Sunday, March 18, 2012

Never-Ending Subsidies

George Will, Boston Herald
Sallie James was born in Australia on July 4, 1976, which suggests that Providence planned what happened 30 years later: She moved to Washington. She studies trade policy at the libertarian Cato Institute and her report “Time to X Out the Ex-Im Bank” illustrates how corporate welfare metastasizes as government tries to rectify the inevitable inequities of its constantly multiplying favoritisms. And while picking American winners, the Export-Import Bank creates American losers. 

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