Somewhere along the way Republicans forgot that when governments take in dollars, they’re not staring lovingly at them. Each dollar represents access to resources for politicians who will direct those resources not to their highest use, but to the most politicized ones.
Which brings us to a recent Wall Street Journal opinion piece that former House Speaker Paul Ryan co-authored with American Enterprise Institute senior fellow Kyle Pomerlau. The authors discouragingly saw fit to introduce President Trump to a globally popular industrial policy concept (as if Trump needs new ways to copy those looking up to us…), one that they claim would boost tax collections. Who needs Democrats when we have Republicans?
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