Since we’re talking about a totalitarian nation, I suppose I should make clear that Raul Castro is getting rid of 500,000 government jobs, not executing a half-million bureaucrats. This is a remarkable development, particularly since the entire workforce is only 5 million people. What’s ironic, though, is that Cuba is trying to reverse its mistakes […]
read more...Dana Milbank of the Washington Post wrote this weekend that critics of Keynesianism are somewhat akin to those who believe the earth is flat. He specifically cites the presumably malignant influence of the Cato Institute. Keynes was right, and in this case it’s probably for the better: Keynes didn’t live to see the Republicans of […]
read more...Even though I’ve been in Washington for 25 years, I still get nauseated by the predatory behavior of the looters and moochers. The latest example of disgusting behavior is from the Secretary of Health and Human Services, who is engaging in Hugo Chavez-style threats to block insurance companies from raising rates in response to the […]
read more...Like other forms of so-called stimulus spending, the money devoted to supposed ”green” energy programs has been a net drain on the economy. This is hardly a surprise, particular since the much-trumpeted Spanish experiment turned out to be a flop, destroying two jobs elsewhere in the economy for every green job created. But what is surprising […]
read more...It must be the time of year for confessions. Cuba’s former dictator recently confessed that the Cuban model is a failure. That was a surprise, but now we have a remarkable admission from a Democrat member of Congress, who admits that “if you don’t tie our hands, we will keep stealing.” But since this looter voted for the […]
read more...I touched a raw nerve with my post about Fidel Castro admitting that the Cuban model is a failure. Matthew Yglesias and Brad DeLong both attacked me. DeLong’s post was nothing more than a link to the Yglesias post with a snarky comment about “why can’t we have better think tanks?” Yglesias, to his credit, […]
read more...I got the last word in this debate. More important, I think I had my leftist buddy on the defensive.
read more...Walter Williams periodically has explained that the main beneficiaries of the so-called War on Poverty are all the bureaucrats who have very lucrative jobs in all the various redistribution programs, agencies, and departments. He calls these people “poverty pimps” and asks whether they actually have an incentive to solve problems since that would put their […]
read more...Jonah Goldberg writes in National Review that President Obama is beginning to look like the next Herbert Hoover. This is rather ironic since the left wanted him to become the next Franklin Delano Roosevelt, ushering in a new era of politically-popular statism. …the Great Depression discredited laissez-faire economics for a generation or more. Hoover, who was […]
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