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Assessing President Obama’s Economic Agenda

Assessing President Obama’s Economic Agenda

In recent weeks, I’ve pontificated on Obama’s spendthrift budget, Congressman Dave Camp’s timid tax reform plan, and the corrupt cronyism of Washington. I got to elaborate on all these topics – and more –… Read more »

A Fiscal Lesson from Germany

A Fiscal Lesson from Germany

Germany isn’t exactly a fiscal role model. Tax rates are too onerous and government spending consumes about 44 percent of economic output. That’s even higher than it is in the United States,… Read more »

Funny Cartoon Video Mocks Obamacare

Funny Cartoon Video Mocks Obamacare

Obamacare may not be good news for taxpayers or consumers, but let’s look at the bright side. At least the law has generated some superb political humor, including funny videos. *The head of the… Read more »

Three Positive Signs from the New Chair of the Federal Reserve

Three Positive Signs from the New Chair of the Federal Reserve

Like John Stossel and Thomas Sowell, I’m not a big fan of the Federal Reserve. It’s not just that I’m a libertarian who fantasizes about the denationalization of money. I also think the Fed hasn’t done… Read more »

Underwhelmed: Grading the New Tax Reform Plan from the Chairman of the Ways & Means Committee

Underwhelmed: Grading the New Tax Reform Plan from the Chairman of the Ways & Means Committee

To make fun of big efforts that produce small results, the famous Roman poet,Horace, wrote “The mountains will be in labor, and a ridiculous mouse will be brought forth.” That… Read more »

Long-Term Growth and the Corrosive Impact of Obamanomics

Long-Term Growth and the Corrosive Impact of Obamanomics

One of my goals is to convince people that even small differences in long-run growth can have a powerful impact on living standards and societal prosperity. In other words, the… Read more »

The Missing Data in Krugman’s German Austerity Narrative

The Missing Data in Krugman’s German Austerity Narrative

There’s an ongoing debate about Keynesian economics, stimulus spending, and various versions of fiscal austerity, and regular readers know I do everything possible to explain that you can promote added prosperity by… Read more »

Minimum Wage Laws: Sabotaging the Ladder of Economic Opportunity

Minimum Wage Laws: Sabotaging the Ladder of Economic Opportunity

If I banged my head against the wall every time politicians advocated bad policy in Washington – which is a tempting impulse, I would have been institutionalized because of brain… Read more »

White House Stimulus Report Based on “Keynesian Fairy Dust”

White House Stimulus Report Based on “Keynesian Fairy Dust”

Did you sing Happy Birthday? The nation just “celebrated” the fifth anniversary of the signing of the so-called American Recovery and Reinvestment Act, more commonly referred to as the “stimulus.” This… Read more »

Big Government and Tipping Points: Is America Is Doomed to Become a Failed European-Style Welfare State?

Big Government and Tipping Points: Is America Is Doomed to Become a Failed European-Style Welfare State?

When I give speeches around the country, I often get asked whether it’s time to give up. More specifically, has America reached a tipping point, with too many people riding… Read more »