Speaking at The Heritage Foundation this morning, Sen. Ted Cruz (R-TX) denounced cronyism in both the Republican and Democratic parties. He called it a “Washington cartel” and identified four programs that are symptoms of big-government cronyism in Washington:
- The Export-Import Bank hand-picks which well-connected companies the government will give billions of taxpayer dollars in loans to.
- Renewable-energy mandates distort energy prices and benefit special interests like corn farmers.
- Sugar subsidies inflate the prices of food and cost food-manufacturing jobs for the benefit of a small group of farmers.
- The proposed internet sales tax threaten to diminish the opportunity of small business to use the internet to compete with large companies.
How do you think cronyism in Washington is hurting our country?