The missed payment, due on May 1, was just another scene in the slow-motion train wreck that has been termed “Puerto Rico’s economic crisis,” but to call the territory’s status a “crisis” understates the severity of the problem. Over 12 percent of the workforce in Puerto Rico is unemployed, and one out of every four employed Puerto Ricans works for the government, instead of contributing to the territory’s economy.
Despite claims of helping low-income earners access the Internet, and thereby joining the digital economic revolution, taxpayer-funded Internet infrastructure projects have a long and expensive history of failing to achieve their stated goals, even though government Internet services enjoy advantages over private businesses.
North Carolina lawmakers recently backed away from a proposed bill that would have reformed the state’s occupational licensing laws. In testimony given before the state legislature’s Joint Legislative Administrative Procedure Oversight Committee, lobbyists convinced lawmakers to ditch plans to eliminate government licensing requirements for a dozen occupations and consolidate government licensing boards. The lobbyists argued removing government restrictions on occupations such as acupuncturists and athletic trainers would have endangered consumers’ health.
In this episode of the Heartland Institute’s weekly Budget & Tax News podcast, managing editor and research fellow Jesse Hathaway talks with the newest addition to the Heartland Institute family, Center for School Transformation research fellow Teresa Mull, about how economic freedom and educational freedom are similar, sharing the goal of empowering consumers to make the choices that are right for them, instead of the choices government makes for people.
In today’s Health Care News Podcast, Brian Blase, senior research fellow at the Mercatus Center at George Mason University, joined Health Care News Managing Editor Michael Hamilton to discuss the disparity between promises many Americans were told the Affordable Care Act (ACA) would fulfill, and the stunning reality three years into the ACA’s implementation and six years after President Barack Obama signed the ACA into law.
In this edition of The Heartland Daily Podcast, Research Fellow and Health Care News Managing Editor Michael Hamilton interviews Sally Pipes, executive director and CEO of the Pacific Research Institute about her plan to repeal and replace the Affordable Care Act (ACA).
After months of delays, the office of New York City mayor Bill de Blasio released a long-awaited “impact study” examining the effect of Uber — a popular “peer-to-peer economy” business connecting drivers and riders — on the city’s traffic-flow patterns.
With great fanfare, Federal Communications Commission Chairman Thomas Wheeler is calling for sweeping changes to the way cable television set-top boxes work. In an essay published Jan. 27 by Re/Code, Wheeler began by citing the high prices consumers pay for set-top box rentals and bemoaning the fact that alternatives are not easily available.
In this episode of The Heartland Daily Podcast, managing editor Jesse Hathaway talks with Manhattan Institute research fellow Jared Meyer about a recent study commissioned by New York City Mayor Bill DeBlasio on the impact of Uber and other peer-to-peer transportation network companies on the city’s ever-present traffic congestion.
One thing at which the Left is very good is naming things – so as to hide and obfuscate what these things actually do. Because if they admitted what these things actually do – they would poll…well, right where Congress is polling.
Like it or not, lawmakers’ decisions have a large effect on our everyday lives. From increasing the cost of a car people need to take their children to soccer practice or go to work, to restricting job opportunities using occupational licensing rules (which reduce the supply of providers and raises prices), lawmakers’ actions have a serious and quantifiable effect on how much Americans pay for the things they need and want.
The decades-old legislation that prevented American producers from exporting oil is officially overturned—despite previous presidential threats to veto a bill to lift the oil export ban. That’s good policy. However, to get the support of “reluctant Democrats,” The Economist reports: “an additional five years of tax credits for wind and solar power” was part of the package. That’s bad energy policy.
Thanksgiving is nearly upon us, and many of us will spend time with our families eating too much food and strategically waiting for couch spots to open up so we can sneak in a quick catnap when our unsuspecting relatives abandon their posts for another slice of pie. It’s a time when we are thankful for the friends, family, and food. We should also be thankful for fracking. Although many people may not know it, fracking has lowered the cost of energy and other goods and services, makes America more energy-independent, and it is done in an environmentally responsible way.
You know there are big problems with the so called “principle” of net neutrality when the New York Times writes an editorial headlined “Why Free Can Be a Problem on the Internet” and their editorial has nothing to do with protecting consumers’ privacy/safety or protecting content from piracy, but it is only about the potential problem of consumers enjoying free Internet content for marketing purposes!
One of the more important hearings for the future of broadband took place last week in the House of Representatives Energy and Commerce Committee. The Committee gathered to discuss “Breaking Down Barriers to Broadband Infrastructure Deployment.”
Hillary Clinton is going to be the Democrat presidential nominee. (Sorry, Bernie Sanders fans. You too, Martin O’Malley fans – both of you.) Unless – and likely even if – she is indicted for her latest foray into self-defined ethics. She has in her past more than a quarter century of…questionable statements, decisions and actions – so it would appear nothing else in this vein will matter to the Democrat rank and file.
The world has changed. Although few yet understand it, the revolution in the production of oil and natural gas from shale has altered the course of global energy, affecting most of the world’s people. This is not a short-term event. Citizens, industries and nations will be impacted for decades to come.
Lawmakers in Congress introduced a plan to apply sales taxes to Internet purchases, hoping this time they’ve ironed out the problems that scuttled previous attempts. They haven’t, and this attempt at grabbing e-commerce tax revenue has the same flaws as previous attempts.