There are all sorts of ways to measure the burden of government spending. The most obvious approach is to look at the share of economic output consumed by the public sector. That’s what I did, for instance, when comparing fiscal policy in France and Switzerland. And…
Daily Analysis
Atlas Shrugs in Detroit
About two weeks ago, while making an important point about the Laffer Curve, here’s what I wrote about the fiscal disaster in Detroit. Detroit’s problems are the completely predictable result of excessive government. Just as statism explains the problems of Greece….
Limbaugh Cites Dan Mitchell on Government Shutdown
I was on the road this afternoon when I caught on the radio Rush Limbaugh’s mention of a 2011 article by CF&P Chairman Dan Mitchell, in which he argued against the conventional wisdom that the 1995 government shut down harmed Republicans. This debate matters…
Latest Delay Exposes FATCA’s Fatal Flaws
Since its passage in 2010, the Foreign Account Tax Compliance Act has been delayed multiple times. Most recently the Treasury Department has pushed back 6 months the beginning of FATCA’s withholding penalty for noncompliant institutions, from January 1, 2014 to…
Which State Has the Most Self-Reliant People?
Back in 2010, I put together a “Moocher Index” as a rough measure of which states had the highest levels of welfare dependency after adjusting for poverty rates. My goal was to answer this question. Is there a greater willingness to sign up for income redistribution…
CF&P Joins Coalition Supporting Amash Amendment to Defund Privacy-Violating Surveillance
[Download Coalition Letter] Dear Member of the U.S. House of Representatives: We write to urge you to vote yes on the bipartisan Amash-Conyers amendment to the Department of Defense Appropriations Act of 2014 (H.R. 2397). Rep. Amash’s proposed amendment would defund…
Wall Street Journal Condemns OECD Proposal to Increase Business Fiscal Burdens with Global Tax Cartel
What’s the biggest fiscal problem facing the developed world? To an objective observer, the answer is a rising burden of government spending, caused by poorly designed entitlement programs, growing levels of dependency, and unfavorable demographics. The combination of…
What’s the Bigger Threat to Workers, Unscrupulous Employers or Greedy Politicians?
Remember when you got your first paycheck, presumably when you were a teenager? If you’re like most people, you worked a bunch of hours and calculated how much money you expected to receive, only to then be disappointed when the check you received was for a much…
Are Higher Taxes Solving Fiscal Problems, either in Washington or California?
The budget deficit this year is projected to be significantly smaller than it has been in recent years and some of our statist friends claim that this shows the desirability and effectiveness of higher taxes. I’m not persuaded, mostly because our big long-run fiscal…
DC Council to the Poor: Screw You!
The unemployment rate in Washington DC is 8.5%, a point higher than the national average. Compared to the rest of the nation, the District is poverty and crime-ridden. Given these facts, you’d think the DC Council would welcome the nation’s largest employer to the…