I don’t agree with all the points in this column from Real Clear Markets, but I fully agree with the overall theme that the GOP would be wise to cut Bush out of the Party’s history. Like Nixon, he was a failed, big-government statist. The sour economy is presenting…
Daily Analysis
A Spending Quiz from the “Rebel Economist”
My former Heritage Foundation colleague has returned to youtube.com with a video asking taxpayers whether examples of government waste are true or false.
Creating Jobs: The Real World vs. Obamanomics
Michael Fleischer is a brave man. He exposed himself and his company to retribution and attack by explaining how Obama’s policies are discouraging job creation in a column for the Wall Street Journal. Let’s hope he doesn’t mysteriously get audited, because he provides…
Alan Greenspan Should “Man Up” or Drop Out of Sight
John Stossel appropriately scolds the former Federal Reserve Chairman for blaming the financial crisis on the free market. I’ll go one step farther and say that Greenspan’s behavior is a reprehensible example of someone lacking the cojones to take responsibility for…
When Keynesians Attack, Part II
I’m still dealing with the statist echo chamber, having been hit with two additional attacks for the supposed sin of endorsing Reaganomics over Obamanomics (my responses to the other attacks can be found here and here). Some guy at the Atlantic Monthly named Steve…
Taxpayers vs Bureaucrats, Part XXXIX
A very depressing story in USA Today reveals that federal bureaucrats are making more than twice as much as people in the productive sector of the economy. Even worse, the advantage for bureaucrats has jumped from $30K to $62K during the spendaholic Bush-Obama years….
Obama’s Stimulus Highway Signs, Adjusted for Truth-in-Advertising
I don’t like wasteful government spending, but it really adds insult to injury when politicians use my tax dollars for political propaganda. A nauseating example of this practice are the highway signs highlighting how projects are funded by the so-called stimulus. In…
The Destructive Economics of Class-Warfare Taxation
Caroline Baum of Bloomberg has an excellent column explaining why soak-the-rich taxes don’t work. Simply stated, wealthy people are not like you and me. They have tremendous control over the timing, composition, and level of their income. When the rich are hit with…
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…