If Canadian provinces (or US states) implement a regional carbon tax, they shouldn’t fool themselves that they are “doing the right thing.” Households and businesses will suffer from higher energy prices and slower economic growth, with very little to show for it.
Trump's high-tax trade policies have been a disaster for agriculture in the United States, marked by rising suicide among farmers, and declining incomes for farming households.
The benefits of free trade extend far beyond mere monetary gain. Free trade builds community, makes family life more affordable, and reinforces the importance of peace.
It turns out that workforce participation drops off significantly once it becomes possible to live off a government pension instead. Thus, pension policies have placed an enormous burden on those who still have to work.
MMT boils down to government using its monopoly over money to dictate and control production, obliterate free markets, suppress private enterprise, and impoverish the people.
The Green New Deal blames cattle for creating too many greenhouse emissions. Presumably, the solution lies in allowing the federal government to dictate the number of cows allowed on farms and ranches. This wouldn't be the first time we've seen such a scheme.
Governments take on a variety of responsibilities as a justification for greatly expanding powers — claiming these powers are necessary to fulfill these new responsibilities.
Usually, in the marketplace, the billionaire gets his billions when he provides a service that enormous numbers of people are willing to voluntarily pay money for.
