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OpenMarket: March 2020

  • Potential Phase 4 COVID-19 Bill Must Not Turn Broadband Charity into a Tax

    March 31, 2020
    As the COVID-19 crisis ransacks our economy, the old adage “If it ain’t broke, don’t fix it” carries increasingly important wisdom. By any objective account, the American Internet and the companies that power it are performing nothing short of heroically during this crisis. Turning their temporary charitable efforts into an indefinite tax is the opposite of the reward they deserve.
  • Regulatory Restraint, Full Throttle

    March 31, 2020
    Members of Congress pursuing compromise or bipartisan net neutrality legislation should think twice about regulating away certain practices as a priori harmful. Among the greatest harms of regulation are the beneficial market responses it often prevents and the innovations it precludes. It’s not just in times of crisis that citizens deserve the most possible flexibility and the greatest range of solutions.
  • New York Times Explains Foolishness of Trump’s General Motors Nationalization

    March 30, 2020
    Last Friday, President Trump nationalized General Motors, ordering the company to produce as many ventilators as HHS Secretary Alex Azar says is necessary to address the coronavirus crisis. Bluster from the White House doesn’t magically retool factories and retrain workers. Worse, meddling from administration bureaucrats far outside their depth may depress and delay production.
  • Trump Administration Suspends Tariffs, but Not Confusion, for Three Months

    March 30, 2020
    On Friday evening, the Trump administration announced it would stop collecting all tariff revenue for three months, effective immediately. In ordinary times, the news would have been front page news for days. Instead, as with many late-Friday news dumps, it has gone virtually unnoticed.
  • This Week in Ridiculous Regulations

    March 30, 2020
    Coronavirus deaths topped 1,000 in the U.S. last week, while new cases continued to double every few days. Meanwhile, agencies issued new final regulations ranging from groundfish fisheries to NASA penalties.
  • The Guardian Props Up Lame Greenpeace Tirade, Ignores Potential COVID-19 Risks from Reusable Grocery Bags

    March 27, 2020
    The Guardian recently published a story on a Greenpeace attack on CEI for pointing out that reusable grocery bags might contain dangerous pathogens, including COVID-19. I have no problem with people who choose reusable bags, but it’s good for them to know that they need to be washed after every use. I do have a problem with government bans and regulations that force people to use reusable bags.
  • GOP Climate Bill Does Carbon Capture and Storage Actually Reduce Emissions

    March 27, 2020
    The American Enterprise Institute this week published A Critique of the House Republican Climate Policy Proposals by AEI economist Benjamin Zycher. Zycher finds that the warming reductions achieved by tree planting and carbon capture technologies would be “effectively equal to zero” yet “very expensive” to implement.
  • COVID-19 Relief Bill Passes without Frivolous Green Baggage

    March 27, 2020
    The Senate passed a $2 trillion COVID-19 relief and economic stimulus bill by a 96-0 vote. The House passed the bill by voice vote on March 27. The House Democrats’ bill was so radical and most of it had so little to do with addressing the current health crisis or the resulting economic crisis that it discredited the more modest attempts to add irrelevant wind and solar tax credits to the bill in the Senate.
  • VIDEO: Reforming Antitrust for Global Competitiveness

    March 27, 2020
    The Information Technology and Innovation Foundation recently hosted its latest virtual event, “Reforming Antitrust Policy for an Era of Global Competitiveness.” ITIF President Rob Atkinson set up the discussion with the premise that European Union and United States antitrust policy may need to change—that is, loosen—to accommodate the consolidation of national champion-type firms in China.
  • Financial Services Committee Democrats Release COVID-19 Wish List

    March 27, 2020
    This week, Democrats on the House Financial Services Committee unveiled their public policy response to the COVID-19 pandemic. While framed as a goodwill attempt at helping struggling Americans, the partisan legislation contains a number of controversial provisions that have no place in an emergency, short-term relief package.

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