Tag Archives: Europe
Statists are in a tough position. For years, they’ve been saying the United States should be more like Europe. And, as shown in these very funny cartoons by Michael Ramirez… Read more
One of my favorite political cartoons is this Michael Ramirez gem showing President Obama following the European lemmings over the cliff of statism. But this isn’t a laughing matter. As… Read more
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
Class Warfare Tax Policy Causes Portugal to Crash on the Laffer Curve, but Will Obama Learn from this Mistake?
Back in mid-2010, I wrote that Portugal was going to exacerbate its fiscal problems by raising taxes. Needless to say, I was right. Not that this required any special insight…. Read more
Portugal May Become the First of Europe’s Bankrupt Welfare States to Stumble upon a Genuine Recovery Formula: Less Spending AND Lower Tax Rates
There aren’t many fiscal policy role models in Europe. Switzerland surely is at the top of the list. The burden of government spending is modest by European standards, in part… Read more
Why Are Republicans Willing to Help Obama Make America More Like Europe When the Welfare State Is Collapsing?
Washington frustrates me. The entire town is based on legalized corruption as an unworthy elite figure out new ways of accumulating unearned wealth by skimming money from the nation’s producers…. Read more
I’ve shared BIS and OECD data showing that the United States has a bigger long-run fiscal burden than Europe. That’s a bit of a strained comparison since “Europe” includes fiscally responsible… Read more
Just as “Fair Trade” Means Protectionism for the Benefit of Special Interests, “Fair Tax Competition” Means Tax Harmonization for the Benefit of Politicians
Very few people are willing to admit that they favor protectionism. After all, who wants to embrace a policy associated with the Great Depression? But people sometimes say “I want… Read more