How to Structure a Political Economy

By: Congressman Tom Price (Diary)  |  June 29th at 09:57 AM  | 

The last few years of taxpayer-funded bailouts, backstops, and so-called “stimulus” spending have left Americans with a political economy in which Washington, not the market, decides where to allocate capital. Until now, Washington’s interventions have been put together in haphazard fashion – $300 billion here, $700 billion there, etc. But under the guise of “financial reform,” Democrats last Friday unveiled their plan to make this | Read More »

One Year Later, No Sign of Stimulus’ Immediate Jolt

By: Congressman Tom Price (Diary)  |  February 17th at 12:55 PM  | 

The Democrats’ $862 billion stimulus bill turns a year old today, but don’t fret if you didn’t get a party invitation. Most Americans haven’t seen much in the past year of stimulus worth celebrating. Democrats claimed their stimulus bill would have an immediate impact on job creation and the economy. Clearly, that was ridiculous. Just take a look at the bill – it’s mostly a | Read More »

The White House Dangles a Carrot, but the Private Sector Sees the Big Sticks Coming

By: Congressman Tom Price (Diary)  |  February 4th at 09:45 PM  | 

Lately, President Obama has tried to assure the American people that he’s working really hard to get our money back from that TARP bailout he’s been using as a revolving slush fund. Nonetheless, since yesterday was a day ending in “y”, it was evidently time for another bailout. Rules are rules, after all. This time it was $30 billion for loans to small businesses: “The | Read More »

Republican Study Committee YouTube Response to Obama Speech

By: Congressman Tom Price (Diary)  |  February 24th at 10:54 PM  |