Proponents of sound science and economic growth certainly have many reasons to be happy. The global-warming crowd has been exposed as a bunch of fraudsters, the Copenhagen “climate change” summit collapsed in failure, and there now appears to be no chance…
Daily Analysis
Great Moments in Local Government.
I’d say only a government would be stupid enough to sign a contract that obligates them to pay somebody more than $100K each year for doing nothing, though it’s possible the corporate bureaucrats at the auto companies may have done something equally…
Greetings from Canada.
I’m just back from a swing through Canada, giving speeches for the Fraser Institute to audiences in Vancouver, Calgary, and Toronto. I’ve been talking about the size of government and the future of capitalism. As you might imagine, several people have…
The Debilitating Economic Consequences of Bigger Government.
While speaking in Canada last week, I authored a column in the Financial Post. I hope the entire piece is worth reading, but here are a few of the highlights: The Obama Administration claimed that spending more money would keep the unemployment rate below 8% in the…
Volcker Is Right about "Resolution Authority."
As I noted a few days ago, Paulson’s bailout was the worst possible way to do a bad thing. To the extent that the government had to inject money into the financial system, I explained, it would have been far better to use the “FDIC Resolution”…
Bureaucrats vs. Taxpayers, Part V.
This may not be as dumbfounding as being told not to advertise for reliable people in England, but I certainly was shocked to see that nearly one-in-five federal bureaucrats is paid more than $100,000 – and that doesn’t even include overtime and bonuses!…
Republicans Are Hypocritical, but Correct.
Steve Chapman skewers Republicans for being the party of big government when they were in power, but also notes that they are right to criticize Obama’s reckless fiscal policies. Chapman hopes that the GOP will actually propose to shrink the burden of…
Bureaucrats vs. Taxpayers, Part IV.
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…
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Maybe I have an outdated copy, but I don’t see college football listed in the enumerated powers of the Congress.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…