Daily Analysis

Taxpayers vs Bureaucrats, Part XXXVIII

You know that bureaucrats are getting wildly overcompensated if even the New York Times is publishing articles about the problem. The article notes that there is a nationwide problem, and then cites developments in Colorado, where lawmakers actually took a tiny step…

Can Governor Christie Save New Jersey?

My default assumption is that all politicians will do the wrong thing when they have to choose between defending freedom and appeasing special interests. Even the ones that spout good rhetoric often do the wrong thing, particularly after a couple of years in office…

Reaganomics vs Obamanomics

Appearing on MSNBC, I explain why Reagan’s approach helped America. But I also warn that Obama is making America more like France. For inexplicable reasons, some people have been giving me a hard time about my very snazzy jacket.

Shocking News: Political Class Wants Unlimited Power

While the public is rightly skeptical of granting our government overlords unlimited power – which they are busy gathering for themselves nonetheless – there’s one group of people who think it would be just dandy to grant limitless power to the…

Great Moments in Local Government

Julie Murphy is obviously a dangerous criminal. What else would you call a 7-year-old girl who does something as dangerous and illegal as operating a lemonade stand without getting a $120 temporary restaurant license? Fortunately, the health and safety of the people…

Taxpayers vs Bureaucrats, Part XXXVII

If you have municipal bonds issued by the city of Los Angeles, you may want to dump them while there’s still time. The LA Times reports that one-third of the city’s budget in 2015 will get consumed by pensions and benefits for retired bureaucrats. The cost of…

Responding to Paul Krugman and Ezra Klein

I seem to have touched a raw nerve with my post earlier today comparing Reagan and Obama on how well the economy performed coming out of recession. Both Ezra Klein and Paul Krugman have denounced my analysis (actually, they denounced me approving of Richard Rahn’s…