How tariffs make us poorer: chicken and truck edition
The tariffs governments impose on imported goods are really taxes on consumers. That’s never how they are sold to the public of course. In that telling, tariffs are to protect…
What’s holding back America’s domestic energy producers
A recurring question about how to fight rising gas prices is why on earth America’s shale oil producers aren’t working at top speed to meet demand. As Paul Tice writes…
GAO report looks at emerging issues confronting U.S.
The Government Accountability Office has issued a new report looking at a dozen issues and trends that could affect the nation in the next four years. Among the topics: how…
Tax holidays, even for gasoline, are bad public policy
Many states stage what they call “tax holidays” in which they temporarily stop collecting a certain tax – usually a sales tax – and pass on the “savings” to residents….
The FDA is about to get a lesson in how prohibition fails
The FDA is quickly getting back to normal now that it appears the worst of the coronavirus waves have passed. And by getting back to normal, we mean plunging headlong…
Blaming all the wrong things for inflation’s rise
The Biden administration’s search for an inflation scapegoat has taken a number of turns as the data have continued to worsen. The most recent inflationary cause: Vladimir Putin, who is…
Green lobby wants banks to defund natural gas export terminals
Gas prices are rising. The world is in a global energy supply shock, and our allies are looking for new sources of natural gas to wean themselves of Putin’s pipelines….
Inflation could become a long-term problem
Even as the Federal Reserve begins its long overdue effort to raise interests rates and attempt to get inflation under control, one former central banker, Charles Goodhart, says the inflation…
Ohio tax collectors go after broadcast sports
State and local tax officials are notorious for chasing after every dime of what their perceive to be their rightful take from someone else’s activity. Pro athletes are easy targets,…
Earmarks roar back to life in spending bill
Congress recently approved a catch-all, $1.5 trillion spending bill that, for the first time in years, includes earmarks. And not just a few. According to reporting in The Hill, there…