'Bidenomics' Is Failing Everyday Americans
The big spending has fueled higher inflation, resulted in larger-than-projected deficits, and contributed to a record level of debt.
The big spending has fueled higher inflation, resulted in larger-than-projected deficits, and contributed to a record level of debt.
The country's current struggles show the problems of the Beijing way—and make the case for freedom.
"It's just a very classic case of everything wrong with Washington."
The company blames much of its problems on the Teamsters trucking union's "intransigence," while the Teamsters say Yellow is delinquent on benefit payments.
New legislation would intervene in the credit card market to help businesses like Target and Walmart, who don't like the fees they have to pay to accept credit card payments.
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It's a familiar program. And it will result in higher prices, slower growth, and fewer jobs.
In exchange for $1 billion, the state expected 5,000 jobs and 1,000 installations a week. Instead, it reported 1,700 jobs, most of them Tesla data analysts, and 21 installations per week.
Lordstown Motors received $24.5 million to operate an Ohio factory. G.M., the factory's previous owner, received $60 million before shuttering it.
City Councilmember Curren Price is indicted for steering favors to affordable housing developers who were bribing his wife.
Contradicting a new report funded by entertainment industry advocates, state auditors have cast significant doubts on the tax credit program's actual effectiveness.
Carmakers don't need a crony-capitalist slush fund.
The ideology champions the same tired policies that big government types predictably propose whenever they see something they don't like.
In a new report, the Center for Economic Accountability analyzed economic development data from all 50 states and the District of Columbia, and there's very little to show for billions in annual spending.
Taxpayers are on the hook for $1.26 billion for a new stadium in Nashville.
In 2021, the state of Georgia made an expensive bet on an unproven company that could be headed for financial catastrophe.
The state promised Ford nearly $900 million in incentives, including new and upgraded roads. But it chose to run that new road through a number of black-owned farms.
Volkswagen unveiled a cheap new electric concept car, but protectionist policies mean it's not worthwhile for the company to introduce it in the U.S.
Under the Kelo v. New London Supreme Court decision, a state can take private land to give to a private developer for almost any reason it wants.
Big corporations and entire industries constantly use their connections in Congress to get favors, no matter which party is in power.
Politicians say they want to subsidize various industries, but they sabotage themselves by weighing the policies down with rules that have nothing to do with the plans.
Election betting markets are often more reliable than pundits. Did the site steal user funds? No. Did they lie to people? No. Harm anyone? No.
The factory may have been a bad deal for Virginia, but tying the decision to Chinese aggression is the wrong move.
Shipping industry insiders floated a recommendation to charge critics of the Jones Act with treason, according to documents obtained through a Freedom of Information Act request.
Political criticism of Southwest's mass flight cancelations mask a cronyist relationship between government and the passenger airline industry.
Rivian, an electric truck manufacturer that hopes to compete with Tesla, received a lucrative deal to build a new factory in Georgia despite concerns about its finances.
Fixing federal permitting rules and easing immigration policies would help companies like the Taiwan Semiconductor Manufacturing Company, which are interested in building more plants in America.
With government meddling, many farmers end up doing less with more, and people end up paying more for less.
The free market allows people to cooperate, fix errors, and adapt to changing circumstances.
There’s nothing patriotic about a law lining the pockets of cargo companies at the expense of consumers.
Honda, one of the world's largest automakers, announced it would spend $4 billion building and upgrading factories in Ohio. The state is showering it with public funds anyway.
Businesses are all in favor of competition, tax cuts, and deregulation only until they aren't—meaning only until subsidies might benefit them.
The current franchise dealership model does not benefit consumers. It also may not benefit dealerships.
How the former NFL quarterback convinced Mississippi to spend its public assistance money on a volleyball facility.
From student debt cancellation to green subsidies, the White House is giving handouts paid for by hardworking lower-wage Americans.
From cronyist subsidies to an unfair tax code, there are several key fixes Congress could make to better serve the public.
Even Democrats are criticizing the bill's unrealistic expectations.
If you believe that moving most of our chip production onshore is good for national security, you should labor for regulatory reforms rather than subsidies.
Atlanta, Sioux Center, and too many other cities and towns are still treating food trucks like second-class businesses.
North Carolina wins "America's Top State for Business" by picking winners and losers.
Another example of the infuriating cronyism behind CON regulations, which won't apply to a well-established hospital in Charleston that's looking to move.
The president's argument is amazing for its tone-deafness, inconsistent thinking, and sheer economic ignorance.
The state has 1,288 independent special districts. But we aren't hearing significant GOP complaints about anyone's but Disney's.
The bank's new domestic financing program is a poorly defined, unnecessary exercise that will throw taxpayer money at projects the private capital markets have deemed too risky.
Those who demand a revival of antitrust regulation to "promote competition" may not realize that they're inciting a revival of cronyism to suppress competition.
Virginia is moving on without the Democratic duo.
Musk's finally ready to admit that government subsidies distort markets and that government actors are terrible at capital allocation.
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