This Bloomberg article reinforces the theme that bureaucrats have plush sinecures while workers in the productive sector of the economy are facing difficult times. But the most shocking number is that state and local governments have underfunded pensions for…
Daily Analysis
Is This One of the Federal Government Responsibilities Listed in the Constitution?
Maybe I have an outdated copy, but I don’t see college football listed in the enumerated powers of the Congress. And it doesn’t seem to be mentioned in any of the amendments. Yet the busybodies in Washington now want to exert their control over how the…
Bureaucrats vs. Taxpayers, Part III:
If you work for the government and you want to feel good about living on Easy Street, check out this link from the Goldwater Institute. But if you’re a taxpayer and don’t want to deal with high blood pressure, you might want to avoid even this small…
England Is Going Nuts…Again.
My jaw is gaping with amazement once more at the hare-brained political correctness that is infecting (or should I say infesting?) the United Kingdom. A story in the Daily Mail states that a recruitment agency was told not to advertise for “reliable” and…
Paulson Should Just Go Away.
Like most statists and interventionists, former Treasury Secretary Henry Paulson raises the economic equivalent of monsters under the bed when justifying more government. Here’s a blurb from a story about his recent testimony on Capitol Hill: …former…
Bureaucrats vs. Taxpayers.
New data from the Bureau of Labor Statistics shows that only 7.2 percent of private-sector workers belong to unions, which makes sense since unions behave in a myopic fashion and undermine competitiveness (and thus reduce jobs in the long run). On the other had,…
Adding Fiscal Insult to Budget Injury.
A recent poll, conducted in early January, shows that the America people are catching on to the stimulus scam. Three-fourths of respondents believe that at least one-half of the money has been wasted. Here’s a brief excerpt from the CNN story, which includes a…
The Global Warming Shakedown.
When people ask me about global warming, or climate change, or whatever they’re calling it now, I freely admit that I’m not a climatologist and thus have no informed opinion on whether the planet is warming due to human activity (or whether this, on net,…
America Is Less Free than Canada?!?
My favorite Heritage Foundation publication (other than the papers I wrote, of course) is the Index of Economic Freedom. The 2010 Index was just released and it is bad news for America. The United States moved significantly in the wrong direction, dropping 2.7 points…
A Victory for the Rule of Law over IRS Bullying.
A Swiss court just threw a wrench in the gears of an IRS effort to impose bad US tax law on an extraterritorial basis, ruling that UBS does not have to hand over data to the American tax authorities. This ruling nullifies an agreement that the Swiss government was…