A months-long court battle challenging the Federal Communications Commission’s (FCC) authority to rewrite U.S. law has been brought to an end by federal judges. Unfortunately for consumers, the government courts sided with government lawyers.
In this episode of the weekly Budget & Tax News podcast, research fellow and managing editor Jesse Hathaway is joined by Scott Lincicome, an adjunct scholar with the Cato Institute and visiting lecturer at Duke University. Hathaway and Lincicome talk about how both major political parties used to believe in free-market trade, how both parties have been hijacked by cronyist anti-trade sentiment, and what conservatives can do to make American economic policy great again.
Six days ago, in Poland, the President reacted to two fatal shootings of young black men by police, one in Louisiana and another in Minnesota, by saying, “these fatal shootings are not isolated incidents.” The message was clear enough. Two days later, an African American took revenge on a police force in Texas that, the way he saw things, was part of a system of law enforcement that was murdering young black men.
The U.S. economy continues its Barack Obama Administration-long hobbled limp. President Obama will be our nations first tonever, ever have even one year of 3% or higher Gross Domestic Product (GDP) growth.
Lawmakers in Salt Lake City recently approved giving the city’s NBA team, the Utah Jazz, $22.7 million in tax revenue collected from businesses in the basketball arena’s zoning district. The subsidy will be doled out over the next 25 years. The “reimbursement,” as lawmakers on the Redevelopment Agency of Salt Lake City termed the gift, is expected to be used to help pay for the planned construction and renovation of the Vivint Arena, where the Jazz play ball.
Proponents of green energy like to point out how the costs have come down—and they have. Though renewable energy, such as wind and solar, are not expected to equal fossil fuel costs anytime in the near future and recent growth has been propped up by mandates and tax incentives. But there are other, subtler aspects of the Obama Administration’s efforts that have had negative impacts that are not felt for years after the policies are implemented. By then, it will be too late to do much about them.
In this episode of The Heartland Institute’s weekly Budget & Tax News podcast, managing editor and research fellow Jesse Hathaway talks with Mercatus Center at George Mason University’s State and Local Policy Project scholar Adam Millsap about a new study ranking each US state’s financial health, based on factors such as short- and long-term debt, fiscal obligations, unfunded pensions and entitlement spending.
John and Donny continue their exploration of think tanks in episode #42 of the In The Tank Podcast. This weekly podcast features (as always) interviews, debates, and roundtable discussions that explore the work of think tanks across the country. The show is available for download as part of the Heartland Daily Podcast every Friday. Today’s podcast features work from the Devoe L. Moore Center, the Maine Heritage Policy Center, the Mackinac Center, American’s for Tax Reform, and the Heritage Foundation.
In this episode of The Heartland Institute’s weekly Budget & Tax News podcast, managing editor and research fellow Jesse Hathaway talks with Mercatus Center at George Mason University Spending and Budget Initiative program manager Adam Michel about a new study on which he collaborated, about how the U.S. tax code is holding back the nation’s prosperity-building power, and how common-sense tax reforms could unleash the nation’s economic beast and make America great again.
Why have prices fallen so low? Because government subsidies created a glut – and the market is flooded. This government money warps and distorts the marketplace – as otherwise productively-directed time and effort is instead spent chasing the government coin. Producers produce not what the marketplace needs – but for what the government pays.
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.
It’s planting season, and farmers are taking to the fields to put food on our tables. Even though Ted Cruz has withdrawn from the presidential race, his victory in the Iowa Caucuses caused political pundits of all stripes to speculate about the future of the Renewable Fuels Standard (RFS) and the corn ethanol mandate, largely because someone, Cruz, had finally campaigned against the ethanol mandate and managed to win in Iowa. While some wonks in Washington, DC may talk about a political end for the ethanol mandate, for the nation’s farmers, the biofuel bubble has already burst.
Any comprehensive review of green energy and its politics and policies has to include the name of wealthy liberal Tom Steyer—who has been called the environmental movement’s new “Daddy Warbucks.” Having made his billions from his tenure atop Farallon Capital Management—much of it from coal projects around the world—Steyer apparently had an environmental epiphany and now wants to atone for his past sins by trying to save the planet from manmade climate change.
A recurring headline in the Age of President Barack Obama begins with things like “Obama Administration Issues New Rules…” and “Administration Targets…” and various variations on this theme. To wit:
The United States has lapsed into aristocracy, the New Class — the politically connected “enemies of promise” — standing in the way of the free market reforms that could make America the home of social mobility once again. This is among the central theses of a thought-provoking and inspiring new book from George Mason University law professor F.H. Buckley, whose The Way Back challenges us, perhaps audaciously, to pursue socialist ends through capitalist means.
A key Barack Obama Administration legacy item is its wanton abuse of the Constitution’s separation and balance of powers. No Executive Branch in history has spent more time pretending to be the Legislative Branch – writing regulations where the requisite preceding law doesn’t exist.
#36 of the In The Tank Podcast is a “Best-of” edition. It is all hands on deck to finish organizing the new Michael Parry Mazur Library before the grand opening on May 4th. This episode features clips from past podcasts, including work from R Street, the Commonwealth Foundation, and the James Madison Institute. John and Donny will be back with new content next week!
Without presenting it to the US Senate, as required by the Constitution, President Obama has signed the Paris climate treaty. He is already using it to further obligate the United States to slash its fossil fuel use, carbon dioxide emissions and economic growth … control our lives, livelihoods, living standards and liberties … and redistribute our wealth. Poor, minority and working class families will suffer most.