Lina Khan’s FTC is the avatar of Bidenomics failure

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President Joe Biden's economic philosophy, commonly described as 'Bidenomics,' consists of taxing or banning things you want and subsidizing things that are of no interest to you. For just one example, Democrats want to tax your energy use to subsidize electric vehicles for your rich neighbors.

FTC Commissioner nominee Lina M. Khan testifies during a Senate Commerce, Science, and Transportation Committee nomination hearing on Capitol Hill, in Washington, Wednesday, April 21, 2021.economic philosophy, commonly described as"Bidenomics," consists of taxing or banning things you want and subsidizing things that are of no interest to you. For just one example, Democrats want to tax your energy use to subsidize electric vehicles for your rich neighbors.

, claiming that the retailer made it too difficult for consumers to cancel Amazon Prime memberships. The only problem? It may take six clicks to cancel a Prime membership, but it takes at least seven to file comments with the FTC. It likely takes more than six clicks for Khan to go to work given that she"runs the agency" remotely from New York.

Source: Car News Wire (carnewswire.net)

 

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