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The “Third World Experience” of Obamacare

The “Third World Experience” of Obamacare

Back in 2009, before Obamacare, the United States had a healthcare system that was plagued by excessive government intervention, which led to a third-party-payer crisis and massive inefficiencies. Perversely, the… Read more »

More Academic Evidence that Bigger Government Means Less Prosperity

More Academic Evidence that Bigger Government Means Less Prosperity

My goal in life is very simple. I want to promote freedom and prosperity by limiting the size and scope of government. That seems like a foolish and impossible mission,… Read more »

The Sick Joke of Obama’s Shutdown Strategy

The Sick Joke of Obama’s Shutdown Strategy

Even though it’s an uphill battle, I’m glad there are some lawmakers willing to fight Obamacare. They realize a hard battle today could help save America from genuine fiscal crisis… Read more »

Some Parts of Government Should Be Shut Down Forever

Some Parts of Government Should Be Shut Down Forever

I realize we’re in the middle of a government shutdown and there’s a debt limit deadline rapidly approaching, but I’m not going to write about fiscal policy today. Instead, I’m… Read more »

Cheered on by the OECD, Japan Announces Higher VAT Rate to Enable Bigger Government

Cheered on by the OECD, Japan Announces Higher VAT Rate to Enable Bigger Government

If you have any long-term Japanese investments, sell them soon. In part, that’s because the Japanese Prime Minister announced another Keynesian spending binge earlier this year – even though several… Read more »

The Shutdown Fight: Can Advocates of Fiscal Responsibility Overcome the Combined Forces of Obama, Lobbyists, and the Media?

The Shutdown Fight: Can Advocates of Fiscal Responsibility Overcome the Combined Forces of Obama, Lobbyists, and the Media?

I’m not overly optimistic about the outcome of the government shutdown fight. In part this is because our system of government, based on separation of powers, means it is very… Read more »

Is Today – the Anniversary of the Income Tax – the Worst Day in American History?

Is Today – the Anniversary of the Income Tax – the Worst Day in American History?

There have been some unfortunate and dark days in American history, but what was the worst day? Some obvious choices include December 7, when the Japanese bombed Pearl Harbor, and… Read more »

What if We Had a Government Shutdown and Nobody Noticed or Cared?

What if We Had a Government Shutdown and Nobody Noticed or Cared?

What’s the likely outcome of the government shutdown fight? Well, in my libertarian fantasy world, we leave it closed. Or at least we never bother to reopen counterproductive bureaucracies such… Read more »

Maybe the Real Lesson Is that It’s Best to Shut Down the Federal Government Before a New Fiscal Year Begins

Maybe the Real Lesson Is that It’s Best to Shut Down the Federal Government Before a New Fiscal Year Begins

The politicians, bureaucrats, lobbyists and interest groups in Washington are hyperventilating that the federal gravy train may get sidetracked for a day or two by a shutdown fight between Republicans… Read more »

Playing Hardball on a Government Shutdown Is the only Short-Run Way to Make Fiscal Progress

Playing Hardball on a Government Shutdown Is the only Short-Run Way to Make Fiscal Progress

I haven’t written much about the budget fights over a government shutdown, Obamacare, the continuing resolution, and the debt limit for the simple reason that the battles are mostly about… Read more »