Tag Archives: Greece
With the Nation Facing a Fiscal Crisis, Why Are Greek Taxpayers Subsidizing a Big Bird-Type State-Run Media Network?!?
couple of years ago, I shared a chart that powerfully demonstrated why Greece was in fiscal crisis. The chart, which showed the explosive growth of the government bureaucracy, also provided… Read more
Are there any fact checkers at the New York Times? Since they’ve allowed some glaring mistakes by Paul Krugman (see here and here), I guess the answer is no. But… Read more
I wrote yesterday that the United Kingdom is doomed because there isn’t a political party with the vision or courage to restrain the welfare state. At various points, I’ve also… Read more
Europe’s Self-Inflicted Decline: French Taxing, Italian Regulating, Greek Mooching, and IMF Economic Illiteracy
Every day brings more and more evidence that Obamanomics is failing in Europe. I wrote some “Observations on the European Farce” last week, but the news this morning is even… Read more
To answer the question in the title, it means you need to read the fine print. This is because we have a president who thinks the government shouldn’t confiscate more… Read more
With both France and Greece deciding to jump out of the left-wing frying pan into the even-more-left-wing fire, European fiscal policy has become quite a controversial topic. But I find… Read more
With the exception of a few top-notch thinkers such as Pierre Bessard and Allister Heath, there are very few people in Europe who can intelligently analyze public policy, particularly with… Read more
Why is big government bad for an economy? The easy answer is that big government usually means high tax rates, and this penalizes work, saving, investment, and entrepreneurship. And perhaps… Read more
If Even the International Monetary Fund Acknowledges the Laffer Curve, Why Doesn’t Obama Realize that Higher Tax Rates are All Pain and No Gain?
I speculated last year that the political elite finally might be realizing that higher tax rates are not the solution to Greece’s fiscal situation. Simply stated, you can only squeeze… Read more