Insanity is sometimes defined as doing the same thing over and over again while expecting a different result. On this basis the Euro-statists are clinically over the edge. They keep centralizing more power in Brussels and then they complain that European economies remain stagnant. On this basis, the new EU President must have escaped from […]
read more...The White House recently released the Economic Report of the President. In a post at the White House blog, Christina Romer brags that the stimulus legislation was a big success. This Act is the great unsung hero of the past year. It has provided a tax cut to 95 percent of America’s working families and […]
read more...Arizona was hit hard by the housing bubble and that is causing considerable headaches for politicians – particularly since they allowed spending to explode during the boom years. Phoenix could be a poster child for fiscal excess. The city budget grew by nearly 10 percent annually when revenues were buoyant, in part because government employees […]
read more...In a rational world, Switzerland would be a role model for other nations. It is quite prosperous thanks largely to a modest burden of government. There is remarkable ethnic and religious diversity, but virtually no tension because power is decentralized (sort of what America’s Founders envisioned for the United States). Yet despite these – and […]
read more...I’m not sure if this is better or worse than the infamous Bridge to Nowhere, but the U.K. government has been spending millions of dollars in a futile effort to exterminate a duck. And because they are relying on government bureaucrats to kill the ducks, the cost-per-dead-duck is well over $750. I would suggest that […]
read more...Since we’ve been talking about the snow, here’s a story about city that must have no real crime. At least, that’s the only sensible thing to conclude after reading that cops in Harrisonburg, VA, arrested two college kids for the horrific offense of tossing snowballs (technically they were charged with “throwing a missile at an […]
read more...The fiscal crisis in Greece is fascinating political theater, in part because the Balkan nation is a leading indicator for what will probably happen in many other countries. The most puzzling feature of the crisis is the assumption in other European capitals, discussed in the BBC article below, that a Greek default is the worst […]
read more...If you want to get depressed or angry, the New York Times has an article celebrating the effort by politicians at all levels of government to lure more people into the food stamp program. New York City is running ads in foreign languages asking people to stick their snouts in the public trough. The City is […]
read more...Here’s another study showing the benefits of comprehensive school choice in a foreign country. Interestingly, the author of the report about the Chilean system clearly is not a fan of competition, yet even his data shows higher scores for private schools and rising overall scores, even in the government schools – which is exactly what one […]
read more...It’s almost amusing to see the Securities and Exchange Commission jumping on the sinking ship of global warming alarmism. After all, only a government bureaucracy would take such a step at precisely the moment that the scam has been exposed. But I said it’s “almost amusing” because the added costs imposed on companies will be […]
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