This has not been a good period of time for California’s moocher class. A public uproar recently forced the state to prevent welfare recipients from using government-provided ATM cards in casinos. Now there’s a similar storm brewing about handouts being obtained using…
Daily Analysis
Canadian Boondoggles and Russia Is More Capitalist than the U.S. (Again)
The G-20 gab-fest is in Canada this weekend, but Canadian taxpayers are definitely not winners. In a display of waste that might even embarrass a French politician, the Canadian government somehow is going to squander $1 billion hosting the event. I can’t even…
European Central Bank President Wants to Exacerbate Continent’s Fiscal Crisis
It’s been amusing, in an I-told-you-so fashion, to follow the fiscal crises in Greece, Spain, and other European welfare states. And I feel like a voyeuristic ghoul as I observe the incredibly misguided bailout policies being adopted by the political elites (who are…
With Vermont Earning the Dubious Distintion of First Place, Northeastern States Dominate the Moocher Index
The Center for Immigration Studies recently put out a study arguing that immigration has had negative effects on California. One of their measures was a comparison of how many people in the state were receiving some form of welfare compared to other states. I found…
Another Reason Why Welfare Is Economically Destructive
I’m normally not a big fan of the Paris-based Organization for Economic Cooperation and Development since it is an international bureaucracy that persecutes low-tax jurisdictions. But the economists at the OECD sometimes do good work (the same can be said of the…