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Veronique de Rugy
TRANSPORTATION: August 4, 2022
Sens. Elizabeth Warren, D-Mass., and Alex Padilla, D-Calif., recently asked the Department of Transportation to fine airlines for delays and cancellations and prevent airline consolidation. The widespread delays and cancellations are indeed annoying, but the senators’ demands won’t help any more than...
CHINA: July 28, 2022
Industrial policy is making a comeback. For those of you under the age of 50, this is just another term for corporate welfare -- a lovely name for the unlovely practice of a government granting subsidies, protective tariffs and other privileges to politically influential industries or companies. It’s often done in the...
TECHNOLOGY: July 21, 2022
Always beware of the name given to a piece of legislation. It rarely describes accurately the likely impact of enacting a bill. In fact, statutes often do the opposite of what their names suggest. Take Sen. Amy Klobuchar’s, D-Minn., proposed legislation named the American Innovation and Choice Online Act. While...
TAXES: July 14, 2022
Implementing a global tax cartel is hard. This lesson is being learned by the bureaucrats who dreamt up an effort to prevent businesses from taking advantage of the fact that some countries impose lower taxes than do other countries. A year after 130 jurisdictions agreed in principle to institute a global minimum tax rate of...
ECONOMY: July 7, 2022
The go-to policy for dealing with nearly every modern problem is more government spending. So it was just a matter of time before Democrats tried to revive the failed “Build Back Better” (BBB) program to address today’s economic troubles. Of course, if they succeed, the result will be much the same as what...
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