TO THE EDITOR:
Many of us have expressed our continued frustration with the total lack of understanding our elected representatives and "industry intellectuals" have of how economic markets really work ("Senate passes sweeping bill to help U.S. compete with China, boost chip manufacturing," autonews.com, June 9).
The continued spending of taxpayer money and the continued efforts of the government to be central planners of economic activity are embarrassing. Decades of empirical evidence show how misguided these efforts are and how the intended results are seldom achieved. In many cases, they are harmful to the market's ability to efficiently and effectively adjust to changing variables.
I direct this to those claiming to be "conservative free market" practitioners who have led and supported this legislation. Here is your challenge: If this legislation becomes law, we expect a full accountability of what results are actually produced with regard to this central planning exercise that will cost the taxpayers $250 billion. We demand to know what our return on this investment is. Not what it was intended to be, but what it actually is. Unfortunately for the taxpayer, this will take time and focus to track. For the legislators and "industry intellectuals" that are pushing this, there is a 99 percent chance there will never be that accountability.
Therein lies the inconvenient truth of why this happens over and over again. Please understand this process is at the very core of strengthening the administrative state. Our founders never intended this powerful, unelected fourth branch of government.
DAVID PILCHER, Indianapolis, The writer is an independent car and truck dealer.