I’ve written about the government’s war on consumer-friendly light bulbs (and also similar attacks on working toilets and washing machines that actually clean), so I’m generally not surprised by bureaucratic nonsense. But even I’m shocked the federal government gave…
Daily Analysis
Three Cheers for this Lawsuit against the Thugs at the IRS
Early in 2010, I wrote about a reprehensible IRS plan to create a cartel in the tax preparation industry, which would screw small firms and entrepreneurs to help line the pockets of big companies such as H&R Block. And, earlier this year, I specifically criticized…
When Obama Rejects Government Intervention and Says It Is Better to “Let the Market Work on Its Own,” You Need to Read the Fine Print
Back in 2009, I got very excited when President Obama stated, “No business wants to invest in a place where the government skims 20 percent off the top.” Did that mean he wanted to reduce America’s punitive and anti-competitive corporate tax burden? Or maybe even fix…
The Big Debate for U.S. News: Have Obama’s Policies Helped or Hurt the Economy?
n previous posts, I’ve used data from the Minneapolis Federal Reserve Bank to show how Obamanomics is leading to very weak results, particularly compared to the economic boom triggered by Reaganomics. So you can imagine how I was anxious to participate when U.S. News…
Thomas Sowell Wonders Why the Obama Administration Is Trying to Undermine Educational Opportunities for Black Children
If you care about helping the less fortunate succeed, I’m commenting today on a Thomas Sowell column that will make you sad and angry. It is a story about how powerless and disadvantaged people are being hurt to advance the political interests of some elitists. Here…
By Restraining Burden of Federal Spending, Senator Paul Shows How It’s Simple to Balance the Budget
Last year, while lounging on the beach in the Caribbean…oops, I mean while doing off-site research, I developed the first iteration of a rule to describe how fiscal policy should operate. Good fiscal policy exists when the private sector grows faster than the public…
New Research Shows Obamacare Resulted in 25 Additional Democratic Losses in 2010 Elections, but Was It a Long-Term Victory for the Left?
I like to think people in the United States still believe in liberty, and I’ve cited some polling data in support of American Exceptionalism. And it seems like that philosophical belief in individualism and limited government sometimes has an impact in the polling…
Financial Regulation, the Red-Tape Nightmare, and Anti-Money Laundering Laws
I’ve periodically written about the overall cost of regulation, and I’ve also highlighted the onerous costs of proposals such as the Dodd-Frank bailout bill. This blurb from the IFC Review may give readers a sense of the regulatory onslaught facing financial…
The Return of Much-Needed Medicaid Reform
Last year, I narrated a CF&P video making the case for Medicaid reform. The proposal is very simple: Replicate the success of the welfare reform of the 1990s by block granting the program and giving states full autonomy to figure out how best to provide health…
Great Moments in European Political Correctness
Europe is in shambles. Nations are going bankrupt. There are riots in the streets. So you would guess that the folks at the European Commission are focused on some big issues. But you would be wrong. The eurocrats in Brussels have much bigger fish to fry. They’re…