Even though I have remarked on many occasions that the burden of government was reduced during the Clinton years, that doesn’t mean Bill Clinton was in favor of smaller government. And it definitely doesn’t mean that his appointees believed in economic liberty….
Daily Analysis
Room for Defense Cuts
Pending sequestration cuts are hanging in the air over DC, with politicians squirming under the prospect of actually putting a limit of any kind on spending. There’s a particular debate raging over the propriety of the spending cuts set to hit defense and what…
An Invaluable Economic History Lesson from Thomas Sowell: Politicians Should Only “Do Something” If that Means Doing Less
The great Ronald Reagan famously said (and I am paraphrasing, since I do not remember the exact phrase) that the most dangerous words in the English language were “I am from Washington and I am here to help you.” Those are very wise words, especially when we think of…
A Picture Says a Thousand Words: President Obama’s Dismal Failure on Jobs
If it wasn’t for the fact that so many people are suffering and being seduced into empty lives of government dependency (symbolized by Julia, the world’s most disappointing daughter), I might feel sorry for President Obama. He promised unemployment would never climb…
Does the $16 Trillion Debt Matter? A Remedial Lesson in Public Finance Economics for the GOP
Everyone has a cross to bear in life, some sort of burden or obligation, often self-imposed. For some inexplicable reason, I’ve decided that one of my responsibilities is to educate a backwards and primitive people who seem impervious to common sense, simple logic,…
Another Dismal Assessment of Obamanomics: United States Drops to 7th in WEF’s Global Competitiveness Index
Every year, I look forward to the annual releases of both Economic Freedom of the World and the Index of Economic Freedom. With their comprehensive rankings, these two publications enable interested parties to compare nations and see which countries are moving in the…
Spending Cuts and Tax Cuts Should Be an All-of-the-Above Option, Not an Either-Or Choice
I’m in Slovenia where I just finished indoctrinating educating a bunch of students on the importance of Mitchell’s Golden Rule as a means of restraining the burden of government spending. And I emphasized that the fiscal problem in Europe is the size of government,…
Maybe It Is Possible to Reform Health Entitlements
I’m never guilty of being an optimist, but two items caught my attention today that suggest the tide may be turning on entitlement reform. We’ll start with something from the New York Times. Regular readers know that I’ve criticized that paper on a few occasions….
It’s Simple to Balance the Budget with Modest Spending Restraint
Now that new numbers have been released by the Congressional Budget Office, it’s time once again for me to show how easy it is to balance the budget with modest spending restraint (though please remember our goal should be smaller government, not fiscal balance). I…
A Video on America’s Looming Fiscal Collapse from the Folks at Government Gone Wild
Here’s a riddle for policy wonks. What do you get if you take my videos on the economics of government spending and mix them in a blender with my videos on America’s entitlement crisis? You get this concise but compelling video from the Blaise Ingoglia at Government…