November 12, 2004

A FREE-MARKET AGENDA FOR A BUSH SECOND TERM -- Tyler Cowen has some policy recommendations:
1. Eliminate all farm subsidies, tariffs, quotas and price supports, and other forms of corporate welfare.
2. Repeal the Medicare prescription-drug bill and consider a revenue-neutral benefit that doesn't discriminate against prescription drugs.
3. Reform health care and limit Medicare.
4. Negotiate free-trade agreements as rapidly as possible.
5. Take in more immigrants, but demand higher levels of skills and education .. take in any revenue-positive immigrant.
6. Abolish the Department of Education; this is no business of the federal government.
7. Strengthen America's commitment to science, including stem-cell research, alternative energy sources, immunology and fighting infectious disease.
8. Get on TV and tell the nation that a free economy is a critical source of our strength. Tell them you mean it, and then mean it. Economic growth is the greatest long-run gift we can give to the world.
Posted by Greg Ransom