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Tag Archives: Obama

Barack Obama’s $8 Trillion Output Gap

Barack Obama’s $8 Trillion Output Gap

I’m not a very exciting guy. It’s Saturday afternoon and I’m perusing the Budget and Economic Outlook from the Congressional Budget Office. But sometimes it pays to be a nerd… Read more »

The Overlooked Jobs Tragedy

The Overlooked Jobs Tragedy

When the monthly job numbers are released, most people focus on the unemployment rate. On many occasions, I’ve cited that number, usually to point out that the unemployment rate is… Read more »

Early Details Show Obama Will Propose a Bait-and-Switch Budget Plan Containing Higher Taxes and More Spending

Early Details Show Obama Will Propose a Bait-and-Switch Budget Plan Containing Higher Taxes and More Spending

Are we about to see a new kinder-and-gentler Obama? Has the tax-and-spend President of the past four years been replaced by a fiscal moderate? That’s certainly the spin we’re getting… Read more »

What Can We Learn by Comparing the Employment Situation in Texas vs. California?

What Can We Learn by Comparing the Employment Situation in Texas vs. California?

One of the great things about federalism, above and beyond the fact that it both constrains the power of governments and is faithful to the Constitution, is that is turns… Read more »

Apparently Learning Nothing from the Fannie Mae-Freddie Mac Disaster, the Obama Administration Wants to Subsidize Banks to Make More Dodgy Loans

Apparently Learning Nothing from the Fannie Mae-Freddie Mac Disaster, the Obama Administration Wants to Subsidize Banks to Make More Dodgy Loans

The Obama Administration is proposing to once again put the economy at risk by subsidizing banks to give mortgages to people with poor credit, even though we’re still dealing with the economic and fiscal damage caused by the last episode of government housing subsidies!

Obama Suffers a Painful Loss in the First Big Fiscal Battle of His Second Term

Obama Suffers a Painful Loss in the First Big Fiscal Battle of His Second Term

The statist agenda of ever-growing government requires more money going to Washington, which is why I think that proponents of limited government should do everything they can to block tax… Read more »

Debunking Sequester Hysteria from the Big Spenders in Washington

Debunking Sequester Hysteria from the Big Spenders in Washington

I shared a couple of amusing sequester cartoons the other day, and I’ve previously written about the absurdity of anti-sequester hysteria in Washington when all it means is that the… Read more »

Corporate Jet Loopholes, Depreciation, and Common-Sense Tax Policy

Corporate Jet Loopholes, Depreciation, and Common-Sense Tax Policy

I’m not a fan of loopholes in the tax code. I’ve complained about the number of pages in the tax code, the number of provisions in the tax code, and… Read more »

Is Anybody Surprised that the First Bottle of Tax Booze Didn’t Cure the Spendaholics?

Is Anybody Surprised that the First Bottle of Tax Booze Didn’t Cure the Spendaholics?

Those of you old enough to remember the Cold War may remember something called the Brezhnev Doctrine. This was the rule concocted by the Soviet tyrants that basically said a… Read more »

From Employment to Savings, Bad Government Policy Is Undermining the U.S. Economy

From Employment to Savings, Bad Government Policy Is Undermining the U.S. Economy

First, some good news. The United States is in much better shape than most other developed nations, particularly if you look at broad measures of prosperity and living standards. And… Read more »