Tag Archives: Europe
Five Things We Should Worry about in 2011
The mid-term elections were a rejection of President Obama’s big-government agenda, but those results don’t necessarily mean better policy. We should not forget, after all, that Democrats rammed through Obamacare even after losing the special election to replace Ted Kennedy in Massachusetts.
Similarly, GOP control of the House of Representatives does not automatically mean less government and more freedom. Here are five possible bad policies for 2011, most of which the Obama White House can implement by using executive power.
America’s Number One! America’s Number One!…Oops, Never Mind
Sometimes it’s not a good idea to be at the top of a list. And now that Japan has announced a five-percentage point reduction in its corporate tax rate, the… Read more
American Taxpayers Should Not Bail Out the European Union
The fiscal disintegration of Europe is bad news, though I confess to a bit of malicious glee every time I read about welfare states such as Greece, Ireland, and Portugal… Read more
France Increases Retirement Age to 62, Solves 1.94 Percent of Its Fiscal Problem
I’m just making up the 1.94 percent number, but the International Herald Tribune reported last year that unfunded liabilities in France are nearly 550 percent of GDP. The news reports… Read more
Obama’s Policy Failure, Part I
Former Senator Phil Gramm had a column last week in the Wall Street Journal that deserves two blog posts. This first post highlights Gramm’s analysis showing that the U.S. has… Read more
Europe’s Riots, America’s Future
Riots and protests have swept across Europe, as populations lured into government dependency are upset that there’s no longer enough money to maintain the existing level of redistribution. Here’s an… Read more
The World’s Biggest Political Clown?
I’m working on a serious blog post about European fiscal developments, but my research on that issue has alerted me to a couple of stories about President Jose Manuel Barroso… Read more
Should America Pay Mexico to Reduce Illegal Immigration?
I’ve never focused much on immigration issues, but this EU Observer story caught my eye. Libya’s dictator is asking the European Union to give his country €5 billion (more than… Read more
New York Times Seeks Higher Taxes on the “Rich” as Prelude to Higher Taxes on the Middle Class
In a very predictable editorial this morning, the New York Times pontificated in favor of higher taxes. Compared to Paul Krugman’s rant earlier in the week, which featured the laughable assertion… Read more
Taxpayers vs Bureaucrats, the Foreign Edition
If misery loves company, we can be very happy with these two stories about over-compensated bureaucrats from outside our borders. The first comes from Europe, where the Daily Telegraph reports… Read more
