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Hypocrisy or ignorance? Republicans (and Libertarians) generally believe that government should leave businessmen and consumers alone to govern their own affairs, and that politicians should not be in the business of micromanaging the economy. But for Republican politicians, at least, any resemblance between rhetoric and policy seems purely coincidental. That’s because the Energy Policy Act of 2003 that recently passed the US House of Representatives is true folly. As Peter VanDoren and Jerry Taylor of the Cato Institute so aptly stated, “the only real disagreement between (Republicans and Democrats), at least when it comes to economic policy, is which group of Peters ought to be robbed and which collection of Pauls ought to be awarded a place at the government trough.”
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