From: David McIntosh, President | Club for Growth 2/6/16
There are key economic policy issues that have not received
the kind of attention they deserve during the presidential campaign. The Club
for Growth, through its White Paper series, has led the way in addressing the
candidates’ positions on taxes, spending, trade, and entitlement reform. But,
in many of the GOP debates, economic policy questions have been few and far
between.
With two notable exceptions: ethanol and eminent domain.
Coming out of Iowa there was a lot of discussion about
ethanol, and the federal government’s mandate that requires a blend of corn
ethanol in gasoline. The Club for Growth opposes this mandate, known as the
Renewable Fuel Standard (RFS), because it is a blatant example of the
government picking winners and losers, and forcing Americans to buy a
particular product, rather than leaving that product subject to the free
market.
Iowa’s Governor made the RFS a central focus of the
Republican presidential campaign, going so far as to take the rare step of
urging voters to reject Senator Ted Cruz because he called for a phase out of
the RFS.
In Iowa newspapers I weighed in on behalf of the Club,
urging an end to market-distorting subsidies and mandates. And, if the outcome
of the Iowa Caucus is a signal, voters in the Hawkeye State may be ready and
willing to let go of this government perk.
Turning to New Hampshire, voters may not be as concerned
about ethanol, but they do care about eminent domain. Under the Fifth Amendment
to the Constitution, government has some allowance to take private property,
but only “for public use” and with “just compensation.”
Unfortunately, the boundaries of “public use” have been
torched, pushing far beyond the need for roads or bridges, to include private
developers who claim they can replace people’s homes and businesses with a
development that will generate even greater tax revenue. They simply need local
officials to condemn the private property, sometimes for rock bottom prices,
and turn them over to the developer. It’s a clear abuse of eminent domain and
private property rights.
The Club has long argued against efforts by developers to
get bargain basement deals on people’s homes and businesses for projects that largely
benefit the developers.
Source: Club for Growth email
Comments
I agree with Club for Growth on these two issues, but I
still support Trump. These are issues
Congress can deal with on their own.
Excessive immigration is the root cause of US citizen real unemployment
and Trump is able to kill “political correctness” on the spot, like Roundup.
Norb Leahy, Dunwoody GA Tea Party Leader
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