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Obama’s Fiscal Plan: Real Tax Hikes and Fake Spending Cuts
If done well, an image can say a thousand words. The Heritage Foundation shows us what Obama has in mind when he talks about a “balanced” plan. This chart, while… Read more
Why Are Republicans Willing to Help Obama Make America More Like Europe When the Welfare State Is Collapsing?
Washington frustrates me. The entire town is based on legalized corruption as an unworthy elite figure out new ways of accumulating unearned wealth by skimming money from the nation’s producers…. Read more
Europe’s Slow-Motion Fiscal Suicide
I shared an astounding chart last month showing that tax increases account for 90 percent of the so-called “austerity” in Europe. The author of the chart, Veronique de Rugy of… Read more
We Should Worry about the Long-Run Burden of Government, not the Fiscal Cliff
I appeared on CNBC yesterday to talk about the “fiscal cliff” and the potential impact on economic performance. You won’t be surprised to learn that I’m mostly concerned with how… Read more
Higher Taxes Mean Bigger Government, not Lower Deficits
President Obama and other statists in Washington want a big class-warfare tax hike. They claim the additional revenue is necessary to reduce red ink. But their ideological crusade is based… Read more
Now that the Election Is Over, the Washington Post Admits that the Obama Recovery Has Been Terrible
I agree that Obama inherited a crappy economy, and I think it is silly to assert that he bears any responsibility for the severity of the 2007-2009 recession. But it… Read more
In a Debate for U.S. News & World Report, I Argue Obama’s Plan Is Worse than the Fiscal Cliff
I took part today in a nine-person debate on the fiscal cliff for U.S. News & World Report. We were all asked, “Is Going Over the ‘Fiscal Cliff’ Necessarily the… Read more
Another Leftist Admits the Real Goal Is Taxing the Middle Class
Obama has staked out a very dogmatic and inflexible position on class-warfare tax hikes and he obviously wants all of us to think only the “rich” will be impacted. I… Read more
No Time to Go Wobbly On Spending Cuts
These are dark times for advocates of sane fiscal policy. The President and other Democrats have interpreted the recent election as a mandate to raise taxes, and if the past… Read more
New International Monetary Fund Study Inadvertently Provides Very Strong Evidence against the Value-Added Tax
I’m not a big fan of the International Monetary Fund, largely because the folks in charge oftentimes advocate toxic policies such as bailouts, higher taxes, and currency devaluation. But there… Read more
