When proponents of government intervention try to tell you that the laundry list of laws, rules and regulations are on the books to keep monopolies at bay, show them the case of Uber, the ride-sharing company under fire for the crime of providing taxi services at too low of a cost.Details
The President is continuing his push for the federal government to go deeper into debt in order to fund infrastructure projects. While nobody disputes that the country has infrastructure needs, the precarious nature of federal and state finances indicate that policymakers need to starting thinking outside the box. Specifically, policymakers should be looking to make it easier for the private sector to fund and operate infrastructure projects.
As my colleagues Chris Edwards and Peter Van Doren have explained, the main problem with government infrastructure spending is the lack of efficiency:Details