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Fiscal Cliff “Fix” is a Raw Deal for Taxpayers

By James Volvo The last-minute deal to avert the so-called fiscal cliff suffers from some of  the worst ailments of Washington’s backroom deals.  Primarily, it does not  address the nation’s fiscal imbalance because it allows taxes to go up but fails  to tackle the true driver of our economic woes: runaway government  spending.  Not surprisingly, [...]

Issues

“Deal” or No Deal?

August 01, 2011 J

AFP Foundation released the following statement yesterday, in reponse to the "deal" struck on the debt ceiling issue:

"It is a tremendous victory for free market activists that, for the first time in history, the debate over raising the debt limit became a debate over cutting spending. For that, we should be heartened that our efforts are truly making a difference. But we must continue to fight, because this deal is simply inadequate to the size of the fiscal challenge our country faces.

2011 AFP Colorado Friedman Legacy Day Essay Contest Winner is Clayton Fletcher

August 01, 2011 J

Clayton Fletcher of Colorado Springs, Colorado has won the 2011 Freidman Legacy Day Colorado Essay Competition. His winning essay is below. Congratulations to Clayton.

WHY SCHOOL CHOICE IS IMPORTANT
BY: CLAYTON FLETCHER

School choice is a great thing! It is very important because it gives a student independence. A student can pick different schools or no “school” at all. They can homeschool where their parents choose what they learn. Or, a student can do online school where they learn on the computer. Then, there are private schools. There are many private schools to choose from, and many times they give a better education compared to public schools. Lastly, there is more freedom with school choice. So, a student can go to a school where they can talk about their religious freedoms and learn with kids that are like them.

Lights Out on Regulatory Restraint

July 14, 2011 J

The U.S. House earlier this week botched an opportunity to roll back one of the most outrageous regulatory overreaches of recent years, when it voted 233 to 193 to keep new federal rules that will effectively ban the incandescent light bulb, in favor of more efficient (but much more expensive) alternatives.

The new rules were rammed through in 2007 with little real discussion and with bipartisan support. George W. Bush, not too surprisingly, signed them into law. It was a major coup for radical environmentalists, who want to force Americans to lead more environmentally-correct lifestyles, even if it means limiting consumer choices, and for the Dutch lighting giant Royal Philips Electronics, which lobbied hard for mandates it is well-positioned to cash-in on (more of the back story can be found here).

We All Pay for New EPA Mandates

July 08, 2011 J

We're not sure exactly what they teach in journalism schools these days, but it's obvious that economics -- even elementary economics -- isn't required course work. Examples of economic illiteracy abound in the media, but today's Washington Post story about a deluge of new power plant regulations coming from the Obama administration’s Environmental Protection Agency features a classic example of not really understanding how the world works.

Lights, Cameras, Subsidies?

July 05, 2011 J

There’s only one thing worse than jumping on a bandwagon just because everyone else is doing it. That’s jumping on a bandwagon that has run off the road and is crumpled in a ditch.

A lot of states have been throwing tax money Hollywood’s way, with promises that film industry “incentives” will give them a starring role in more movies and television shows. They imagine the “movie tourism” this will generate. They are seduced by promises that they will become “Hollywood East,” “Hollywood North,” "Hollywood South," etc. But like most of what the film industry sells, it’s mostly just hype, fantasy and illusion.

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