Yesterday, I unloaded on supposed conservatives who are toying with a tax increase to enable more government spending. Why would they take that route in the “Supercommittee” deliberations, I wondered, when they can deliver a guaranteed victory for taxpayers by holding…
Daily Analysis
Some “Conservative” Members of the Stupid Party Push for Tax Increases to Enable Bigger Government
What would you do if you saw somebody standing at the top of a skyscraper, about to jump? Would you avert your eyes in horror? Would you watch in dismay as they plummeted to the ground? These are similar to the thoughts that are going through my mind as I watch…
Five Lessons for America from the European Fiscal Crisis
I’ve written about the fiscal implosion in Europe and warned that America faces the same fate if we don’t reform poorly designed entitlement programs such as Medicare and Medicaid. But this new video from the Center for Freedom and Prosperity, narrated by an Italian…
Explaining How to Solve America’s Fiscal Crisis
I didn’t have the fun of dealing with the OccupyWashington protestors at the Americans for Prosperity conference, but I did speak to the audience about America’s looming fiscal nightmare. The video quality isn’t perfect, though it came out better than the recording of…
Per Dollar Spent, OECD Subsidies May Be the Most Destructively Wasteful Part of the Federal Budget
I’m not a fan of international bureaucracies. I’ve criticized the United Nations for wanting global taxes. I’ve condemned the International Monetary Fund for promoting bigger government. I’ve even excoriated the largely unknown Basel Committee on Banking Supervision…
Will the Stupid Party Agree to Higher Taxes and More Wasteful Spending?
I’m baffled by stupid Republicans (sorry to be redundant). Some GOPers have agreed to put taxes on the table. Not surprisingly, Democrats are praising them for this preemptive surrender, patting these Republicans on the head for being good little lapdogs. (The…
Mitt Romney, Mitchell’s Golden Rule, and “Absolutely Essential” Government Spending
I’ve dinged Mitt Romney for his less-than-stellar record on healthcare, his weakness on Social Security reform, and his reprehensible support for ethanol subsidies, but I haven’t bothered to address his budget plan – in part because it seemed rather underwhelming….
Who’s Winning the Race to Fiscal Destruction: Europe or the United States?
Even though the unwashed masses decided that I didn’t win my stimulus debate in New York City, I continue my fight for the hearts and minds of the American people. I’m now taking part in a debate for U.S. News & World Report on “Who Is Handling Its Debt Crisis…
A Supercommittee Tax-Hike Surrender Means Republicans Would Snatch Defeat from the Jaws of Victory
Commenting on Supercommittee deliberations last month, I asked whether Republicans will choose the real budgetary savings of a sequester or surrender to a tax hike. Well, it appears that the GOP likes being known as the Stupid Party and is seriously considering a plan…
Compulsive Spendaholics: The Unfortunate Similarity of Bush/Obama and Hoover/Roosevelt
I’ve pointed out on several occasions that Herbert Hoover was a big-spending Keynesian. Heck, Hoover was pursuing failed Keynesian policies several years before Keynes produced his most well-known book, The General Theory. Hoover’s big spending was so pronounced that…