On behalf of over 300,000 of our supporters and activists across the nation, CFIF has written the following…
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CFIF to U.S. Senate: On Drug Prices, Say "NO" to Mandatory Inflation Rebate Proposals

On behalf of over 300,000 of our supporters and activists across the nation, CFIF has written the following letter opposing any use of Mandatory Inflation Rebate Proposals when it comes to the issue of addressing drug prices:

We believe that market-oriented solutions offer the optimal solution, and resolutely oppose any use of mandatory inflation rebate proposals – which would unfairly penalize a drug’s manufacturer with higher taxes whenever that drug’s price rises faster than inflation - that will make matters worse, not better. Among other defects, such a government-imposed penalty would undermine Medicare Part D’s current structure, which uses market-based competition to mitigate drug costs. Part D currently works via privately-negotiated rebates, meaning that no specific price…[more]

July 15, 2019 • 02:48 pm

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Want to Reduce Corruption? Reduce the Size of Government Print
By Troy Senik
Thursday, November 21 2013
You'll only get money out of politics when you get politics out of money.

The worst thing that ever happened to the United States of America was dependable air conditioning and central heating. Sure, it’s made life hospitable for those who live in climates that are less than temperate, but it’s had this regrettable consequence:  It’s made it that much more tolerable to live in Washington, D.C.

We’ve come a long way since the days when serving a stint in the nation’s capital was a burden to be suffered rather than a check waiting to be cashed. Washington may not have been built on a swamp, as the popular telling has it, but it’s still considerably different from the city founded in the late 18th century. Long gone are notions that it’s a place where one goes to serve the nation. If anything, the country now works for D.C.

A report by Greg Jaffe and Tim Tankersly in the Washington Post earlier this week revealed that D.C. has added 21,000 households in the top one percent of income over the past decade, a number greatly surpassing that of any other city. Whether intentional or not, there’s a tremendous irony to that statistic. For a president who’s taken so many rhetorical potshots at the one percent, Barack Obama seems to have done an awful lot to make them feel at home in recent years.

This is not the only statistical evidence that Washington has been booming while the rest of the nation has been economically embattled. Loudon County, Virginia, an affluent D.C. suburb, has the highest median income in the nation. In fact, six of the nation’s 10 wealthiest counties are in the D.C. metro area. Discriminating readers can decide for themselves whether that has anything to do with the fact that federal spending in the area has doubled over the past decade. 

Here’s the irony underpinning this development: It cuts directly against every ideological pose of the liberals who control the White House and the Senate (and, truth be told, the permanent governing class that occupies the executive branch regardless of the president’s party).

They claim to admire “bottom up” movements rather than “top down” ones. Yet what could be more representative of hierarchical power and privilege than a Washington that’s the epicenter of the spoils system? They claim to detest income inequality. Yet they artificially exacerbate it by funneling taxpayer money to the new Beltway gentry. They claim to hate the use of force when it comes to the military; when it comes to the coercive power of the state, however, they seem to have no second thoughts about a capitol city that grows rich via forcible redistribution.

For the time being, the left is conspicuously quiet about Washington’s newfound boomtown status. That’s understandable. Their ideology doesn’t allow for any particular responsive answers.

When liberals inevitably are forced to respond — and they will be, given the rapid growth of anti-Washington sentiment throughout the country — their proposed remedy will be as predictable as it is inadequate (not to mention utopian): Get big money out of politics. It’s an easy slogan, and one with undeniable emotional resonance, but it deserves closer scrutiny.

Why has Washington experienced such explosive growth in recent years? Simple: The federal government is spending more money. While moral outrage may be justified, that’s no substitute for analysis. Thus, we have to ask the analytical question: Why is more economic activity centered in the nation’s capital?

Consider lobbying. Why would a major corporation spend, for example, $3 million lobbying the federal government? Well, they’re businesses, so that means they’re only going to spend $3 million if they think the value that they get back will be more than $3 million. This is math even a member of Congress could understand.

Therein lies the rub: You’ll only get money out of politics when you get politics out of money. Liberals may decry the influence of the "fat cats," but they’re the ones empowering them. The bigger the government, the bigger the incentive for business to spend their money lobbying Washington rather than creating products and serving consumers. In competitive markets, businesses rise and fall on the merits. In the crony system currently in place in Washington, success has much more to do with proximity to power.

In the final analysis, the left has the ends right but has totally misunderstood the means. The best way to reduce corruption in Washington is to shrink government back to a size that no longer invites it. A limited government is a government that’s unprofitable to lobby.

Question of the Week   
On July 20, 1969, the first man to walk on the Moon was Neil Armstrong, making “one giant leap for Mankind.” Who was the last person to walk on the Moon?
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Quote of the Day   
 
"Months of bleak polling couldn't stop the parade of lower-level Democrats crowding into the presidential primary.But bankruptcy might.Eleven Democratic presidential candidates -- nearly half of the sprawling field -- spent more campaign cash than they raised in the second quarter of the year, according to new financial disclosures filed Monday. Eight contenders active in the spring limped forward…[more]
 
 
—David Siders, Zach Montellard and Scott Bland, Politico
— David Siders, Zach Montellard and Scott Bland, Politico
 
Liberty Poll   

Do the "politics of personal destruction," now rampant across the political spectrum and amplified by the media, make you more or less inclined to personally participate in political activity?