Stockman provides exhaustive documentation for his argument, but the most persuasive evidence is the stock market itself: today the S&P 500 is twenty times more valuable than it was in 1980, while real wages have barely budged.
When government officials use tax dollars to pick winners and losers, too often it’s the taxpayers left holding the bag, such as with KiOR.
PERS and the state’s budgetary issues are two main reasons for the downgrade.
Kelley Williams, Chair Bigger Pie Forum, July 9, 2016 President Obama’s model for “Clean Coal” has gone awry according to the New York Times. That’s Mississippi Power’s Kemper County Lignite Plant. We’ve been writing about this boondoggle for years. The NYT weighed in this week with a two page spread. Bigger Pie provided some information […]
Repost from April 30, 2014… Once upon a midnight dreary, came a crony to our door, Hands out reaching, reaching – reaching for our treasure store, Tapping, tapping, a crony rapping at our treasure’s door, And the word there spoken was the whispered word, Kior, The Crony Once upon a midnight dreary, came a […]
A GOP willing to battle crony capitalism can remain the party of choice for pro-business conservatives. Republicans will still be the party willing to protect business from over-regulation, high taxes, etc. JUNE 28, 2014 — PAUL MIRENGOFF | www.powerlineblog.com Yesterday, I discussed a new study by the Pew Research Center. It identifies two main groups of Republicans — […]
Getting traction to reduce cronyism waste will be far more difficult than changing welfare related wastes. For change on a significant scale, requires change of both in concert. By Neil Irwin | June 19, 2014 | NYTimes.com | The Upshot If there’s one thing that populists on the left and right can agree upon, it […]