Showing posts with label subsidies. Show all posts
Showing posts with label subsidies. Show all posts

Will The Supreme Court Redeem Itself On ObamaCare?

by Damon Root.    ObamaCare goes back on trial. The U.S. Supreme Court agreed today to rule on the Obamacare case King v. Burwell, which asks whether the text of the Patient Protection and Affordable Care Act forbids the granting of tax credits to individuals who purchased insurance on health care exchanges operated by the federal government.  ... MORE

The 5 Most Troubling Things in Congress’ New Spending Bill

by Romina Boccia.   Yesterday evening, the House of Representatives released its stopgap spending measure which blindly continues the bloated spending in the January omnibus bill that included special-interest handouts, wasteful and unnecessary energy spending, and transportation boondoggles. Instead of debating and voting on  ... MORE

Feds Spend $450K To Help Indians With Climate Change

Taxpayers scalped, weather or not.         The Bureau of Land Management (BLM) plans to spend up to $450,000 in taxpayer dollars to teach Native American tribes in the Great Basin region ”climate adaptation plans” for their hunting, fishing and gathering activities. “Due to climate change, the natural landscapes are becoming       ... MORE

Free Market Capitalism vs. Crony Capitalism

by Richard Ebeling.       In the minds of many people around the world, including in the United States, the term “capitalism” carries the idea of unfairness, exploitation, undeserved privilege and power, and immoral profit making. What is often difficult to get people to understand is that this misplaced conception of “capitalism” has nothing to   ... MORE

John Stossel - "Crapitalism!"

The game of political power.     There's capitalism, and then there's "crapitalism" — crony capitalism. Capitalism is great because it lets entrepreneurs raise money so they can scale up and get their products and services to more people. If there is free competition, innovators with the best ideas raise the most money, and the best and cheapest  ... MORE

Peter Suderman: The Ethanol Disaster

Bad for consumers, the environment, and the poor.      Last November, when the Environment Protection Agency (EPA) proposed moderating years of escalating mandates by reducing the amount of ethanol that must be mixed into gasoline, a top ethanol lobbyist seemed perplexed. "We're all just sort of scratching our heads here     ... MORE

Thomas Sowell: The High Cost Of Liberalism - Part Three

The wrong incentives.      Income inequality has long been one of the liberals' favorite issues. So there is nothing surprising about its being pushed hard this election year. If nothing else, it is a much-needed distraction from the disasters of ObamaCare and the various IRS, Benghazi and other Obama administration scandals. Like so many other   ... MORE

James Conca: It's Final -- Corn Ethanol Is Of No Use

It's always been about subsidies, not the environment.   OK, can we please stop pretending biofuel made from corn is helping the planet and the environment? The United Nations Intergovernmental Panel on Climate Change released two of its Working Group reports at the end of last month (WGI and WGIII), and their short discussion of    ... MORE

Obama's Green-Energy Scams Leave Taxpayers In The Red

by Justin Sykes.       How we gave China a stimulus. It’s been more than five years since President Obama signed his misguided economic-stimulus package into law, creating green-energy subsidies and expanding others, but American taxpayers are still feeling its disastrous effects. This month a deal was reached between competing creditors of      ... MORE

The Dumbest Federal Policy You'll Read About Today

by A. Barton Hinkle.     It benefits special interests, hurts consumers, and harms the planet. If you are like most people, you probably spend a lot of time wondering, "What is the absolutely worst environmental policy on the planet?" And if you are like most people, you probably think it is America’s ethanol policy. So Virginia's recent decision to      ... MORE

Where Is The Outrage Over Corporate Welfare?

by David Brunori.         I recently read the February 24 Good Jobs First report, “Subsidizing the Corporate One Percent,” by Philip Mattera, a respected thought leader in our business. It says that three-quarters of all state economic development subsidies went to just 965 corporations since the beginning of the study in 1976. The Fortune 500       ... MORE

Democrats' Policies Make Income Inequality Worse

by George Will.   Someone who is determined to disbelieve something can manage to disregard an Everest of evidence for it. So Barack Obama will not temper his enthusiasm for increased equality with lucidity about the government’s role in exacerbating inequality. In the movie “Animal House,” Otter, incensed by the expulsion of his fraternity,    ... MORE