Spencer P. Morrison

About Spencer P. Morrison

Spencer P. Morrison is a law student, writer, and author of Bobbins, Not Gold. He is the editor-in-chief of the National Economics Editorial. Follow him on Twitter @SPMorrison_.

A $116 Billion Burden: The Economics of Illegal Immigration

Illegal immigrants and their children cost American taxpayers $135 billion annually—or $8,075 per alien per year, according to the Federation for American Immigration Reform’s (FAIR) new 2017 report. The costs are partially offset by taxes collected from illegal aliens, which total $19 billion. Taken together, the net cost of illegal immigrants to American

By | 2017-09-29T13:05:47+00:00 September 29th, 2017|

U.S. Sanctions on Venezuela’s Oil Exports Won’t Work

President Donald Trump is considering imposing sanctions on Venezuela by blocking the country’s oil from U.S. ports, Axios reports. Likewise, U.N. Ambassador Nikki Haley criticized the regime of Nicolas Maduro, and confirmed that oil sanctions “are not off the table.” This represents a marked escalation: last month President Trump advocated a more finely

By | 2017-09-27T12:03:08+00:00 September 27th, 2017|

Why America’s Right Must Reject Global Free Trade

Mocking left-wing cognitive dissonance is a favorite and lucrative pastime for many on America’s Right. It’s easy to do and the base loves it. The Left preaches against the evils of anthropogenic climate change, for example, but does so only from the comforts of private jets and exotic destinations. Outrageous, yet amusing. But

By | 2017-09-24T14:56:59+00:00 September 21st, 2017|

When Did ‘Tariff’ Become a Bad Word?

"Another Revelation of Strength," political cartoon, 1898. President Trump last month empowered U.S. Trade Representative Robert Lighthizer to investigate China’s theft of American intellectual property (IP), which costs America up to $500 billion annually. A new report from Axios, however, reveals that Trump’s aggressive action on IP theft may just be the beginning.

By | 2017-09-09T09:42:57+00:00 September 6th, 2017|

Ending DACA is a Win for American Workers

The battle over illegal immigration just kicked into high gear, as President Trump has decided to scrap Barack Obama’s ill-conceived and unconstitutional Deferred Action for Childhood Arrivals (DACA) program. The administration will, however, delay enforcement for six months, so as to give Congress time to act. This is stellar news—a big win American

By | 2017-09-08T09:55:56+00:00 September 5th, 2017|

Why I Cancelled My Subscription to The Economist

As a teenager I was enthralled by The Economist—the logic of liberal economics was elegant, almost beautiful in its simplicity. I was a student. I valued parsimony. The Economist provided this, boiling macroeconomic events down to their core components and causal mechanisms—it made economics digestible. I also valued objectivity, or at least its

By | 2017-08-26T13:16:54+00:00 August 23rd, 2017|

Tackling the ‘China Question’

It is an open secret in Washington, D.C. that China, to put it mildly, is “ripping us off” on trade. This fact is tacitly acknowledged by congressmen, Republican and Democrat alike, businessmen, and economists, and yet the “China question”—how to correct the U.S. trade asymmetry—is conspicuously absent from policy discussions. Or, rather, it

By | 2017-08-18T14:34:34+00:00 August 16th, 2017|

America’s Ailing Healthcare System Depends Upon Immigration—And That’s a Bad Thing

Now that President Trump has signaled his support for the RAISE Act, many Americans are being forced to think about the merits and pitfalls of our legal immigration system. One key problem that has received no attention is how the large-scale immigration of foreign physicians has contributed to the atrophying of U.S. medical

By | 2017-08-10T13:17:46+00:00 August 7th, 2017|

The RAISE Act Could Boost U.S. Fortunes. Here’s Why…

President Trump this week provoked yet another media meltdown by endorsing the RAISE Act, an immigration reform bill sponsored by Senators Tom Cotton (R-Ark.) and David Perdue (R-Ind.). If passed, the bill would cut legal immigration to the United States by up to 50 percent, and break the cycle of chain-migration by giving priority to

By | 2017-08-08T12:37:02+00:00 August 3rd, 2017|