Author Archives : Dan Mitchell
The GOP “Pledge” Doesn’t Go Far Enough: There Should Be No Federal Government Role in Housing
Considering they could have sat on their hands and relied on unhappy voters to give them big gains in November, I’m not too unhappy about the House GOP’s “Pledge to America.” Yes, it’s mostly filled with inoffensive motherhood-and-apple-pie language, but at least there’s some rhetoric about reining in excessive government. After eight years of fiscal […]
read more...Bashing Bailouts and Inflexible Unions
No CAP bedwetter to debate in this segment.
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Strangling Entrepreneurship and Job Creation with $1.75 Trillion of Regulation and Red Tape
A new study from the Small Business Administration’s Office of Advocacy concludes that annual regulatory costs jumped by nearly $600 billion between 2005 and 2008. Thanks to the Obama Administration’s big-government agenda, the burden of red tape today doubtlessly is much higher, but the 2008 estimate is enough to generate some very sobering numbers. A $1.75 […]
read more...It’s Simple to Balance the Budget without Higher Taxes
John Podesta of the Center for American Progress had a column in Politico yesterday asserting that “closing the budget gap entirely on the spending side would require draconian programmatic cuts.” He went on to complain that there are some people who “refuse to look at the revenue side of the ledger – while insisting that […]
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Obama Wants a 23.9% Capital Gains Tax, but the Rate Actually Will Be Much Higher Because of Inflation
Thanks to the Obamacare legislation, we already know there will be a new 3.9 percent payroll tax on all investment income earned by so-called rich taxpayers beginning in 2013. And the capital gains tax rate will jump to 20 percent next year if the President gets his way. This sounds bad (and it is), but the news […]
read more...Russian Government Announces 20 Percent Reduction in Number of Bureaucrats
I’ve already commented on Cuba’s surprising announcement to slash the number of government workers. And I’ve complained about the federal workforce expanding in the United States. This is not what one would expect when comparing policy developments in a communist nation and a (supposedly) capitalist nation. Well, Russia wisely is following the Cuban approach on […]
read more...Giving Cops Bad Incentives to Harass Victimless Behavior
The Washington Post has an interesting report about the huge amount of money that Fairfax County spends to go after gambling. The story cites critics who ask “why law enforcement spends valuable time and money on combating sports gambling. The answer is obvious – and explicit in the story: “…police in Virginia are allowed to […]
read more...The Recycling Scam
Jeff Jacoby analyzes the absurd tendency of local governments to coerce residents into costly – and inefficient – recycling programs. As a resident of Fairfascist…oops, I mean Fairfax…County in Virginia, I already am painfully aware of this bureaucratic impulse. …[R]ecyclables will all go into 64-gallon “toters,’’ which will be emptied at curbside on trash day. […]
read more...The Environmentalist Death Toll
National Review has a column reviewing a new book, 3 Billion and Counting, that dissects the harsh human cost of banning DDT. There are things that should be banned, of course, but such decisions should be based on sound science and cost-benefit analysis. Sadly, that’s not what happened with the politically-motivated decision to ban this […]
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