Check out some of the ridiculous details about the woman who has earned the title of California’s Golden Bureaucrat. Alameda County supervisors have really taken to heart the adage that government should run like a business — rewarding County Administrator Susan…
Daily Analysis
Good News: We’re Heading in the Wrong Direction at a Slower Pace
In recent months, people have asked me why I’m acting all giddy and optimistic. Am I hooked on cocaine? Have I fallen in love? Did I inherit several million dollars? These questions started after I said the fiscal cliff was a smaller loss than I expected. Then people…
Great Moments in Government Waste
Taxpayers all across America send lots of money to Washington, DC, in part because we’re supposed to believe that redistribution is a legitimate and desirable function of the federal government. But this is a very perverse form of redistribution. All that money going…
Let’s Enjoy a Victory – even if Temporary – in the Fight against More Bloat at the International Monetary Fund
I remember reading someplace that cockroaches were the only animals that would survive a nuclear war. I have no idea if that’s true, but it appears that international bureaucracies have similar survival skills. But I’m digressing. Here’s the situation. The IMF has…
Targeting Multinationals, the OECD Launches New Scheme to Boost the Tax Burden on Business
I’ve been very critical of the Organization for Economic Cooperation and Development. Most recently, I criticized the Paris-based bureaucracy for making the rather remarkable assertion that a value-added tax would boost growth and employment. But that’s just the tip…
Belgium Must Be Hopeless if Politicians from Brussels Are Criticizing Germany for Being too Capitalistic
I’m not a big fan of the German government. Angela Merkel has a disturbing desire to impose fiscal and political union on the European continent. And even the supposedly free market Free Democratic Party seems perfectly comfortable with a gradual descent into statism….
Another Horrifying and Depressing Look at the Human Cost of the Welfare State
When we think of Julia, the mythical moocher created by the Obama campaign, our first instinct is probably to grab our wallets and purses. After all, she symbolizes the entitlement mindset, as illustrated by this Ramirez cartoon. But let’s think of this from Julia’s…
(Almost) Everything You Ever Wanted to Know about the Fiscal Policy Debate in a Single Chart
I’m a sucker for a good flowchart because they either can help to simplify analysis or they can show how something is very complex. Some of my favorites include: This explanation of double taxation. This depiction of the no-win Greek economic crisis. Portrayals of…
Congress Fails Basic Test of Fiscal Discipline on MEADS
When it comes to frivolous and wasteful spending, Congress just can’t get enough. Even a development program for missiles that no one wants with massive cost overruns can’t be cut off. Every time it’s de-funded, as it was by last year’s NDAA,…
Mirror, Mirror, on the Wall, Which State Has the Highest Food Stamp Usage of All?
The food stamp program seems to be a breeding ground of waste, fraud, and abuse. Some of the horror stories I’ve shared include: Using food stamps to buy luxury coffee at Starbucks. Buying steaks and lobster with food stamps. The Obama Administration rewarding states…