I’ve written before that Obama’s Solyndra-style handouts have been a grotesque waste of tax dollars. I’ve argued that they destroy jobs rather than create jobs. I’ve gone on TV to explain why government intervention in energy creates a cesspool of cronyism. I’ve even…
Daily Analysis
Tax Havens and Tax Competition Are Crucial if We Want to Restrain Predatory Government
I’m very worried about America’s fiscal future. Simply stated, data from several sources (BIS, OECD, and IMF) indicates that we face a future Greek-style fiscal crisis unless policy makers implement genuine entitlement reform. Unfortunately, politicians have little…
Turning New York City into Detroit?
I recently speculated whether Detroit’s fiscal problems should be a warning sign for the crowd in Washington. The answer, of course, is yes, though it’s not a perfect analogy. The federal government is in deep trouble because of unsustainable entitlement programs…
Excellent Washington Post Editorial (Yes, Really) on School Choice
School choice should be a slam-dunk issue. There’s very powerful evidence that we can provide superior education for lower cost if we shift away from monopoly government schools to a system based on parental choice. Yet some leftists oppose this reform, even though…
What’s More Worrisome, Big Brother Monitoring Where You Drive or Big Brother Controlling How You Drive?
If you don’t like the NSA collecting and monitoring all your communications, you probably won’t be thrilled about new technologies that will give government power to monitor where you drive and control how you drive. Let’s look at a couple of options and then ponder…
Even Scandinavian Welfare States Realize Too Much Dependency and Too Many Handouts Are Destructive
We’re making a tiny bit of progress in the battle against the welfare state. No, policy hasn’t changed yet, but at least there’s growing recognition that maybe, just maybe, it’s not a good idea to pay people not to work. Particularly when you trap them in lives of…
Mark Steyn Correctly Worries about Obama’s Looming Syrian Adventure
I’ve already shared some analysis of Mark Steyn’s libertarian-leaning views on foreign policy, so it’s very timely to see what he just wrote about Syria. Here’s some of his new article in National Review. His humor is sharp, but he makes a very important point. The…
A Funny Look at How Obamacare Screws Young People
During the big-spending Bush years, economic and fiscal people inside the Administration often would sympathize with my complaints about bad policy, but say that there was nothing they could do since all the big decisions were being made by the political types in the…
Mirror, Mirror, on the Wall, Barack Obama (Surprisingly) Is Not the Biggest Spender of All
I got involved in a bit of a controversy last year about presidential profligacy. Some guy named Rex Nutting put together some data on government spending and claimed that Barack Obama was the most frugal President in recent history. I pointed out that Mr. Nutting’s…
Another Failed Gun Control Experiment
It sounds strange, but my two favorite columns on gun control were authored by self-identified leftists. But they didn’t let ideology trump common sense. Justin Cronin, for instance, explained that restrictions on gun ownership undermined his ability to protect his…