Washington’s Economic Illogic Is on Display: New at Reason

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. Unfortunately, writes Veronique de Rugy, we now get to spend the other 364 days dealing with the tyrannical federal government in Washington.

You see this in our debt and increasing deficits to entitlement programs that redistribute from relatively young and poor to relatively rich and old—or in our corporate welfare programs that subsidize a handful of producers at the expense of everyone else. Or in Trump’s tariffs. You also see it in a never-ending stream of contradictory legislation and red tape at the taxpayers’ expense.

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