by Brian Garst | Jan 30, 2012 | Big Government, Blogs, Economic Growth, Economics, Free Market
During his State of the Union speech, President Obama expressed his desire for an “economy built to last,” an oxymoron emblematic of the President’s embrace of Keynesianism and other failed economic philosophies. Simply put, strong economies are not...
by Brian Garst | Dec 15, 2011 | Blogs, Economic Growth, Economics, Taxation
Harry Reid announced recently that millionaire job creators are “imaginary,” just like the “unicorns” that apparently advise him on economics: Senate Majority Leader Harry Reid (D-Nev.) suggested on Monday that millionaires who create jobs are...
by Brian Garst | Nov 10, 2011 | Big Government, Blogs, Competition, Taxation
Yesterday evening, Heritage spotted a conspicuous entry in the day’s publication of the Federal Register, defining a new tax on Christmas trees, which would fund a Christmas Tree Promotion Board. The story quickly blew up and went viral, and now the...
by Brian Garst | Nov 9, 2011 | Blogs, Financial Privacy, Taxation
As CF&P has consistently warned, the Foreign Account Tax Compliance Act passed last year is driving foreign investment out of the US, which means less capital investment for the economy and thus fewer jobs for Americans. A group of Taiwanese banks fed up with the...
by Brian Garst | Nov 2, 2011 | Big Government, Blogs, Bureaucracy, Economics, Government Spending, Government Waste, Keynesian, Regulations
Gregory H. Friedman, Inspector General for the Department of Energy, testified before the House Oversight and Government Reform Committee this morning (Hat-tip: Adam Peshek at the Reason Foundation). Not only was the stimulus based upon bad Keynesian economics, but...
