The whole point of a free-enterprise system is to allow both private gains and losses so that markets don’t end up with shortages and surpluses. Subsidization leads to things like inflated home prices, and inflated markets eventually crash, wreaking havoc on the way down.
Food stamp spending is at historic highs—it has doubled twice since 2000. Now some on Capitol Hill say the House is trying to make major… Read More
As of last week, President Obama’s number one economic priority is a new farm bill. He recently stated: Number one, Congress needs to pass a… Read More
Earlier this summer, the House took an important step in separating the bloated farm bill into an agriculture-only bill and a food stamp bill, which… Read More
After trillions of dollars in welfare spending, “we’re losing the War on Poverty,” said Representative Paul Ryan (R–WI) last week. In 1964, President Lyndon B…. Read More
SocietyNews
In the kick-off to his most recent speaking tour, President Obama said the United States must “rebuild ladders of opportunity for all those Americans who… Read More
The momentum for tax reform continues to build. Adding to it is former Senator Phil Gramm (R–TX), who wrote an op-ed in The Wall Street… Read More
The House’s rejection of the food stamp/farm bill was a major victory for fiscal responsibility and limited government. Instead of adopting a fundamentally flawed $1… Read More
Across the country, states are courting participants for food stamps (now known as the Supplemental Nutrition Assistance Program, or SNAP). The U.S. Department of Agriculture… Read More
EconomyNews
It is somehow fitting President Obama released his budget for Fiscal Year 2014 after Easter, a mere 65 days late—but who’s counting? Fitting because going… Read More
