Tag Archives: debt
American Politicians Should Copy Canada’s Leftist Government of the 1990s and Cap Spending
Since I’ve written before about Canada’s remarkable period of fiscal restraint during the 1990s, I am very pleased to see that the establishment press is finally giving some attention to… Read more
Will Europe’s Feckless Politicians Destroy the Euro?
As demonstrated by the new video from the Center for Freedom and Prosperity, there are five key lessons to learn from the fiscal crisis in Europe. Unfortunately, Europe’s despicable political… Read more
Five Lessons for America from the European Fiscal Crisis
I’ve written about the fiscal implosion in Europe and warned that America faces the same fate if we don’t reform poorly designed entitlement programs such as Medicare and Medicaid. But… Read more
Who’s Winning the Race to Fiscal Destruction: Europe or the United States?
Even though the unwashed masses decided that I didn’t win my stimulus debate in New York City, I continue my fight for the hearts and minds of the American people…. Read more
Helping to Explain Greece’s Collapse in a Single Picture
Politicians in Europe have spent decades creating a fiscal crisis by violating Mitchell’s Golden Rule and letting the government grow faster than the private sector. As a result, government is… Read more
Four Reasons Why Keynesian “Stimulus” Does Not Work
Professor Allan Meltzer of Carnegie Mellon University has a must-read column in today’s Wall Street Journal, beginning with what should be an obvious statement. Those who heaped high praise on… Read more
Did I Lose, or Are the People of New York City Unworthy?
Folks of a certain age, who watched ABC’s Wide World of Sports, will remember the phrase “the agony of defeat.” Well, that’s what Richard Epstein and I endured Tuesday night… Read more
The Obligatory “I Told You So, You Dumb SOBs” Post About Greece
Almost two years ago, I wrote that bailing out Greece was misguided because it would dig the debt hole deeper. More recently, I wrote an I-told-you-so post that looked at… Read more
In One Chart, Everything You Ever Wanted to Know about the European Fiscal Crisis
I would have structured this flowchart differently, for reasons I discuss in this post, but this is pretty good picture of why Europe is in trouble. They say all roads… Read more
What’s the Difference Between an American Politician, a Greek Politician, and an Anguillan Politician?
Sounds like the beginning of a joke, sort of like, “A priest, a rabbi, and a minister walk into a bar…” But I have a serious point to make. I’m… Read more
