Actually, the answer is all of the above. He pontificates about debt, but he voted for the fake stimulus and budget-busting Obamacare legislation. He’s a preening self-styled deficit hawk, but the nation’s four largest deficits have occurred since he became Chairman…
Daily Analysis
A New Miracle Drug – Better than Viagra According to Politicians
Kudos to the Concerned Women for America, not only for this clever video, but also for putting the focus on the burden of government spending rather than the symptom of too much red ink.
Deficits Are No One’s Best Friend
Susan Feiner, in a recent blog post for Ms Magazine, argues that continuing deficits favor the feminist movement. The post is entitled “A Feminist Economist Speaks Out: Deficits are a Grrrl’s Best Friend”. Normally I wouldn’t give any time to addressing the arguments…
The Never-Ending Government Fraud Racket
Here’s a great example of family values, but only if you think it’s noble for a husband, wife, and daughter to conspire together to rip off taxpayers. I guess the family that steals together, stays together. Here are some of the details from the Daily Caller expose. A…
Looking at Europe’s Self-Inflicted Economic Disaster (and Getting a Glimpse of America’s Obamanian Future)
llister Heath is one of the best economic columnists in Europe and his analysis of Europe’s fiscal situation is rather grim. But Americans can’t be smug. This is where the Bush-Obama policies, combined with demographics, are leading America. Here’s Allister’s analysis…
The Gang of Six Is Back from the Dead: Contemplating the Good, the Bad, and the Ugly in their Budget Plan
The on-again, off-again “Gang of Six” has come back on the scene and is offering a “Bipartisan Plan to Reduce Our Nation’s Deficits.” The proposal is quite similar to the one put forth by the President’s Simpson-Bowles Commission, which isn’t too surprising since some…
Exaggerating Poverty for Political Gain
Is America filled with tens of millions of people suffering from harsh material deprivation? That’s what the pro-redistribution crowd wants you to think, but a new report from the Heritage Foundation demolishes that stereotype. Here are some of the most remarkable…
The Debt-Limit Fight, “Cut, Cap, and Balance,” and Rescuing America from Greek-Style Fiscal Collapse
Here’s a new video from the Cato Institute, featuring my pearls of wisdom, along with equally sage commentary from my colleague Chris Edwards. We make two simple points. First, America faces a Greek-style fiscal crisis if we leave the federal budget on autopilot…
The Federal Government Has Been Bailing Out Romneycare, but Who Will Be Available to Bail Out Obamacare?
The Beacon Hill Institute in Massachusetts has just released a very good – but very depressing study. The research finds that costs have jumped under Romneycare, but that’s not surprising. After all, politicians always underestimate the cost of new entitlements. The…
So Long as He Gets What He Wants, Obama Is Flexible in the Budget Negotiations
Appearing on Freedom Watch, I explain that the White House is very flexible. The President will be happy if GOPers cut their own wrists and agree to a tax increase. That means Obama can tax and spend. But he’ll also be satisfied if Republicans approve a “clean debt…