President Obama pushed for expanding wind energy and advanced energy manufacturing subsidies at the wind turbine manufacturer TPI Composites in Newton, Iowa, today.

These subsidies have and continue to enjoy bipartisan support precisely because they benefit both Republicans and Democrats come election time, when they can say they helped create jobs for their district and state. But targeted tax credits and other subsidies are wasteful and economically destructive for four fundamental reasons:

Continue reading on blog.heritage.org

GET MORE STORIES LIKE THIS

IN YOUR INBOX!

Sign up for our daily email and get the stories everyone is talking about.

Email
Previous post

The Carney Kool-Aid and Obama’s Fiscal Fantasyland

Next post

VIDEO: Senator Tom Coburn on the “Debt Bomb”