A Musical Farce

As if writing a coda to a musical farce, Bill Richardson now wants to provide corporate welfare for music. According to the Albuquerque Jounrnal:
“Richardson on Friday described his $100,000 proposal to establish the New Mexico Music Commission as an ‘economic development tool’ that would promote the state’s music and musicians.”
Economic development by means of corporate welfare is like a musical farce. Government does not orchestrate the creation of jobs, but it does dole out favors to interest groups at taxpayer expense. Our economy will continue to fall flat, if we are not sharp enough to take note of this nonsense. The key to prosperity is low tax rates and limited government.

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