Tuesday, August 12, 2008

Running amok on heating subsidies

The Center on Budget and Policy Priorities tried yesterday to make the case for jacking up taxpayer subsidies for heating expenses for low-income Americans. They are upset that President Bush is talking about a veto for a new $2.5 billion for LIHEAP, complaining that an expected 40% increase in home heating costs will cause widespread hardship.

Right. And creating billions more dollars of artificial demand each year will ensure that those huge cost increases keep coming. Then we will have more and more people depending on the government to heat their homes and will need higher and higher taxes to pay for our socialized heat.

Around and around we go...