In my fiscal policy speeches, I sometimes try to get a laugh out of audiences by including a Powerpoint slide with this image. Leading up to this slide, I talk about the Armey/Forbes flat tax and explain that it would eliminate the corrupt internal revenue code and replace it with a simple 10-line postcard. But […]

Maybe elections have consequences after all. Bolstered by the populist uprising against bloated and wasteful government, politicians in Washington actually defended the interests of taxpayers yesterday. Not just once, but twice. Our first bit of holiday cheer comes from the Washington Post, which reports that the House of Representatives (still controlled by Democrats) voted to […]

The title of this post may be a slight exaggeration. I actually recommend you read the entire two-page paper by Devon Herrick of the National Center for Policy Analysis. But this chart from that study is an excellent visual display of what’s wrong with the health care system. You can see that the price of […]

I’ve already posted about the nut who claimed that global warming was causing AIDS, so I guess I shouldn’t be too surprised that a writer for the New Republic says global warming may lead to genocide. But that may not be the silliest thing said by a left winger in the past couple of days. […]

Here’s a new video from the Taxpayers Alliance in the United Kingdom exposing how left-wing environmental groups get funded by government handouts.

Compared to ideal policy, the deal announced last night between congressional Republicans and President Obama is terrible. Compared to what I expected to happen, the deal announced last night is pretty good. In other words, grading this package depends on your benchmark. This is why reaction has been all over the map, featuring dour assessments […]

In his latest Bloomberg column, Kevin Hassett of the American Enterprise Institute notes that research from places such as Harvard and the International Monetary Fund confirms that spending restraint is the way to successfully reduce red ink – and it’s also the way to improve economic performance. The antidote to fiscal crisis is fiscal consolidation… […]

Fed Chairman Ben Bernanke is at it again, giving an interview that combines all of the worst features of Keynesian economics. I have an excerpt below from a New York Times report, which features an amazing amount of mistakes in a very short amount of space. Here are three that demand correction.