The OECD, although a frequent villain, is not the only threat to fiscal sovereignty. Organizations such as the UN have long sought to tax carbon, financial transactions, and even emigration. But the latest in a long list of attempts to institute international taxes…
Daily Analysis
An Indictment of Barack Obama’s Economic Record
In a recent post comparing Reaganomics and Obamanomics, I explained why I think Barack Obama’s policies have been hurting the economy. In today’s New York Post, I do a full-scale indictment. Here are my bullet points. * The unemployment rate is still above 8 percent,…
How Many Bureaucrats Does It Take to Screw in a Light Bulb?
I posted the other day about the federal government giving $10 million of our tax dollars to a private company for developing an “affordable” light bulb that costs $50. Now, thanks to the pen of Alexander Hoffman (creator of this gem), we have an excellent cartoon to…
Government Stupidity Defies Satire When a $50 Light Bulb Wins an Affordability Prize
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…
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…