Tag: Government subsidies
Rushing Toward the Fiscal Cliff
Last week President Biden signed the $1.9 trillion COVID relief bill, which among other things will provide direct payments of $1,400 to many Americans, and extend a financial supplement to unemployment payments. It’s difficult to comprehend numbers as big as $1.9 trillion, but here are some ways to think about it. The US population...
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COVID-19 Policy: Yet Another Intergenerational Transfer
There is still a lot we don’t know about the COVID-19 pandemic, but one thing we do know is that those most at risk of death are the elderly and people with other underlying health problems. While there is a small risk of death for people who are healthy and young, most healthy young...
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Financially Troubled Amtrak Is Taking Taxpayers for a Ride
Last November, several news outlets reported that Amtrak, the nation’s heavily subsidized passenger rail service, was on track to break even for the first time in the company’s history. After nearly 50 continuous years of operating in the red, covering all its history, 2020 may become its first year in the black:
Alexis de Tocqueville on “Democratic” Socialism
Almost two centuries ago Tocqueville observed that the “political world is metamorphosed [and] new remedies must henceforth be sought for new disorders.”
Amazon in New York? I’m with AOC
Make up all the justifications you want, but the deal was just another example of crony capitalism.
The E15 Mandate Is Poor Environmental Policy
E15 may buy votes in Iowa but does so at a serious cost.
Trump’s Ethanol Plans Double Down on Bad Environmental Policy
If ethanol truly were a good substitute for gasoline, no mandate would be necessary.
Government-Pushed Ethanol Harms People, Environment
Unintended consequences abound when playing favorites with special interests.
Time to Stop Taxpayer Funding for Sports Stadiums
Reviewing the exploitive policy from a bottom-line perspective.
California Parents Need Educational Choices, Not Court Battles
Expanding education options through education savings accounts would help students and taxpayers alike.
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