Imagine having your child suspended for two years because he took a toy gun to school. Sounds absurd, right? Well, it’s real life in Broward County, Florida. Samuel Burgos has fond memories of his friends at school, but he only gets to see them in pictures now. The 8-year-old boy hasn’t been in school for […]
read more...Not that we need more evidence, but here are two new items confirming the absurdity of thinking that bigger government is stimulus. First, we have a story from Los Angeles revealing that the city only created 55 jobs with $111 million of stimulus funds. This translates to a per-job cost of $2 million, which is […]
read more...Okay, I’m biased, but Cato stood up against the so-called stimulus when others were quiet. Cato was against Obamacare, even back when it was called Romneycare. Now, we’re leading the fight on restraining Leviathan. The image below is our new full-page ad on cutting wasteful programs, agencies, and departments – and asking Obama to fulfill […]
read more...Steve Chapman points out that the Tea Party movement (like any other large group of people) has a few odd characters, but he is delighted that there is a growing mass of citizens who think it’s important to restrain government and not impose burdens of future generations. Here’s my first impression of the tea party […]
read more...I don’t know if this is hope or change, but the United States fell from 2nd to 9th in the Forbes index of “Best Countries for Business.” Denmark is first, which may be a surprise, but the Scandinavian country is very free market other than fiscal policy. Hong Kong, meanwhile, enjoyed the biggest increase. The […]
read more...By choosing not to use the economic downturn as an excuse for more wasteful spending, Germany may have avoided Obama’s big mistake, but that does not mean German conservatives and Angela Merkel are supporters of economic liberty and individual freedom. Not even close. A good (or should I say “bad”) example of Merkel’s statist mindset […]
read more...Alberto Alesina of Harvard’s economics department summarizes some of his research in a column for today’s Wall Street Journal. He and a colleague looked at fiscal policy changes in developed nations and found very strong evidence that spending reductions boost growth. This, of course, contrasts with the lack of evidence for the Keynesian notion that […]
read more...I am pleasantly shocked to see that a healthy majority of respondents favor partial privatization of Social Security. I knew support was reasonably strong several years ago, but I feared that the financial crisis would have made Americans more leery of financial markets. I also wondered whether the idea was discredited by its association with […]
read more...The Census Bureau will be releasing new poverty-rate numbers on Thursday and the numbers are expected to show a big move in the wrong direction. Much of the coverage will be on how much the poverty rate increases, with 15 percent being a likely amount according to some estimate. There also will be lots of […]
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