Budget, Taxation & Economy
Another Failed Corporate Welfare Handout
On the same day one corporate welfare deal announces its failure, another new one takes its place.
Credit Suisse Group AG
Swiss multinational banking institution
Energy
Costs Are Up 57% on Already Super Expensive Offshore Wind Projects
When government decides to buy something, cost increases are sure to follow. One reason is that people are generally less cost-conscious when they’re spending other people’s money. Government decision-makers are…
Budget, Taxation & Economy
Cooper’s Corporate Tax Hypocrisy
Roy Cooper, the candidate, boldly declared: “Corporate giveaways and tax cuts for the wealthiest come at a high cost for middle-class families.” Indeed, railing against corporate tax breaks and giveaways has…
Research Brief
Budget, Taxation & Economy
Hollywood Uses Film Incentive Fiction to Dictate Public Policy
Have you ever seen the movie “Dave”? It’s a warm-hearted little comedy from 1993 about a man (Dave, played by Kevin Kline) who runs a temporary employment agency and has…
Liberty
Learning lessons from … Mexico?
Those who favor stimulus packages as a tool to boost the American economy might want to take a trip south of the border. Brendan Case and Jessica Brice of Bloomberg…
Budget, Taxation & Economy
No lament for Swiss banking shenanigans
Thomas Donlan explains in his latest editorial commentary for Barron’s why he cries no tears for Credit Suisse, which filed a recent guilty plea to one felony count of conspiring…
Energy
CWIP: Corporate Welfare in Progress
Well, that isn’t exactly what CWIP stands for (it’s “Construction Work in Progress”), but in a sense it’s what CWIP is. North Carolina has had CWIP on the books since…
Liberty
More Scary Stuff
Wrote Motley Fool Morgan Housel: According to Credit Suisse, 97% of S&P 500 companies with pension plans are underfunded. The Congressional Budget Office wrote in 2011 that, “By any measure,…
Liberty
Higher energy prices for nothing: Resistance is futile?
View in your browser. Corporate welfare for energy, whether it’s for renewables (nationally or statewide, directly or indirectly through "crucifixion") or nuclear, is at such a high pitch that choiceless…
Liberty
Barron’s ‘Economic Beat’ writer probes meager jobs gains
Gene Epstein‘s latest Barron’s column offers some bad news to those who would like to tout the president’s economic record. Friday morning — the very morning after President Obama portrayed…
Liberty
North Carolina ratepayers can’t afford corporate welfare going nuclear
View in your browser. The scuttlebutt is that the General Assembly could see a proposal to allow utilities to hike electricity rates automatically in order for them to recover the…
Liberty
Reality setting in
NYT reports on the falling market fore renewable energy: (A)fter years of rapid growth, the sudden headwinds facing renewables point to slowing momentum and greater dependence on government subsidies, mandates…