Investor’s Business Daily has an excellent editorial on fiscal policy, and not just because they quote me. They understand that America’s fiscal problem is spending rather than deficits. They also realize that tax increases are completely misguided since the economy will be less vibrant and politicians will feel more leeway to spend money. The net […]
read more...My former colleague at the Heritage Foundation, Brian Riedl, has a column in the Wall Street Journal today which discusses the degree to which President Bush’s policies can be blamed for current deficits. I think Brian is too easy on Bush’s terrible record as a big spender, but he is 100 percent correct in his […]
read more...I’m used to being attacked, but usually by statists. In a man-bites-dog development, here’s a 12-1/2-minute video dedicated to the proposition that I was hopelessly squishy in my Rahn Curve video. What makes this situation rather ironic is that I agree with the guy tearing me a new you-know-what. But this is also my defense. […]
read more...I like poking fun at French politicians for being hopeless statists, and I always assumed that French voters shared their collectivist sympathies. But according to new polling data reported by the Financial Times, there may be a Tea Party revolt brewing in France. Among major European nations, the French are most in favor of smaller government. […]
read more...Eline van den Broek probably is not happy today since she was in South Africa watching her team lose a high-scoring battle with Spain, but she should be very proud of the new video she narrated that urges the repeal of Obamacare – and also points out some of the other reforms that are needed to […]
read more...According to a new poll from a Democratic firm, an astounding 55 percent of people think “socialist” is a term that describes Obama. Here’s a blurb from a National Review post. Deep in the poll, they ask, “Now, I am going to read you a list of words and phrases which people use to describe […]
read more...Nicole Gelinas has been one of the most astute observers of how government has screwed up the financial system and her column in the Washington Examiner is an excellent summary of why the Dodd-Frank bill is a step in the wrong direction. For 25 years, Washington has done everything in its power to subsidize Americans’ […]
read more...Much of the economic debate in Washington revolves around the silly Keynesian notion that politicians can stimulate an economy by borrowing money from the private sector and using the funds to make government bigger. That didn’t work for Hoover and Roosevelt during the 1930s, Japan during the 1990s, Bush in 2008, or Obama last year […]
read more...I’m out in Sin City for the annual FreedomFest conference, where I moderated a debate earlier today on whether consumer spending or investment spending was the key to economic growth. As you can imagine, it was horribly painful for me to keep from injecting my two cents in the discussion, so I figured I would […]
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