There’s an old joke about two guys camping in the woods, when suddenly they see a hungry bear charging over a hill in their direction. One of the guys starts lacing up his sneakers and his friend says, “What are you doing? You can’t outrun a bear.” The other guys…
Daily Analysis
Great Moments in Wasteful Spending…or Great Moments in Bizarre Regulation?
Every so often, I share stories about the ridiculous and outrageous way in which the federal government squanders our money. So when I saw this New York Post story about the feds pissing away a six-figure sum on condom research, I figured this would be a perfect…
Washington’s Over-Compensated Shadow Bureaucracy and the Real Income-Inequality Problem
One of my most widely read – but also most depressing – articles was from about two years ago and it exposed the fact that Washington, DC, is now the nation’s richest region. I explained that Washington is rich because of unearned wealth. Almost all of the loot that…
Bipartisanship Is Generally a Good Thing…but for Politicians rather than Taxpayers
If you like to go along to get along, I suggest you don’t become a libertarian. At least not if you follow politics or work in Washington. Otherwise, you’re doomed to a life of endlessly pointing out that the emperor has no clothes. Here are three examples. 1. When…
A Golden Rule Christmas
Jay Leno had the all-time best Christmas joke and the school bureaucrats in Haymarket, VA, win the prize for the all-time worst example of anti-Christmas lunacy. But I must win the prize for being the biggest Christmas policy dork. I make this confession freely…
Instead of a Government-Guaranteed Income, How About a Practical Plan to End the Washington Welfare State?
The welfare state is a nightmare. Programs such as Medicaid are fiscal catastrophes. The food stamp program is riddled with waste. The EITC is easily defrauded, even sending checks to prisoners. And housing subsidies are a recipe for the worst forms of social…
Block Granting and Decentralization: The Sensible Way of Reducing Rampant Medicaid Fraud
When you work in Washington (and assuming you haven’t been corrupted), you run the risk of being endlessly outraged about all the waste. But not all waste is created equal. Some examples are so absurd that they deserve special attention. Forcing taxpayers to pay…
Ryan-Murray Budget Deal Replaces Real Spending Restraint of Sequester with Budget Gimmicks and Back-Door Tax Hikes
How Disappointing, but how predictable. Politicians approved legislation in 2011 that was supposed to impose a modest bit of spending restraint over the next 10 years. It wasn’t much. The enforcement mechanism, known as sequestration, merely was supposed to guarantee…
The “Stupid Party” Strikes Again: Congressional Republicans Poised to Give Up Sequester Victory
There’s a saying in the sports world about how last-minute comebacks are examples of “snatching victory from the jaws of defeat.” I don’t like that phrase because it reminds me of the painful way my beloved Georgia Bulldogs were defeated a couple of weeks ago by…
Special Interest Cronies Join Forces to Fight Sequester
The sequester was a victory for advocates of small government and a major defeat for the Obama administration. It was also a defeat for the special interest bottom feeders who leech off the American taxpayer. But they’re not going down quietly: The defense…