Downsizing Blog
Marching to a Federal Debt Crisis
My new op-ed at The Hill discusses the disastrous rise in federal government debt as profligacy dominates both parties in Washington.
Boston’s Rail System: Another Government Failure
The federal government spends $14 billion a year on subsidies for local rail and bus transit.
Reforming Passenger Rail
The United States is more socialistic than other advanced economies in numerous ways. Federal and state governments attempt to run businesses that have been privatized in other countries, such as electric utilities, airports, air traffic control, postal services, and passenger rail.
Republicans Turn Progressive
Rather than supporting land privatization, Republicans today are embracing the opposite.
State and Local Tax Differences
Americans are moving from higher-tax states to lower-tax states.
Federal Job Training: Boondoggle Since the 1930s
Many studies over the years have found that federal job training programs create few discernable benefits to the economy.
Federal Subsidies Micromanage Local Activities
The federal government spends more than $700 billion a year on 1,386 subsidy programs for state and local activities such schools, transit, and housing.
Costs Skyrocket for NASA Launch System
The federal government is enormously inefficient. Agencies have little incentive to control costs or improve quality, and Congress does little serious oversight.
Opportunity Zones: Big Win for Landowners
Opportunity Zones have divided our cities and towns into winner and loser zones, while encouraging political corruption.
Postal Banking Not Serious
A century-old public utility model is not the best way to address America’s two-tiered consumer financial system; competition and regulatory reform is.