games.Offer valid through July 25th 2017. Subject to additional terms. Charges apply for additional nights. Payment card required. Getting into video games has never been so easy!
Away offers high-quality luggage that is designed to be resilient, resourceful, and essential to the way you travel. Available in nine colors and four sizes – including Carry-On sizes that are compliant with all major US airlines – the Away suitcase is lightweight and unrivaled in strength and impact resistance. For $20 off a suitcase, visit Away and use promo code PANTSUIT during checkout!
Kiva.org is the world's largest crowdfunding platform for social good. With Kiva, you can back the dreams of refugees, small business owners, students, and those needing a chance - at home in the U.S. and abroad. The best part is that it's a loan, not a donation, so as you get repaid you can continue to recycle your money to fund more individuals. Join in the movement today at kiva.org/PANTSUIT, and if you make your first loan during July or August, Kiva will give you a $25 credit to back a second dream.
Chancellor Angela Merkel hosted the G20 in Hamburg, and it was a tough time.Merkel and others (including this Australian journalist) criticized the United States for the President's decision to exit the global climate accord. Ivanka Trump sat in for her father for part of the summit, prompting controversy. The President met with Vladimir Putin -- a meeting that generated conflicting accounts, consternation for Americans, and according to the President,"tremendous" results.
For our compliments to the other party, Sarah gives kudos to RepublicanRepresentative Shelley Capito for her stance on the BCRA. Beth compliments former Representative Donna Edwards for her moving Washington Post op-ed on health care and MS.
Antitrust laws are receiving increased attention. We were particularly struck by Steve Hilton's comments on the importance of antitrust laws in this Freakonomics interview. So, today we consider how the US economy is becoming less competitive. We talk about the importance of stability in the people and policies enforcing antitrust laws. We consider the mergers over the past two years (the most on record). We wonder about our myopic focus on price is causing us to miss other important aspects of private power. European countries seem to be taking a harder line on large tech companies, and we wonder if America needs to follow suit. But antitrust is complex, and who knows where the President will come out on these issues?