Valentine’s Day Sweetheart Deals from US Congress
|February 17, 2014||Posted by Staff under Subsidies & Waste & Public Debt|
This 2014 excerpt of Weekly Wastebasket, Feb 14, is by Taxpayers for Common Sense.
Congress mandated these sweetheart deals:
- Agriculture Committee leaders jammed a trillion dollar farm bill through Congress last week that will increase taxpayer subsidies for agribusinesses coming off several years of record profits.
- Shipbuilders want to build more ships or, at the very least, they want to modernize the current ships. Congress directed the Secretary of the Navy to upgrade one of the cruisers starting immediately.
- Taxpayers across the nation spend more than $200 million each year so that a privileged few in just 117 communities can be guaranteed convenient air service. Taxpayers spend $3.9 million annually to subsidize air service from Presque Isle, Maine to Boston. Every time somebody flies from Lewistown, Montana to Billings, Montana, it costs taxpayers $1,905. A taxi for the two hour drive – at New York City taxi cab rates – would be less than $350.
- Some BLM offices let coal companies explain their low bids, and then accept them. The BLM collects lower royalty payments for coal because it doesn’t consider foreign markets, where coal is more expensive.
Such largesse is certainly not the way into any taxpayer’s heart.
Ed. Notes: Don’t you wish you could put a stop to such wasteful favors for insiders? To fix this problem, it’s not enough to criticize such subsidies in particular. Citizens must criticize the validity of subsidizing in general.
There’s never been a government that didn’t favor insiders. Indeed, that’s what government is for, to fleece the flock and feed the wolves. It’s always been that way and always will, until citizens demand a wholesale transformation of public revenue policy.
We need to make taxing and subsidizing relics of the past. Instead, our governments must recover and share society’s surplus, which is all of society’s spending for land, resources, and other natural assets that come into existence without the contribution of anyone’s labor or capital. It’s called geonomics and it would save citizens one heck of a lot of money!