Balanced budgets are fine. Spending caps are better.
Daily Analysis
Fiscal Fights with Friends, Part II: Grading AEI’s Big-Picture Tax and Budget Reform
Finding the good and the bad in AEI’s plan.
Instead of Ending Poverty, Big Government Subsidizes Dependency
Obama’s unimpressive call for more statism
Another Edition of Great Moments in Government Waste, Malfeasance, and Foolishness
Another government agency exposed for mismanagement and waste.
Everything You Need to Know about France in a Single Story
No wonder the OECD is based in Paris.
The Ticking Fiscal Time Bomb of Social Security
Social Security spending is climbing too fast and consuming an ever-larger share of economic output.
Great News from Michigan as Voters Reject Political Elite’s Tax-Hike Scheme
Voters reject a big time tax increase.
The World’s (or at least Denmark’s) Most Depressing PowerPoint Slide
It’s very hard to be optimistic about Denmark given what this chart shows.
IMF Proposes to Sabotage China’s Economy
IMF bureaucrats want China to become more like France and Greece.
More Anti-Factual Analysis from Paul Krugman
Krugman is apparently still allergic to facts.