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Rand Paul’s “Monstrous” and “Nasty” Budget Got 16 More Votes than Obama’s Budget

Rand Paul’s “Monstrous” and “Nasty” Budget Got 16 More Votes than Obama’s Budget

A few months ago, I wrote some very nice things about a budget plan put together by Senator Rand Paul of Kentucky, noting that: Senator Paul and his colleagues are… Read more »

Will House Republicans, Squeamish about the Defense Budget, Get Bullied into a Tax Hike by President Obama and Senator Reid?

Will House Republicans, Squeamish about the Defense Budget, Get Bullied into a Tax Hike by President Obama and Senator Reid?

Last year, as part of the fight over the debt limit, Congress created a “super-committee” that was designed to produce at least $1.2 trillion of “deficit reduction.” The statists saw… Read more »

Debunking the Austerity Charade in Europe

Debunking the Austerity Charade in Europe

I wrote a detailed blog post yesterday, showing that European governments have been very reluctant to restrain the burden of government spending. Part of the problem is that the debate… Read more »

Paul Krugman and the European Austerity Myth

Paul Krugman and the European Austerity Myth

With both France and Greece deciding to jump out of the left-wing frying pan into the even-more-left-wing fire, European fiscal policy has become quite a controversial topic. But I find… Read more »

Olga and Julia: Moochers of the World Unite!

Olga and Julia: Moochers of the World Unite!

Back in 2010, I declared that Olga Stefou was a symbol of everything that’s wrong with the Greek welfare state. She was one of the protesters and – if the… Read more »

Measuring the Federal Government’s Spending Problem

Measuring the Federal Government’s Spending Problem

I’ve complained endlessly that America’s fiscal problem is too much spending, and that deficits and debt are best understood as symptoms of that underlying disease. So I’m obviously a big… Read more »

Switzerland’s “Debt Brake” Is a Role Model for Spending Control and Fiscal Restraint

Switzerland’s “Debt Brake” Is a Role Model for Spending Control and Fiscal Restraint

I’ve argued, ad nauseam, that the single most important goal of fiscal policy is (or should be) to make sure the private sector grows faster than the government. This “golden… Read more »

The “Penny Plan” to Trim Government Spending and Reduce the Burden of the Public Sector

The “Penny Plan” to Trim Government Spending and Reduce the Burden of the Public Sector

Even though I favor radical reductions in the burden of government, I’ve made the point that good fiscal policy merely requires that government spending grow slower than the private sector… Read more »

Miracles Do Happen: Someone in Brussels Accurately Analyzes Europe’s Fiscal Crisis!

Miracles Do Happen: Someone in Brussels Accurately Analyzes Europe’s Fiscal Crisis!

With the exception of a few top-notch thinkers such as Pierre Bessard and Allister Heath, there are very few people in Europe who can intelligently analyze public policy, particularly with… Read more »

Notwithstanding the “Grand Bargain” Siren Song, there’s No Practical Argument for Tax Hikes

Notwithstanding the “Grand Bargain” Siren Song, there’s No Practical Argument for Tax Hikes

Many people think that my opposition to tax increases is ideological, but they’re wrong. If someone told me that I magically had the power to flick a switch and give… Read more »