Archive for April, 2008

The Bailout Backlash

Wednesday, April 23rd, 2008 by Peter Suderman

CNN Money has a story on the backlash against the bailout which mentions FreedomWorks’ AngryRenter website and includes an interview with my colleague Adam Brandon.  A key point to make here is that bailing out homeowners through loan readjustments or no-foreclosure periods sounds like a softening measure, but the real result is to make the […]

Higher and Higher

Wednesday, April 23rd, 2008 by Peter Suderman

Shorter Ruth Marcus:

What America really needs is higher taxes. In fact, it would be totally awesome campaign strategy for a Republican to just say, “Yeah, higher taxes! We need ‘em!” Because clearly, GOP voters eat that sort of thing up.

Oil Supply

Wednesday, April 23rd, 2008 by Peter Suderman

Whether or not the U.S. should seek the long-term goal of becoming “energy independent” is an open question. But what’s germane to our current political situation is whether or not we can.  And right now, the answer is: We can’t. At World Politics Review, Peter Kiernan explains. You should read the whole thing, but here […]

Taxes on Everything

Tuesday, April 22nd, 2008 by Peter Suderman

This is silly. But I like it anyway.

Tomorrow is Tax Freedom Day; the Tax Foundation has more.

Senator John McCain defends free trade in Youngstown, Ohio

Tuesday, April 22nd, 2008 by Brendan Steinhauser

I have to say that I am impressed with Senator McCain’s boldness in talking about the benefits of free trade in Youngstown, Ohio today. It’s about time someone defended trade as a way to encourage economic growth and higher standards of living. Liberals like Hillary Clinton and Barack Obama have been pandering to voters in […]

McCain and the Free Market

Tuesday, April 22nd, 2008 by Peter Suderman

Dean Baker is technically correct to say that John McCain “doesn’t support free-market health care,” but mostly in the sense that absolutely everyone who supports, even grudgingly, leaving some of the current government health-care funding and regulatory infrastructure in place doesn’t support free-market health care. Moreover, the article he links to doesn’t even claim […]

Staying Neutral

Tuesday, April 22nd, 2008 by Peter Suderman

The Senate held a hearing on net neutrality this morning, and I’ll have more to say on the subject soon, but for now, here’s Dick Armey’s piece on the issue in this morning’s Washington Times:
The Internet is the result of significant competition, innovation and investment. As companies offer new services through the Internet, such as […]

It Ain’t Easy Being Green

Monday, April 21st, 2008 by Peter Suderman

It’s no surprise that many free-market advocates were worried by President Bush’s speech on climate change last week (see here, for starters) — I know I wasn’t thrilled with it. But maybe he was hoping to bring some liberals (or, more likely, moderates) over to his side? Well, looks like his speech, which announced a […]

Unfree Trade

Monday, April 21st, 2008 by Peter Suderman

From the FT today:
No one should forget that all countries rely on open trade to feed their populations. But we are already seeing actions at the national level, such as curbs on food exports, that have a damaging global impact. Completing the Doha round would play a critically helpful role in this regard, as it […]

Poland waits to implement the flat tax

Monday, April 21st, 2008 by Brendan Steinhauser

Polish Finance Minister Jacek Rostowski says in an interview that he supports the flat tax, but that Poland will wait until after 2009 to implement it.
The Minister told the newspaper that he is in favour of the introduction of a flat tax, but no sooner than when this is safe for the budget and for […]