Think tanks

Think tanks

Cry Wolf Quotes

[Companies covered by RGGI] will be placed at a competitive disadvantage vis-à-vis their non-RGGI competitors (domestic as well as international).

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Lawrence Kogan, director of the Princeton, N.J.-based Institute for Trade, Standards and Sustainable Development (ITSSD)

The Community Reinvestment Act should be repealed--not reformed or restricted but repealed! For no conceivable set of regulations on a bank is consistent with the objective of the Act to meet ‘the credit needs of its entire community, including low and moderate-income neighborhoods, consistent with safe and sound operation of such institution.’ The Community Reinvestment Act was the wrong solution to a genuine problem, for the most part created by other government regulations. Until recently, federal restrictions on interstate banking and state restrictions on intrastate branching severely restricted bank competition in local markets and the potential for geographic diversity of loan portfolios. These restrictions have been substantially reduced, promising a more competitive banking system that is more responsive to the interests of both depositors and borrowers and less vulnerable to adverse economic conditions in specific regions...Don't try to fix the Community Reinvestment Act. It can't be done. Repeal it.

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William A. Niskanen, Chairman, Cato Institute. Testimony, Subcommittee on Financial Institutions and Consumer Credit, House Committee on Banking and Financial Services

Maryland legislators’ good intentions do not change the fact that living wages result in job loss, particularly among the less skilled and less educated.

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Jenkins, Jill, Employment Policy Institute.
09/28/2007 | Full Details | Law(s): Living Wage

As a result, even though the Clinton proposal contains a very steep increase in the nation's tax burden, the actual amount of money the government collects may fall if enough workers lose their jobs and the taxable incomes of individuals and businesses decline.

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The Heritage Foundation.