Sorry, I disagree with Sarah here. In fact her whole grasp of economic policy is the only aspect of her that has me worried. Why should tax-payer money pay for a private enterprise? If a gas pipeline would be such a good investment, and would be good for the economy, why aren’t private investors lining up to fund it?
Perhaps they think it will only be a good return on investment if somebody else foots the cost of building the thing. This is not letting the market work, this is intervention in the market. This is politicians picking and choosing winners and losers in the economy, rather than letting buyers and sellers decide through the price system.
Most people simply do not understand the price system, and how interference with the workings of the free market can lead to an oversupply of one thing and an undersupply of another. The building of this pipeline ought to be carried out only by private enterprise, because those involved will be spending their *own* money and therefore make decisions more wisely, based on expected costs and benefits.
Instead, this is “we must have a pipeline” and to heck with the costs.
For the first time I’m reconsidering my enthusiasm for her run in 2012. I wish somebody who was both a strong pro-life advocated *and* strong on economic freedom would run.
Well, if they allowed drilling in ANWR perhaps they wouldn’t need the money. She wants to drill, it’s the Dems and Environmentalists who are against it.
Any enthusiasm you might have had is news to me. Two months ago (soon after you joined FR) you said you had just about given up on all politicians and you specifically singled out Palin and Jindal in your post. Hmmmm......
WE are not paying for the pipeline... this is for infrastructure the state of Alaska is putting in place to get to the pipeline. Something else, we all gain, down here in the lower 48, from that natural gas pipeline and lower gas prices... and instead of electric, I would rather see more cars built to run on clean natural gas, too.
I'll add that despite Sarah Palin being adamantly and unwavering pro-life, your username would more accurately reflect your agenda if it was changed to MaligningPalinComesFirst.