Author Archives:
DC’s Unjustified Optimism
According to Gallup, D.C. has the highest amount of economic confidence in the country…and it’s not even close. It would be easy to say that Gallup over-sampled White House staffers… Read more
Lasting Economies Are Not Built
During his State of the Union speech, President Obama expressed his desire for an “economy built to last,” an oxymoron emblematic of the President’s embrace of Keynesianism and other failed… Read more
Harry Reid’s Unicorn Economics
Harry Reid announced recently that millionaire job creators are “imaginary,” just like the “unicorns” that apparently advise him on economics: Senate Majority Leader Harry Reid (D-Nev.) suggested on Monday that… Read more
The Real Problem With the “Christmas Tree Tax”
Yesterday evening, Heritage spotted a conspicuous entry in the day’s publication of the Federal Register, defining a new tax on Christmas trees, which would fund a Christmas Tree Promotion Board…. Read more
Taiwanese Banks Pulling Billions Out of US Over FATCA Legislation
As CF&P has consistently warned, the Foreign Account Tax Compliance Act passed last year is driving foreign investment out of the US, which means less capital investment for the economy… Read more
DoE Inspector General: Government Too Incompetent to Spend Stimulus
Gregory H. Friedman, Inspector General for the Department of Energy, testified before the House Oversight and Government Reform Committee this morning (Hat-tip: Adam Peshek at the Reason Foundation). Not only… Read more
Record Government Spending Seen for 2011
President Obama and Vice President Biden are currently playing the role of traveling snake-oil salesmen, peddling their latest wares in the form of yet another so-called stimulus bill. At the… Read more
Bringing Science to Government
Accusing a political opponent of being anti-science has become a standard tactic of both parties in recent years. These accusations are usually dishonest, as what the accuser typically means is… Read more
Disaster Keynesianism Follows in Irene’s Wake
Disaster Keynesianism is the moniker I’ve given to the belief that destruction from natural disaster promotes prosperity. It is the logical extension of standard Keynesianism, which holds that any government… Read more
FATCA Law is Self-Destructing Fiscal Protectionism
I recently co-authored with Dan Mitchell an article in the Swiss magazine Schweizer Monat explaining the many problems with the Foreign Account Tax Compliance Act (FATCA), and the schizophrenic nature… Read more
