Economic Intelligence

December 2013


Tesla's Profitability Hasn't Stopped the Government Handouts

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Tesla Motors, the fast growing electric car company, just received yet another handout from the government. The gift comes in a form of a $34.7 million tax break from the state of California to increase the company's production capacity, and it isn't the first set of subsidies that Tesla has ...

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TAGS:
economy
car manufacturers
energy
cars
California
tax deductions
energy policy and climate change

The Bipartisan Budget Deal Should Be a Beginning, Not an End

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Like most things, even bad budget deals can have some redeeming characteristics, so let's start with the good news about the Bipartisan Budget Act of 2013 announced by Rep. Paul Ryan, R-Wis., and Sen. Patty Murray, D-Wash., on Tuesday.

First, if enacted, it will likely prevent another wasteful and ...

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TAGS:
economy
federal budget
Ryan, Paul
defense spending
deficit and national debt
Murray, Patty