Every family, business owner, and taxpayer in Pennsylvania should be able to increase their financial security without undue interference from our state government. Free-market policies that limit taxes, allow entrepreneurs to innovate and create jobs, and offer stability to families will put our state on track to become a national leader. Policies that enact spending limits, cut taxes, and reduce regulations will help Pennsylvania avoid debt and restore sound fiscal planning that will benefit citizens in the years to come.

Taxes & Economy

Bailouts cost more than WWII, 10 times cost of New Deal

  • Nathan Benefield
  • November 25, 2008

A friend passed along this blog post looking at the cost of recent bailouts compared to the inflation-adjusted cost of other major government expenditures: If we add in…

Media

Read More: Bailouts cost more than WWII, 10 times cost of New Deal

Taxes & Economy

Why Permanent Tax Cuts Are the Best Stimulus

  • Nathan Benefield
  • November 25, 2008

John B. Taylor has an article in today’s Wall Street Journal concluding that – and this will shock Governor Rendell and the state treasurer – government spending is…

Media

Read More: Why Permanent Tax Cuts Are the Best Stimulus

Regulation

Why government spending is no economic stimulus

  • Nathan Benefield
  • November 24, 2008

In my commentary today, I tackle the idea of “economic development” spending as a stimulus for economic growth, and contrast that with lower taxes. More detailed analysis of…

Media

Read More: Why government spending is no economic stimulus

Taxes & Economy

Don’t know much about history? (or economics)?

  • Nathan Benefield
  • November 24, 2008

The Intercollegiate Studies Institute released their latest report on Americans’ civic literacy (HT to Center for College Affordability). The results are not good. Click here to take…

Media

Read More: Don’t know much about history? (or economics)?

Government Accountability

Cut Legislature First

  • Nathan Benefield
  • November 24, 2008

The Philadelphia Inquirer editorializes that the first item to be cut from the budget should be the legislature’s budget, noting this is the source of funding for bonuses, no-work…

Media

Read More: Cut Legislature First

Regulation

Government Can’t Cure Our Economic Woes

  • Nathan Benefield
  • November 23, 2008

Pennsylvania is facing a deep shortfall in revenue which, through October, stands at $565 million. Putting this in perspective, the shortfall in 2002-03—which led to increases in the state…

Commentary

Read More: Government Can’t Cure Our Economic Woes

Taxes & Economy

Small Businesses in the Pennsylvania Economy

  • Nathan Benefield
  • November 21, 2008

The Small Business Administration has published their latest profiles of small businesses in the US and each of the 50 states. Some of the data is a bid old…

Media

Read More: Small Businesses in the Pennsylvania Economy

Regulation

The Boscov’s Bailout

  • Nathan Benefield
  • November 21, 2008

I am quoted in Brad Vasoli’s Evening Bulletin article on the Boscov’s Bailout (related stories in the Times-Tribune and the Citizen’s Voice). Let me expound upon my…

Media

Read More: The Boscov’s Bailout

State Budget

Budget shortfall, but money (and giant checks) for pork is plentiful

  • Nathan Benefield
  • November 20, 2008

Even though Pennsylvania is facing a massive budget shortfall, don’t expect Governor Rendell to stop touring the state handing out taxpayer funds. Yesterday, he announced $44 million in “investments”…

Media

Read More: Budget shortfall, but money (and giant checks) for pork is plentiful

Taxes & Economy

Latest on automakers bailout

  • Nathan Benefield
  • November 19, 2008

The Center for Fiscal Accountability has a letter opposing a bailout of automakers, joining NTU, which sent out their own letter. Alan Reynolds poses the question of…

Media

Read More: Latest on automakers bailout

Regulation

States Don’t Need a Bailout

  • Nathan Benefield
  • November 19, 2008

Steven Malanga of the Manhattan Institute has an excellent editorial in the Wall Street Journal covering all the major topics of why states overspend – creating or…

Media

Read More: States Don’t Need a Bailout

Taxes & Economy

Do you support limited government?

  • Nathan Benefield
  • November 18, 2008

Jay P. Greene explains why anyone who believes in limited government and free markets should support the Commonwealth Foundation. Not directly, of course, but his conclusion is that…

Media

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Taxes & Economy

Don’t bail out out our state!

  • Nathan Benefield
  • November 18, 2008

The Commonwealth Foundation has joined with 58 other groups (led by the NTU) sending a letter to Congress on why a bailout of state and local governments…

Media

Read More: Don’t bail out out our state!

Regulation

Pittsburgh Faces Billions in Unfunded Retiree Benefits

  • Elizabeth Stelle
  • November 18, 2008

The Allegheny Institute has released a report on the mounting costs of OPEB or the public sector retiree benefits for Pittsburgh and Allegheny County employees. Previously…

Media

Read More: Pittsburgh Faces Billions in Unfunded Retiree Benefits

Regulation

How far will smoking bans go?

  • Nathan Benefield
  • November 17, 2008

A new ReasonTV video, Just Can’t Quit, looks at government’s addiction to smoking bans. California became the first state to ban smoking in bars a decade…

Media

Read More: How far will smoking bans go?

Taxes & Economy

No UAW Bailout

  • Nathan Benefield
  • November 17, 2008

IBD Editorials writes that a bailout of the automakers is a misguided idea, aimed only at protecting their current union contracts (which are largely to blame for their…

Media

Read More: No UAW Bailout

Taxes & Economy

Bush defends Free Market (and Big Government)

  • Nathan Benefield
  • November 17, 2008

In a speech to the Manhattan Institute, President Bush defends the free market.  Let me parse what I consider to be the key paragraph: History has…

Media

Read More: Bush defends Free Market (and Big Government)

Taxes & Economy

New Power Lines Reduce Electricity Rates

  • Elizabeth Stelle
  • November 17, 2008

The PUC recently approved a small portion (1.5 miles) of the Trans-Allegheny Interstate Line, Allegheny Energy is responsible for constructing 37.2 miles of the controversial 240 mile transmission line.

Media

Read More: New Power Lines Reduce Electricity Rates

Taxes & Economy

Trashing Friedman’s Economics

  • Nathan Benefield
  • November 16, 2008

Crain's Chicago Business speculates that “failure of the free market” and “deregulation” will harm the reputation of the University of Chicago's School of Economics and of any influenced by…

Media

Read More: Trashing Friedman’s Economics

Taxes & Economy

RINO Season Is Now Open

  • Nathan Benefield
  • November 14, 2008

Ted Nugent declares “RINOs” fair game in a poignant piece on Human Events There are really only four things I have a strong aversion to: unloaded guns,…

Media

Read More: RINO Season Is Now Open

Public Union Democracy

Which Obama Will Be President?

  • Matthew Brouillette, Nathan Benefield
  • November 13, 2008

Will an Obama presidency bring a lurch to the political Left in America?  This is of great concern for those of us who believe that our prosperity and security do…

Commentary

Read More: Which Obama Will Be President?