bout a year ago, I spoke at a conference in Europe that attracted a lot of very rich people from all over the continent, as well as a lot of people who manage money for high-net-worth individuals. What made this conference remarkable was not the presentations, though…
Daily Analysis
Europe’s Dismal Outlook
The economic and fiscal crisis in Europe looks worse every day as a growing number of international investors decide that nations such as Greece, Portugal, Italy, and Spain can’t be trusted. As a result, interest rates on government debt are hitting record levels. Not…
American Politicians Should Copy Canada’s Leftist Government of the 1990s and Cap Spending
Since I’ve written before about Canada’s remarkable period of fiscal restraint during the 1990s, I am very pleased to see that the establishment press is finally giving some attention to what our northern neighbors did to reduce the burden of government spending. Here…
What Matters More to Republicans, Defending Taxpayers or Expanding Government?
Yesterday, I unloaded on supposed conservatives who are toying with a tax increase to enable more government spending. Why would they take that route in the “Supercommittee” deliberations, I wondered, when they can deliver a guaranteed victory for taxpayers by holding…
Some “Conservative” Members of the Stupid Party Push for Tax Increases to Enable Bigger Government
What would you do if you saw somebody standing at the top of a skyscraper, about to jump? Would you avert your eyes in horror? Would you watch in dismay as they plummeted to the ground? These are similar to the thoughts that are going through my mind as I watch…
Five Lessons for America from the European Fiscal Crisis
I’ve written about the fiscal implosion in Europe and warned that America faces the same fate if we don’t reform poorly designed entitlement programs such as Medicare and Medicaid. But this new video from the Center for Freedom and Prosperity, narrated by an Italian…
Alan Blinder’s Accidental Case for the Flat Tax
Alan Blinder has a distinguished resume. He’s a professor at Princeton and he served as Vice Chairman of the Federal Reserve. So I was interested to see he authored an attack on the flat tax – and I was happy after I read his column. Why? Well, because his arguments…
The Deadly Impact of FDA Regulation
I recently commented on some astounding numbers showing that each regulatory bureaucrat destroys 100 jobs in the productive sector of the economy. That’s obviously terrible news. Heck, it would be awful if each bureaucrat caused the destruction of 2 private-sector…
Who’s Winning the Race to Fiscal Destruction: Europe or the United States?
Even though the unwashed masses decided that I didn’t win my stimulus debate in New York City, I continue my fight for the hearts and minds of the American people. I’m now taking part in a debate for U.S. News & World Report on “Who Is Handling Its Debt Crisis…
A Lesson on the Laffer Curve for Barack Obama
One of my frustrating missions in life is to educate policy makers on the Laffer Curve. This means teaching folks on the left that tax policy affects incentives to earn and report taxable income. As such, I try to explain, this means it is wrong to assume a simplistic…