Policy

Reforming Anti-Urban Bias in Transportation Spending

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State governments have to stop treating transportation like yet another welfare program.

Among urban and rural areas, who subsidizes whom?

It's methodologically difficult to measure net taxation, but the studies that have been done suggest that, contrary to the belief of some, urban areas are big time net tax donors. For example, a recent Indiana Fiscal Policy Institute study found that Indiana's urban and suburban counties generally subsidize rural ones.  read more »

Memo To Obama: Banks Are Beautiful

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In his search for what Theodore Roosevelt called “a good, safe menace,” President Barack Obama has settled on the nation’s largest commercial banks, which as late as last year’s bailouts were still considered the best hope for economic salvation.

At first Obama was content to rail about the filthy lucre of banker bonuses. Then he got the idea of maybe hitting the bonus babies with special taxes. But the reason that the Secretary of the Treasury is often the former chairman of Goldman Sachs is because the bank is one of the instruments that keeps the government afloat.  read more »

Connecting Facts to Forecast 2010

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Anyone can figure out the State of the Union by taking a good look around. I mean, I was born in the afternoon – but not yesterday afternoon – I don’t need four days of press coverage and a long speech by the President to tell me that Americans are suffering.

This time of year, though, everyone is looking for some hint of what is to come. Even the most rational among us are tempted to seek out some prediction of the future. Economists often rate high on the list of seers sought out by most Americans – right up there with stock brokers, Dionne Warwick’s Psychic Friends Network, and Joan Quigley (White House astrologer to the Reagans).

In this article, I’ll give you a few of my own predictions and then invite you to tell me the subject areas you want predicted. When pressed for my vision of the future, I like to add up what I already know to arrive at what I think will happen.  read more »

The Death Of Gentry Liberalism

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Gentry liberalism, so hot just a year ago, is now in full retreat, a victim of its hypocrisy and fundamental contradictions. Its collapse threatens the coherence of President Barack Obama's message as he prepares for his State of the Union speech on Wednesday.  read more »

Housing Unaffordability as Public Policy: The New Demographia International Housing Affordability Survey

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The just released 6th Annual Demographia International Housing Affordability Survey shows some improvement in housing affordability, especially in the United States and Ireland but a continuing loss of housing affordability, especially in Australia.  read more »

Phoenix, Put Aside Dreams of Gotham

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Now that Phoenix's ascendancy has been at least momentarily suspended, its residents are no doubt wondering what comes next. One tendency is to say the city needs to grow up and become more like East Coast cities or Portland, Ore., with dense urban cores and well-developed rail transit. The other ready option is always inertia - a tendency to wait for things to come back the way they were.

Neither approach will work in the long run.  read more »

Suburbs & Cul-de-Sacs: Is The Romance Over?

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The Virginia Department of Transportation does not like cul-de-sacs. You know, those little circles that suburban home dwellers worship so much and pay a premium to be located on? Under its regulations, all new subdivisions must have only through streets. Essentially, no more cul-de-sacs. Getting rid of these desirable dead-ends, according to the DOT, will improve safety and accessibility for emergency vehicles.  read more »

Florida: From Hard Times in the Sunnier Climes

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By Richard Reep

Florida’s era of hard times continues. Last week we held a "Jobs Summit " here in Orlando but heard little but self-congratulation by politicians like Governor Charlie Crist. He praised the Legislature’s budget cuts but had little to claim when it came to reviving the economy.  read more »

The War Against Suburbia

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A year into the Obama administration, America’s dominant geography, suburbia, is now in open revolt against an urban-centric regime that many perceive threatens their way of life, values, and economic future. Scott Brown’s huge upset victory by 5 percent in Massachusetts, which supported Obama by 26 percentage points in 2008, largely was propelled by a wave of support from middle-income suburbs all around Boston. The contrast with 2008 could not be plainer.  read more »

America's Agricultural Angst

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In this high-tech information age few look to the most basic industries as sources of national economic power. Yet no sector in America is better positioned for the future than agriculture--if we allow it to reach its potential.

Like manufacturers and homebuilders before them, farmers have found themselves in the crosshairs of urban aesthetes and green activists who hope to impose their own Utopian vision of agriculture. This vision includes shutting down large-scale scientifically run farms and replacing them with small organic homesteads and urban gardens.  read more »