I have great sympathy for almost all segments of the population that have been disadvantaged by Obamacare. Among the victims are many relatively powerless people, including children, low-income workers, and retirees. It’s equally tragic that millions of families – notwithstanding the President’s oft-repeated promise – already have lost their insurance plans, and it’s a crisis […]
read more...Every so often, when the temptation is too great, I’ll comment on something written by Paul Krugman. When he botched his analysis of Estonia, for instance, I joined that nation’s President in correcting some egregious errors. And I periodically remind people that Krugman was wildly wrong to deny the scandalous shortcomings of the government-run health […]
read more...One of my first blog posts, way back in 2009, was about bureaucrats from the Social Security Administration squandering more than $700,000 on a boondoggle conference at a fancy Arizona resort. To pick a more recent example, taxpayers have plenty of reasons to be upset about IRS bureaucrats partying at their fancy conferences (including line […]
read more...I greatly admire the way some political cartoonists are able to effectively capture the essence of an issue. And when it comes to government, I’ve always enjoyed the cartoons that portray the state as a blundering, often-malicious, overweight nitwit. But I don’t recall ever seeing a cartoon that manages to illustrate the real nature of […]
read more...My friend Dr. Eduardo Morgan Jr. recently published an article for La Estrella de Panamá, in which he succinctly summarizes not only the goals of but also the significant problems with the Foreign Account Tax Compliance Act. The Intergovernmental Agreement (IGA) was created purposely to soften the fierce opposition of the global banking industry to […]
read more...Regular readers know I complain about the army of overpaid bureaucrats in Washington, but that’s just the tip of the iceberg. The larger problem is that Washington also is filled with hundreds of thousands of other people who get rich thanks to big government. And these politicians, lobbyists, crony capitalists, interest groups, contractors, and influence […]
read more...There’s a joke in Washington that Democrats are the evil party and Republicans are the stupid party. Except this joke isn’t very funny since a lot of bad policy occurs when gullible GOPers get lured into “bipartisan” deals that expand government. Consider, for example, all the tax-hiking budget deals – such as the “read my […]
read more...While I’m critical of the overall design and impact of President Obama’s economic policy, I don’t have a partisan agenda and I’m willing to give the White House credit when it’s warranted. I’ve pointed out, for instance, that Obama has increased spending at a slower rate than his GOP predecessor. That may be damning with […]
read more...It’s no secret that I think we have too many government bureaucrats and I’ve shared very strong evidence that most of them are grossly overpaid. I also have shown some data suggesting that they don’t work very hard, though I confess to mixed feelings about that factoid since I’d rather have some bureaucrats goofing off […]
read more...President Obama has presided over a terrible jobs market. Unemployment is more than two-percentage points higher today than the White House claimed it would be if the so-called stimulus was enacted. Even more worrisome, the employment-population ratio seems to have permanently fallen, which is bad news for economic performance since our output is a function […]
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