Or is it another example of the “wussification of America?” I don’t know how to classify this story, other than it is a sad commentary on what is happening to America. Bureaucrats in Maryland, who obviously have too much time on their hands, are issuing rules…
Daily Analysis
Funny…but Sad…Look at How the Minimum Wage Destroys Opportunity
My Cato colleague, Mark Calabria, recently explained how the minimum wage destroys jobs, and I’ve written on several occasions why government-mandated wages can create unemployment by making it unprofitable to hire people with low work skills and/or poor work…
States Feel Tax Competition on Cigarettes
We fight to preserve tax competition among nations, but the principle’s effects exist within the US among the states, as well. George Scoville writes about the likely outcomes of a decision by Vermont to raise their cigarette taxes by $0.38 while New Hampshire…
CAP Leftists Have Accidental Encounter with the Laffer Curve, Learn Nothing
The big-government advocates at the Center for American Progress recently released a series of charts designed to prove America is a low-tax nation. I wish this was the case. The United States does have a lower overall tax burden than Europe, which is shown in one of…
Should the Greeks Be Able to “Loot and Mooch Their Way Through Life”?
In a recent post, I explained some of the reasons why Greece should not get another bailout. I cover some of the same points in this Bloomberg interview, but my favorite part is when I state that it’s time for the Greek people to realize “they can’t loot and mooch…
The “Tax Expenditure” Con Job
e left is desperately trying to maneuver Republicans into going along with a tax increase. And they are smart to make this their top goal. After all, it will be very difficult – if not impossible – to increase the burden of government spending without more revenue…
Words I Never Thought Would Cross My Lips: “Government Is even More Incompetent than I Thought”
Regular readers know that I don’t have high regard for government. I’m willing to believe just about anything bad about politicians and bureaucrats, and I am not the least bit surprised when I hear horror stories about counterproductive government programs riddled…
Three Simple Rules to Keep Republicans from Being Seduced by Dishonest and Orwellian Word Games from the Left on Tax Reform and Tax Increases
Those who had the misfortune of seeing President Obama go after “tax breaks for corporate jets” as part of his press conference may be wondering why he was attacking a provision that was in his so-called stimulus and enacted by a Democratic-controlled Congress in…
Why Are Some Countries Rich and Others Poor?
Here’s a new video, less than 2-1/2 minutes, pointing out some of the key differences between rich nations and poor nations. Not surprisingly, small government, free markets, and sound institutions are critical. I narrated a similar video, released more than two years…
The Libertarian Paradise of Argentina???
Okay, the title of this post is a huge overstatement. I’ve already noted here that Argentina is not a good role model and warned here how that Obama is repeating many of the mistakes that undermined Argentinian prosperity. But I’m nonetheless impressed that Argentina…