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Pull the US out of the European Bank for Reconstruction and Development

Summary:
It's disappointing that Republicans won't shut down the Ex-Im Bank and are even thinking about giving it a new boost. They control Washington and have the power to uphold the principles of genuine free enterprise. Instead, they're kowtowing to the swamp even as the data show that exports are doing well and formerly subsidized companies are doing A-OK. But let's look at this from an optimistic perspective. Maybe Republicans are willing to do the right thing, and they simply need to start with an easier target. If that's the case, an obvious choice is the European Bank for Reconstruction and Development, or EBRD... Continue reading: Pull the US out of the European Bank for Reconstruction and Development Photo credit: Tamas Kovacs/EPA/Shutterstock By permission of Veronique de Rugy and

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It's disappointing that Republicans won't shut down the Ex-Im Bank and are even thinking about giving it a new boost. They control Washington and have the power to uphold the principles of genuine free enterprise. Instead, they're kowtowing to the swamp even as the data show that exports are doing well and formerly subsidized companies are doing A-OK.

But let's look at this from an optimistic perspective. Maybe Republicans are willing to do the right thing, and they simply need to start with an easier target. If that's the case, an obvious choice is the European Bank for Reconstruction and Development, or EBRD...

Continue reading: Pull the US out of the European Bank for Reconstruction and Development

Photo credit: Tamas Kovacs/EPA/Shutterstock

By permission of Veronique de Rugy and Creators Syndicate.

Veronique De Rugy
Veronique de Rugy is a senior research fellow at the Mercatus Center at George Mason University and a nationally syndicated columnist. Her primary research interests include the U.S. economy, the federal budget, homeland security, taxation, tax competition, and financial privacy. Her popular weekly charts, published by the Mercatus Center, address economic issues ranging from lessons on creating sustainable economic growth to the implications of government tax and fiscal policies. She has testified numerous times in front of Congress on the effects of fiscal stimulus, debt and deficits, and regulation on the economy.

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