Daily Analysis

The Case for Social Security Personal Accounts

There are two crises facing Social Security. First the program has a gigantic unfunded liability, largely caused by demographics. Second, the program is a very bad deal for younger workers, making them pay record amounts of tax in exchange for comparatively meager…

Republican Sellout Watch

Republican Sellout Watch

Grousing about the GOP’s timidity in the battle against big government will probably become an ongoing theme over the next few months, and  let’s start with two items that don’t bode well for fiscal discipline. First, it appears that Republicans didn’t really mean it…

Who Knew the TSA Was so Productive?

I suppose there’s a slight possibility, perhaps asymptotically approaching 100 percent, that this is a parody rather than a real press release, so enjoy with appropriate skepticism.

Not-so-Great Moments in Government Regulation

I’m not a coffee drinker, but I might change my mind if I had the option to patronize a drive-through establishment featuring bikini-clad baristas. And such establishments apparently do exist in the Pacific Northwest. But some people are not happy about…