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from Competitive Enterprise Institute
The $3.5 trillion budget proposal that the Democratic leadership in Congress is putting together will reportedly include the world’s first carbon tariffs, which are added to goods coming from countries that do not meet certain environmental regulatory standards. The only difference from Trump-era trade policy is the green packaging. It is far from a sure thing that the carbon tariffs will be enacted; proposed budgets never get enacted in their original form, and it is still early in the process. As The New York Times reports, “Democrats released no details about their tax proposal on Wednesday. Calling it simply a ‘polluter import fee,’ the framework does not explain what would be taxed, at what rate or how much revenue it would expect to generate.” Given how the vagueness of the proposal at this point, it is possible that it was leaked in part to gauge public reaction. That reaction should be negative.
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from HumanProgress.org
Education Website
According to the Wall Street Journal, “Eating is getting costlier for Americans as the food industry faces the steepest inflation in a decade.” However, keep in mind that we don’t know if the rise in food prices is a short-term or a long-term development. Also, our sense of rising food prices may be exaggerated by the fact that some of the pandemic saw an actual food price deflation. Moreover, rising food prices are already being mitigated by wage increases, which are necessitated by the tight labor market. Finally, price rises over a short period of time, say one or two years, do not negate the long-term trends. Over the last century, food has become dramatically more affordable in the United States.
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RIGHT-CENTER BIAS, MIXED
In a speech to the nation just ahead of Bastille Day on July 14 celebrating the French Revolution, President Emmanuel Macron delivered a paradoxical blow to the Republic’s famous slogan: Liberté, égalité, fraternité. He announced a series of measures to speed up the pace of covid-19 vaccinations which undermine individual liberties and threaten a strong political and economic backlash. Already during the covid-19 pandemic, the French had to cope with some of the most severe lockdowns in the world, which curtailed both economic freedom and important civil liberties. ... Although Macron claims that vaccination is not compulsory for the general public for now, he is de facto obliging everyone who wants to live a normal life to take the shot.
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from The Spokesman-Review
Newspaper in Spokane, Washington
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Making accusations of cherry picking while serving carefully picked cherries of your own is a clear sign of bias. But while a journalist has an obligation to present all sides, a columnist can choose to either highlight issues for debate or just preach to a personal choir. Todd Myers, director of the Center for the Environment of the Washington Policy Center, recently found himself the target of a choirmaster after an op-ed he wrote pointing out how past environmental predictions don’t track with current data.
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