This article was originally published at Townhall.com. Comments welcome there. It has become popular for politicians to advocate going after oil companies for their seemingly outsized profits. Otherwise rational people turn red-faced with anger when they think about the tens of billions of dollars flowing into the coffers of “big oil.” The most often talked [...]
Hello
Response to Conrad deFiebre’s “Big Lie”
So Conrad deFiebre has his way of calculating the operating loss of public transit, which makes the public subsidy less that when we at the Minnesota Free Market Institute calculate it. He claims the basic fare returns 47 percent of operating costs; the MnFMI puts it closer to 20 percent. The Met Council, which ought [...]
Read the rest of this entry »