Archives: March 2025
30 years ago
March 1995
“The new Republican-led Congress promises major changes in ‘welfare’—giveaways to the relatively destitute. But the federal government is equally adept at throwing other people’s money at those who haven’t even a surface excuse for needing it. The recent ‘Mexican bailout,’ $25 billion in U.S. loan guarantees to help keep Mexico solvent so it can eventually pay off its debt, is a good example. In essence, that move aided American banks improvident enough to toss good money after bad at the Mexican government. If the new congressional regime wants to prove that they mean an end to business-as-usual, they must cut off federal cash flow to the influential as well as the marginal. But contrary to [Labor Secretary] Robert Reich, who has taken to railing against ‘corporate welfare,’ letting corporations keep their earnings isn’t ‘welfare’; giving them other taxpayers’ money is.”
Brian Doherty
“Bad Influence”
35 years ago
March 1990
“Too many of freedom’s defenders are uncomfortable with earthbound humanity. They are afraid the stuff that dreams are made of can be had too easily at K Mart or
Article from Reason.com
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