Obama Administration's budget proposal follows the standard pattern of taxing energy sources that work, and subsidizing those that don't

Obama’s Budget: Central Planning the Nation’s Energy Sources

By Institute for Energy Research —— Bio and Archives--February 19, 2011

Global Warming-Energy-Environment | Comments | Back To Full Article

In American political discourse, everyone pays lip service to the virtues of free-market capitalism, and everyone recognizes the disaster of outright socialism. Yet through its massive power to tax, spend, and regulate, the federal government can achieve backdoor central planning, where federal officials pick winners and losers. We see this pattern all too clearly in President Obama's recent budget proposal and its impact on the American energy sector.

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