I wrote a few weeks ago about the hidden economic damage of Obamacare, particularly the harm to the job market. Today, let’s get further depressed by looking at the ever-worsening fiscal damage of the law. Here’s some of what Chuck Blahous of Mercatus wrote about this…
Daily Analysis
Worried About Inequality? Then Focus on Helping the Poor, not Punishing the Rich
I haven’t spent much time writing about Thomas Piketty’s inequality book for the simple reason that my goal is economic liberty, not equality. That being said, I think that Piketty is fundamentally misguided even if the goal is helping the poor. Simply stated,…
Obamacare Could Cause Two Million additional Adults to Leave Labor Force and Become Trapped in Government Dependency
What’s the worst economic development during Obama’s reign? Some would say it’s the higher tax burden. Some would say it’s the wasteful faux stimulus. Others would say it’s the fiscal nightmare of Obamacare. And others would say it’s the loss of millions of…
More Obamacare Failure
If Obamacare is a success, as the White House and establishment media would like us to believe, then why is the Obama Administration so anxious to hide the numbers? After all, surely we haven’t set the bar so low that the Administration can claim victory simply…
Will Taxpayers Be Forced to Bail Out Union Pensions?
As a supporter of genuine capitalism, which means the right of contract and the absence of coercion, I don’t think there should be any policies that help or hinder unions. The government should simply be a neutral referee that enforces contracts and upholds the rule…
The Left’s Pro-Single Payer Health Care Graphic: Right Diagnosis, Wrong Prescription
The new leftist website, Vox, has an article by Sarah Kliff on Vermont’s experiment with a single-payer healthcare system. But I don’t really have much to say about what’s happening in the Green Mountain State, other than to declare that I much prefer healthcare…
Libertarian Porn, Part II
Back in 2010, I shared a video that predicted a catastrophic end to the welfare state. I said it was an example of “Libertarian Porn” because: …it is designed for the dark enjoyment of people who think the government is destroying the nation. If you don’t like bloated…
Denmark’s Party Boat and the Ever-Expanding Welfare State
My all-time most-viewed blog post wasn’t the parable about beer and the tax system. Nor was it the joke about California, Texas, and the Coyote. Those won the silver and bronze trophies. The gold medal belongs to the two pictures that explain how the welfare…
Big Government and Tipping Points: Is America Is Doomed to Become a Failed European-Style Welfare State?
When I give speeches around the country, I often get asked whether it’s time to give up. More specifically, has America reached a tipping point, with too many people riding in the wagon of government dependency and too few people creating wealth and pulling the wagon…
Obamacare Liberating Americans From Productivity
It takes a special skill – or an abundance of chutzpah – to harm a person and then turn around and argue that it was all for their own good. But that’s exactly what the Obama administration, and the sycophants at the New York Times, are doing in…