I’ve been in Washington over 30 years, but sometimes even I can be stunned by the short memories and shortsightedness of members of the Fourth Estate. Today’s example is the editorial board of the venerable (and usually pretty sane) Wall Street Journal.
Category:
Investing
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Congress should repeal the IRA and the pre‐IRA energy credits. As a whole, these tax credits are a highly inefficient and expensive system of subsidizing energy from some politically popular low greenhouse gas emitting sources
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Investing
New Oversight Board Decision Raises New Opportunities, and Concerns on Norms of Free Expression Online
by adminIf we want to better tackle hate speech and protect minorities, we must not reflexively reach for the tools of suppression. In this case, merely silencing Zemmour will not defeat the ideas that animate him and many others. -
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State governors have been given the power to nominate as few as three options for membership on a federal rulemaking body. But the Constitution does not allow state officials to wield such power.
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A report by the Federal Trade Commission identified most of the policy‐related impediments that we identified as exacerbating the infant formula crisis of 2022. Notably absent from the report, however, is any mention of how highly restrictive U.S. trade policies also contributed.
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In Washington today, the unfortunate consensus among many politicians and pundits is that trade and globalization have been an unmitigated disaster for America and the working class, regardless of the actual facts. It’s good to see that White House economists aren’t buying into this new consensus, though it’d of course be even better if their views were more reflected in U.S. policy too.
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