We should always remember that the federal government may be the biggest problem, but that does not mean that state and local governments should be exempt from scrutiny. A good (or perhaps I should say bad) example of bone-headed stupidity by bureaucrats and politicians outside of Washington comes from Texas. A local school bureaucrats has […]
read more...Actually, that’s too broad of a brush, but I do despise people of any nationality who think that they are entitled to mooch off the labor and capital of others. I also fear for my country because of such people. Benjamin Franklin is rumored to have said that, “When the people find they can vote […]
read more...I’m semi-impressed with the Europeans for choosing the hog-wild approach to bailouts. Not because it is good policy, but rather because it will be a useful demonstration of the old rule that bad policy begets more bad policy (which begets God knows what, but it won’t be pretty). The background is that many European nations have […]
read more...Here’s some more good polling data from the Resurgent Republic website. All demographic groups, including Democrats, agree that excessive pay for federal bureaucrats is a bad thing. Maybe, just maybe, this means the productive people in society are fed up and will successfully fight back: Voters think higher average pay and benefit packages for federal […]
read more...As noted in this blog back in August, the end of Labour rule in the U.K. will not mean the end of big government in that country. The new coalition government has already proposed a large tax hike on capital gains: At present investors only pay CGT of 18pc on gains cashed-in of more than £10,100 […]
read more...I shed no tears that incumbent Senator Robert Bennett lost his fight to get nominated for a fourth term. His support of the bailout and other big-government policies was a sign that he had become far too comfortable representing established interests and forgot that his job was to defend Utah taxpayers. I’ve received a couple of […]
read more...Okay, the title of this post is an absurd exaggeration, but I am not optimistic about the future of the United Kingdom. Government spending has exploded over the last ten-plus years (the largest expansion in the burden of government spending among developed nations), and this unsurprisingly has led to punitive class-warfare policies. I saved this […]
read more...Only in the artificial bubble of Washington do you find people who are willing to make preposterous statements such as those contained in this David Ignatius column. He writes that we should adopt a value-added tax to avoid a Greek-style fiscal crisis, appararently oblivious to the fact that Greece adopted a VAT and still had […]
read more...It is now fully apparent that General Motors did not pay back any money to taxpayers, and certainly did not pay back the full amount, as stated in the reprehensibly dishonest ads produced by the company. The Obama Administration took part in the lie, which exposes an additional reason why it was a terrible idea […]
read more...I realize that public opinion polls are quirky and that answers often depend on how questions are phrased. Nonetheless, these results seem very strong. As reported on the Bankrupting America website, there is more than three-to-one opposition against a value-added tax: Voters think a value added tax, or VAT, is a bad idea for America. […]
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