The Fourth of July holiday is a time to reflect on the courage of our Founding Fathers to pursue independence from the tyrannical British government.
We now get to spend the other 364 days dealing with the tyrannical federal government in Washington.
Over the years, the federal government has adopted many regulations meant to hinder the industry.
Since Uncle Sam has a lot of regulations in place to make the operations of domestic oil and gas companies more costly, why is the biggest beneficiary of loans from the federal government export credit agency the gigantic Mexico state-owned oil and gas company Pemex? Between 2007 and 2013, Pemex received over $7 billion in loans backed by American taxpayers to buy U.S. goods.
The farm industry is paying a steep price from the tariffs on steel because they increase the cost of farm machinery, lowering profit margins.
How should taxpayers feel about that? The administration starts a trade war that makes it harder for farmers to sell their stuff abroad, so taxpayer dollars are then used to buy those unsold goods.
Many of the farm subsidies that will make their way into the bill, such as those for sugar programs or dairy and corn subsidies, make the cost of food more expensive.
http://reason.com/archives/2018/07/05/the-governments-economic-illogic-on-disp
We now get to spend the other 364 days dealing with the tyrannical federal government in Washington.
Over the years, the federal government has adopted many regulations meant to hinder the industry.
Since Uncle Sam has a lot of regulations in place to make the operations of domestic oil and gas companies more costly, why is the biggest beneficiary of loans from the federal government export credit agency the gigantic Mexico state-owned oil and gas company Pemex? Between 2007 and 2013, Pemex received over $7 billion in loans backed by American taxpayers to buy U.S. goods.
The farm industry is paying a steep price from the tariffs on steel because they increase the cost of farm machinery, lowering profit margins.
How should taxpayers feel about that? The administration starts a trade war that makes it harder for farmers to sell their stuff abroad, so taxpayer dollars are then used to buy those unsold goods.
Many of the farm subsidies that will make their way into the bill, such as those for sugar programs or dairy and corn subsidies, make the cost of food more expensive.
http://reason.com/archives/2018/07/05/the-governments-economic-illogic-on-disp
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