The new Congress hasn't even been elected yet, but it's already under pressure to add billions of dollars in new government spending to pay for "infrastructure." According to New York Times columnist Paul Krugman, for example, "We have huge infrastructure needs, especially in water and transportation, and the federal government can borrow incredibly cheaply…. So borrowing to build roads, repair sewers and more seems like a no-brainer." In response, Ira Stoll offers nine reasons why a burst of federal borrowing or taxing to pay for roads, bridges, sewers, and airport terminals would be a disastrous idea.
President Donald Trump and Gov. Scott Walker promised thousands of jobs in return for billions of dollars in subsidies from the state. More than two years later, there's little to show for it.
Trump’s lawyer was caught on camera in a hotel room...tucking in his shirt.
Plus: White House responds about missing migrant parents, Florida's failing foster care system, and more...
When a coronavirus vaccine is ready, it will be distributed through normal civilian supply chains to your doctor's office and local pharmacy.
"Who in their right mind could do that?"