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The Basket Case Sometimes Known as Japan
Good fiscal policy doesn’t require heavy lifting. Governments simply need to limit the burden of government spending. The key variable is making sure spending doesn’t consume ever-larger shares of economic… Read more
Obama’s Hidden $236 Billion Tax Hike
Obama imposed a big tax hike last year. But I’m not talking about the fiscal cliff and the President’s class-warfare trophy of higher tax rates on those evil rich people…. Read more
Havoc Wreaked By FATCA Spreads
As the rest of the world is forced to deal with imperialist US tax policy, Americans and the US economy are continuing to suffer the consequences. We’ve already written about… Read more
Bailout Nation
I have a serious question for readers. What’s worse, bailouts for government or bailouts for the private sector? Yes, both are bad, but is it worse to bail out a… Read more
Has the European Fiscal Crisis Ended?
I’ve frequently commented on Europe’s fiscal mess and argued that excessive government spending is responsible for both the sovereign debt crisis and the economic stagnation that plagues the continent. But… Read more
Do You Live in a “Death Spiral” State?
Three years ago, I put together a “Moocher Index” that measured the degree to which non-poor people in a state were benefiting from redistribution programs. As you can see if… Read more
The Fiscal Cliff Was an Inevitable Loss, but Here Are Three Upcoming Battles that Advocates of Small Government Can Win
Our number one fiscal problem is an excessive burden of government spending. A big part of the solution is entitlement reform. Our number two fiscal problem is a punitive and… Read more
What Was the Most Tragic Policy Development of 2012?
I’m not sure I could pick out a significant victory for human freedom in 2012. Maybe I’m missing something, but the only good policy that’s even worth mentioning was the… Read more
While Much of America Suffers with Stagnation, Washington’s Political Class Is Having a Very Merry Christmas
In large part because of an excessive burden of government, the American economy is suffering European-style stagnation, with even the Washington Post now confessing that growth far below the long-run… Read more
How the Welfare State Traps the Poor in Dependency, the British Version
Back in 2011, I linked to a simple chart that illustrated how handouts and subsidies create very high implicit marginal tax rates for low-income people and explained how “generosity” from… Read more
