In a press release yesterday, presidential candidate Sen. Hilary Clinton (D, NY) spoke about her commitment to “rural economic development.” Her commitment was demonstrated by introducing a bill in March called the Rural Investments to Strengthen our Economy Act (RISE Act), which provides employer tax credits for “rural entrepreneurs and small business.”
“The RISE Act will increase jobs, wages and other financial incentives allowing individuals to decide where they live by their desire, not by limited opportunities,” said Senator Clinton (emphasis added).
Really? So if I want to live in, say, one of those townhouses in Georgetown, then the government will take money from other people and buy it for me? Awesome.
(For more discussion on rural America, please attend or view online our forum today on the latest trade policy analysis from Cato’s Center for Trade Policy Studies, “Freeing the Farm: A Farm Bill for All Americans”)