Earmarks—Congress Has Them

They’re back, in spades, courtesy of Congress’ latest spend-a-thon, the $1.5 trillion omnibus spending bill just rushed through under the guise of billions more dollars in aid and weapons for Ukraine. The funding for Ukraine is sorely needed, but that should have been argued and enacted through a separate, stand-alone bill. Instead, Progressive-Democrats and too many Republicans (vis., Senator Richard Shelby, R, AL) used the blood and bodies of Ukrainians to speed through their personally convenient spending wishes—earmarks.

The argument for earmarks is that Congress should direct this spending rather than leave it to the federal bureaucracy. But the bureaucracy is better placed to make trade-offs based on economic value and urgent need in a world of limited resources.

There are two failures in this claim by The Wall Street Journal‘s Editorial Board.

One is that earmarks are perfectly fine as compromise grease and tradeoffs—they just should occur from within a separate budget and allocation line item for earmarks, and each such earmark should be openly debated on the House and Senate floors so We the People can see them and approve or disapprove of them.

The other is the incredibly naive claim that bureaucracy is better placed to make trade-offs based on economic value and urgent need. No, it’s not. Bureaucrats, just like any other politicians, whether elected or Civil Servant, will make the trade-offs that best suit the bureaucrat(s) involved. On top of that, it’s Congress that controls spending, not bureaucrats. Spending decision should be left to our elected representatives in those houses; delegation needs to be reined in and severely curtailed.

Drill, Baby, Drill

Progressive-Democrats really do not want our nation to be energy independent or to be able to support our friends and allies—and acquaintances around the world—with energy exports for the foreseeable future. For motives known only to themselves, they want to kill our energy capability until their dream of “green” energy comes to fruition, in that future distant beyond the foreseeable.

Senate Democrats are threatening to punish US oil companies with a windfall-profits tax if they increase production.

This also illustrates Progressive-Democrats’ utter disinterest in the way economics and economies work (I’m reluctant to say these Know Betters are ignorant of those ways).

The Senators plan would require companies that produce or import at least 300,000 barrels of oil per day (or did so in 2019) to pay a per-barrel tax equal to 50% of the difference between the current and average price between 2015 and 2019 (about $57 a barrel).

Since increasing supply relative to demand brings down price, one counter to this Progressive-Democrat war on our energy economy is to drill, baby, drill.

Another counter becomes available this fall—we need to fire Progressive-Democrats from our State and Federal governments so that energy producers can drill, baby, drill.