Tag Archives : subsidies
How Redistribution Creates a Poverty Trap
I’ve beaten up on Newt Gingrich for his views on global warming and his attack on the Ryan budget plan, but I’m completely on his side in the faux controversy about whether it is racist to call Barack Obama the “food stamp president.” This story from ABC News should worry everybody, regardless of whether the […]
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Is Mitt Romney Trying to Become the Richard Nixon of the 21st Century?
I can’t say I’m surprised, but I’m nonetheless still nauseated to read that Mitt Romney has decided to endorse ethanol subsidies. Here’s a blurb from Fox in DC. “I support the subsidy of ethanol,” Romney told an Iowa voter. “I believe ethanol is an important part of our energy solution for this country.” …Romney’s renewed […]
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The DNC’s Utterly Dishonest “Let Detroit Go Bankrupt” Video
Here’s a video just released by those wonderful folks at the Democratic National Committee. It claims that the bad Republicans were wrong about the auto bailout because the companies are still in business and have paid back the money they confiscated from taxpayers. This partisan video may be effective, but it’s wrong in very important […]
read more...Beware of Greeks Accepting Gifts
On rare occasions, I dream about being a politician or high-level international bureaucrat. Not because I want to be a moocher (please put me out of my misery if that ever happens), but because I periodically read about some sleazy interest group making petulant demands for handouts and I think about how much fun it […]
read more...All Libertarians and Conservatives Should Agree to End Federal Abortion Subsidies
Regardless of what one thinks about abortion, it is preposterous for the federal government to be subsidizing the procedure. Yet that is what happens thanks to annual subsidies of as much as $363 million for Planned Parenthood. Defenders of Planned Parenthood sometimes claim that federal money doesn’t actually pay for abortions, but that’s a silly […]
read more...Obama’s Crony Capitalism Means the Poor Subsidize the Rich
I’ve always rejected coercive redistribution, particularly when imposed by the federal government. But some types of redistribution are worse than others, and when big business and big government get in bed together, ordinary people are the ones who get screwed. This is why Obama’s supposed “move to the center” is a bunch of nonsense. Tim […]
read more...Five Lessons from Ireland
The news is going from bad to worse for Ireland.
I’ve already commented on Ireland’s woes, and opined about similar problems afflicting the rest of Europe, but the continuing deterioration of the Emerald Isle deserves further analysis so that American policy makers hopefully grasp the right lessons. Here are five things we should learn from the mess in Ireland.
read more...Killing Obama’s “Build America Bonds” Is a Big Reason to Like the Tax Deal
There are plenty of reason to like and dislike the tax deal between President Obama and congressional leaders. On the plus side, we dodge a big tax increase for the next two years. We also replace a goofy and ineffective “make work pay” tax credit with a supply-side oriented reduction in the payroll tax rate […]
read more...Why Is David Cameron Funding the Left in the UK…and Will Republicans Defund the Left in America?
Here’s a new video from the Taxpayers Alliance in the United Kingdom exposing how left-wing environmental groups get funded by government handouts.
read more...With Ethanol Handouts Up for Renewal, Will the GOP Side with Corrupt Lobbyists or Free Markets?
Tim Carney of the Washington Examiner has a great piece looking at the utterly indefensible panoply of ethanol subsidies and handouts that screw consumers and taxpayers in order to line the pockets of the politically powerful. Unfortunately, several senior GOP lawmakers have unseemly ties to the lobbyists for the industry. So this is a test, […]
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