The Electric Commentary

Monday, June 28, 2004

Why I can't vote Republican...

Stephen Spruiell has an interesting article about what was supposed to be a free trade bill but turned in to a multimillion dollar corporate welfare giveaway. This included a subsidy and/or tax break to the rum industry and the tobacco industry. The good bits:

Congress, spending like a drunken sailor for the last four years, has finally come right out and subsidized rum and whaling. Fine. But if Bush allows them to dole out yet more farm subsidies, take a step backward on tax reform, and create a large distortion in the economy, he might see what's left of his credibility with fiscal conservatives sail over the horizon.

Read the whole thing.

Rum and tobacco? What exactly are they doing in the capitol all day?

(Via Andrew Sullivan, who has several good posts today.)

2 Comments:

  • "The Bush administration provided no leadership as Congress loaded the bill with tax credits like the following:

    $169 million for Puerto Rican rum
    $9 million for archery products
    $35 million for fishing-tackle boxes
    The elimination of taxes on whaling

    Like every American, I enjoy getting drunk and going fishing for whales with my bow and arrows."

    By Blogger DannyNoonan, at 2:23 PM  

  • That was a good one too, but I didn't want to quote the whole thing, and I like the drunken sailor thing too. In retrospect, I should have included more pirate references. Arrrh!

    By Blogger PaulNoonan, at 2:28 PM  

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