This is either frightening or hilarious. The people in Washington who are trying to make America more like Europe are advising the Europeans to double-down on the awful policies that have pushed the continent’s welfare states to insolvency. Here are some of the…
Daily Analysis
Mirror, Mirror, On the Wall, Which State Has the Biggest Welfare Benefits of All?
The Center for Budget and Policy Priorities is a left-wing group in Washington that advocates for bigger government and higher taxes. In an effort to promote more redistribution, they recently put together a map showing how welfare benefits varied by state. We’re…
If You Count the Seen and the Unseen, Obama’s Corrupt Green-Energy Program is a Job Destroyer
The President’s “green energy” loan program has turned into an embarrassment for the White House, in part because of the sordid corruption associated with the bankruptcy of Solyndra. But the subsidy program also has attracted some negative attention for its failure to…
Using a Cartoon Video to Explain Government in Less than 3 Minutes
Sometimes during speeches, when explaining why politicians shouldn’t double tax income that is saved and invested, I ask the audience whether it would make sense to harvest apples by cutting the branches off of trees filled with ripe fruit. In every audience (at least…
New Video from Congressman Paul Ryan Explains Two Key Principles of Tax Reform
Here’s a very good new video from the Chairman of the House Budget Committee, in which he explains why lower tax rates and fewer loopholes are the keys to a simple, fair, and competitive tax system. Very well done. Given my video on the flat tax, as well as my video…
Bringing Science to Government
Accusing a political opponent of being anti-science has become a standard tactic of both parties in recent years. These accusations are usually dishonest, as what the accuser typically means is that the accused is not properly weighing the costs and benefits of…
Dramatic Increase in Poverty Rate: One Small Step for Obama, One Giant Step for the So-Called War on Poverty
The Census Bureau has just released the 2010 poverty numbers, and the new data is terrible. There are now a record number of poor people in America, and the poverty rate has jumped to 15.1 percent. But I don’t really blame President Obama for these grim numbers. Yes,…
Super Committee Must Focus on Spending
The so-called Super Committee has been tasked with finding $1.5 trillion in deficit reduction over the next ten years. Though with the President’s recent call for another half-trillion in stimulus that he claims would be payed for, they would need to find $2…
Social Security Demagoguery from Mitt Romney and Michele Bachmann: Economically Wrong, Politically Wrong
Governor Rick Perry of Texas is being attacked by two rivals in the GOP presidential race. His sin, if you can believe it, is that he told the truth (as acknowledged by everyone from Paul Krugman to Milton Friedman) about Social Security being a Ponzi scheme. Here’s…
Cheney: Wrong on TARP
Last year, after seeing former Treasury Secretary Hank Paulson trying to defend the TARP bailout he designed, I wrote that he should go away in shame. After all, even former Fed Chairman Paul Volcker recognized there was a much better, non-corrupt, way of…