Saturday, August 15, 2015

ALEC Confidential: Tales from the Supply-Side

By Bill Raden

“The biggest scam of the last 100 years is global warming!” thundered Stephen Moore to ALEC’s plenary breakfast club this morning. “It’s no surprise that when you give these professors $10 billion, they’re going to find a problem.” Moore then singled out North Dakota for its regulatory-free attitudes toward the fracking industry: “I just have one message for you — drill, baby, drill!”

The annual meeting of the American Legislative Exchange Council began wrapping up business in San Diego Friday on this defiant note from Moore, a former Wall Street Journal writer. This newly hired Heritage Foundation economist is an apostle of completely eliminating state income taxes and has been in a running feud with liberal economist and New York Times columnist Paul Krugman, over Moore’s casual regard for accurate reporting.

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