What We Know That Isn’t So

John Stossel

3/31/2010

Much government interference with our peaceful pursuits is based on junk science and junk economics. Politicians know a lot of stuff that isn’t so. So do reporters.

Let me count some of the ways. (I’ll elaborate on tomorrow’s Fox Business Network show.)

Congress now spends your money on a host of intrusive new programs designed to make America “energy independent.” President Obama recently announced $8 billion in loan guarantees for nuclear power plants.

I smiled when I heard. Finally, even Democrats woke up to the benefits of nuclear power. But Cato Institute energy analyst Jerry Taylor set me straight:

“If nuclear power made economic sense, we wouldn’t need to subsidize it.”

The story continues …..

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