Veronique de Rugy documented today the degree to which the natural gas industry has captured the ear of government, receiving favorable treatment as a result: Public outrage at cronyism and corporate welfare is growing—and that’s all to the good. But don’t expect well-connected special interests and politicians to go gentle into that good night. Especially […]
read more...You know your record as President is abysmal when supporters are reduced to touting how much better you’ve done than Herbert Hoover. But that’s where Obama is at, apparently, as historian Robert McElvaine took to the New York Times a few days ago to make exactly that case. Seeking to combat unfavorable comparisons to the […]
read more...In last night’s debate, President Obama once again bragged about pouring taxpayer dollars into GM and Chrysler, while chastising Mitt Romney for wanting to “let Detroit go bankrupt.” Presuming that Detroit in this context refers to the auto companies that received a bailout, this charge makes no sense. They did go bankrupt. The problem, as […]
read more...Would you want to live in a city with no income, sales or capital gains taxes? Well you can soon move to Honduras and get your chance: Small government and free-market capitalism are about to get put to the test in Honduras, where the government has agreed to let an investment group build an experimental […]
read more...When it comes to taxes, Republicans really do play the stupid party to the Democrats’ evil. If Democrats propose raising taxes, Republicans trip over themselves to offer to sharp contrast by offering to raise taxes a bit less. CF&P President Andrew Quinlan highlighted the latest example of this strategic brilliance in Forbes: [I]t’s not just […]
read more...Pending sequestration cuts are hanging in the air over DC, with politicians squirming under the prospect of actually putting a limit of any kind on spending. There’s a particular debate raging over the propriety of the spending cuts set to hit defense and what they’ll means for military readiness, with some Republicans – typically the […]
read more...A lot has been said about the growing dependence of American citizens on the federal government, including in this great CF&P Economics 101 video narrated by Emily O’Neill. But there’s another kind of growing dependence about which we need to be concerned, and that’s the degree to which states are being made dependent on the […]
read more...Over a week ago I predicted in an editorial that there would be continued attacks on financial privacy and tax competition, noting that attacks on Romney’s financial holdings were “part of this ongoing effort to undermine tax competition and make it easier for politicians to pursue onerous tax-and-spend policies.” I even singled out the Tax […]
read more...This article appeared in The Daily Caller.
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