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Cato Podcast

The Broad Coalitions That Stop Corporate Welfare

Cato Podcast

Cato Institute

Immigration, News, News Commentary, Peace, 424708, Markets, Government, Libertarian, Policy, Politics, Cato, Defense

4.5979 Ratings

🗓️ 15 October 2021

⏱️ 10 minutes

🧾️ Download transcript

Summary

he threat of big government handouts to well-funded special interests demands an opposition that is, if not well-funded, at least ideologically diverse. John Mozena of The Center for Economic Accountability comments.

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Transcript

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0:00.0

This is the Cato Daily Podcast for Friday, October 15th, 2021.

0:04.8

I'm Caleb Brown.

0:05.8

When you're fighting corporate welfare and big government handouts to special interests,

0:10.8

it's beneficial to know who your friends are and a broad coalition of groups not normally aligned

0:17.0

regularly find themselves on the same side of the fight to end or stop special interest giveaways.

0:23.5

John Mosina runs the Center for Economic Accountability.

0:26.8

He describes just how these kinds of coalitions get started and why they matter.

0:31.4

Corporate welfare is a high priority, a fat target for people who are

0:37.6

involved in the Liberty Movement. How do these things get done to begin with?

0:44.0

Well, one of the really interesting things to come out of the past maybe year and a half or so

0:50.0

is that for a long time a lot of reformers a lot of us in the Liberty movement

0:54.5

thought you know you really can't you know you're not going to win those corporate

0:58.3

welfare reform battles oh they're too big other too powerful and over the past about year or half or so,

1:04.4

there have been a couple really high profile successes

1:07.0

where bipartisan coalitions in states actually,

1:12.4

you know, undertook and succeeded at meaningful reforms at

1:15.6

killing programs that had very powerful lobbies behind them in Texas the

1:20.4

chapter 313 program which heavily benefited the state's oil and gas industry

1:26.9

is basically a big closing fund, seven billion dollars in costs in the state,

1:31.2

was killed by a coalition that included Texas Public Policy Foundation along with groups on the left.

1:37.8

In Michigan, the Good Jobs for Michigan Subsidy Program, which had been initially introduced in part to try to win Amazon HQ2, was allowed

1:47.3

to sunset despite support for manufacturers including the auto industry.

...

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