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Tag Archives: fiscal policy

The Hidden Economic Damage of Obamacare

The Hidden Economic Damage of Obamacare

Obamacare resulted in big increases in the fiscal burden of government(ironically, it would be even worse if Obama hadn’t unilaterally suspended parts of the law). The legislation increased government spending, mostly for expanded Medicaidand… Read more »

Obama-Style Taxation Is Causing an Economic Train Wreck in Europe

Obama-Style Taxation Is Causing an Economic Train Wreck in Europe

I wrote the other day that Americans, regardless of all the bad policy we get from Washington, should be thankful we’re not stuck in a hellhole like Venezuela. But we also should… Read more »

Paul Martin: The Bill Clinton of Canada, Only Much Better

Paul Martin: The Bill Clinton of Canada, Only Much Better

Imagine how weird it would be if the Cato Institute and Americans for Tax Reform praised Barack Obama for fiscal responsibility. And think how inconceivable it would be for the… Read more »

More Evidence for the Laffer Curve and Lower Corporate Tax Rates

More Evidence for the Laffer Curve and Lower Corporate Tax Rates

When the new Tory-led government came to power in the United Kingdom, I was rather unimpressed. David Cameron positioned himself as a British version of George W. Bush, full of “compassionate… Read more »

Spending Restraint Is Good Short-Run Policy and Good Long-Run Policy

Spending Restraint Is Good Short-Run Policy and Good Long-Run Policy

Regular readers know that good fiscal policy takes place when government spending grows slower than the private economy. Nations that maintain this Golden Rule for extended periods of time shrink the relative burden… Read more »

France Wipes Out on the Laffer Curve

France Wipes Out on the Laffer Curve

If you appreciate the common-sense notion of the Laffer Curve, you’re in for a treat. Today’s column will discuss the revelation that Francois Hollande’s class-warfare tax hikes have not raised nearly as much… Read more »

Will Chile’s Politicians Ruin the Latin Tiger?

Will Chile’s Politicians Ruin the Latin Tiger?

here aren’t any nations with pure libertarian economic policy, but there are a handful of jurisdictions that deserve praise, either because they have comparatively low levels of statism or because… Read more »

A Taxapalooza: More Taxpayer-Subsidized Agitation for Class Warfare by the OECD

A Taxapalooza: More Taxpayer-Subsidized Agitation for Class Warfare by the OECD

I’ve already written about how the Paris-based Organization for Economic Cooperation and Development (OECD), which is heavily subsidized by American taxpayers, is advocating for bigger government. I’m especially irked that the… Read more »

Like Father, Like Son: Thanks in Part to a Disastrous Tax-Hike Deal, the First President Bush Was a Statist

Like Father, Like Son: Thanks in Part to a Disastrous Tax-Hike Deal, the First President Bush Was a Statist

The establishment fervently believes that more money should come to Washington so that politicians have greater ability to buy votes. That’s why statists from both parties are so viscerally hostile to Grover Norquist’s… Read more »