This week on RealClear Radio Hour we tackle insidious corporate cronyism and what can be done to stop it. At the 2016 Conservative Political Action Conference, I moderated a lively panel discussion with Washington Examiner columnist Tim Carney, Alison Fraser of the Charles Koch Institute, Matthew Mitchell of the Mercatus Center, and Peter Schweizer of the Government Accountability Institute.
Despite public outcry, big businesses and big government have institutionalized corporate welfare, where taxpayer-supported subsidies, bailouts, and regulations that crowd out competitors are exchanged for votes, campaign contributions, and job security through DC’s ‘revolving door’ of lobbying and consulting gigs. The panelists recommended increased transparency, a lifetime ban on lobbying by former members of Congress and their staff, banning campaign donations while the legislature is in session, and naming and shaming cronyist businesses and politicians.
You can hear the discussion by listening to the full show as-aired on iTunes, or you can check out the podcasts hosted on YouTube and SoundCloud. Make sure to check back next week for another episode of RealClear Radio Hour.