Regular readers know I complain about the army of overpaid bureaucrats in Washington, but that’s just the tip of the iceberg. The larger problem is that Washington also is filled with hundreds of thousands of other people who get rich thanks to big government. And these politicians, lobbyists, crony capitalists, interest groups, contractors, and influence […]

There’s a joke in Washington that Democrats are the evil party and Republicans are the stupid party. Except this joke isn’t very funny since a lot of bad policy occurs when gullible GOPers get lured into “bipartisan” deals that expand government. Consider, for example, all the tax-hiking budget deals – such as the “read my […]

While I’m critical of the overall design and impact of President Obama’s economic policy, I don’t have a partisan agenda and I’m willing to give the White House credit when it’s warranted. I’ve pointed out, for instance, that Obama has increased spending at a slower rate than his GOP predecessor. That may be damning with […]

It’s no secret that I think we have too many government bureaucrats and I’ve shared very strong evidence that most of them are grossly overpaid. I also have shown some data suggesting that they don’t work very hard, though I confess to mixed feelings about that factoid since I’d rather have some bureaucrats goofing off […]

President Obama has presided over a terrible jobs market. Unemployment is more than two-percentage points higher today than the White House claimed it would be if the so-called stimulus was enacted. Even more worrisome, the employment-population ratio seems to have permanently fallen, which is bad news for economic performance since our output is a function […]

I’ve periodically used “Schadenfreude” to describe my feelings about certain issues. Maybe this makes me a bad person, but I’ve openly admitted to a perverse sense of happiness at the misfortune of others when, for instance, France’s class-warfare tax policy backfired because successful taxpayers emigrated. And I’ve expressed similar amusement when writing about Europe’s fiscal […]

When I wrote a few days ago about the “Continuing Obamacare Disaster,” I didn’t realize I was understating the problems with the President’s boondoggle scheme. Now that the law’s been passed and implemented, the American people are finally finding out what’s in it (per Nancy Pelosi) and they’re not happy. Indeed, they’re so unhappy that […]

Switzerland’s left-wing party has instigated a referendum for November 24 that asks voters to limit pay ranges so that a company wouldn’t be able to pay top employees more than 12 times what they’re paying their lowest-level employees. I talked with Neil Cavuto about this proposal and made several (hopefully) cogent points. Since Swiss voters […]