Here’s a story for the better-late-than-never file. Former Cuban dictator Fidel Castro confessed that communism doesn’t work and that his nation’s economic system should not be emulated. Fidel Castro told a visiting American journalist that Cuba’s communist economic…
Daily Analysis
French Workers Protest against Reality
I sometimes joke that the French are the world’s most statist people. I have no idea if that is actually true, but the latest protests in France certainly are a good piece of evidence. French workers (especially government bureaucrats) are protesting a plan to…
A Debate Between John F. Kennedy and Barack Obama
Here’s a clever video produced by the Winston Group, comparing the tax policies of two Democratic Presidents. Having previously highlighted Kennedy’s tax-cutting approach, it is painful for me to observe the class warfare approach of the Obama Administration. What’s…
Two More Reasons to Hate Taxes
When all you have is a hammer, everything begins to look like a nail. That old saying makes a lot of sense. As a tax economist, I’m sometimes guilty of looking at all sorts of issues based on their relationship with the tax code. In my defense, however, the tentacles…
Cops Arrest Homeowner for Crime of Self-Defense
A man in New York recently scared off some gang members by firing a couple of warning shots into the ground. When the cops arrived, did they congratulate the man for protecting his family and start looking for the thugs? That’s what would happen in a logical and just…
Obama’s Stimulus Means Redistribution from Poor to Rich
This New York Post chart shows that the already-bloated federal workforce has expanded since the downturn began. And since compensation for federal bureaucrats is twice the average for other workers, it certainly seems like Obama is playing a perverse game of class…
The World’s Biggest Political Clown?
I’m working on a serious blog post about European fiscal developments, but my research on that issue has alerted me to a couple of stories about President Jose Manuel Barroso that cry out for immediate mockery and abuse. Mr. Barroso, for those that don’t follow the…
Encouraging School Choice News from Pennsylvania
When Democrat and Republican candidates for governor in a large state both endorse school vouchers, that doesn’t necessarily mean genuine educational reform will take place, but it surely is a positive sign. If a state like Pennsylvania breaks the grip of the teacher…
IRS Pencil Sharpener
This is just a rumor, but some of the “stimulus” money has been spent to buy new pencil sharpeners for the IRS. Apparently, the new equipment puts agents in the right frame of mind before auditing taxpayers.
Obama’s New Stimulus Schemes: Same Song, Umpteenth Verse
Like a terrible remake of Groundhog Day, the White House has unveiled yet another so-called stimulus scheme. Actually, they have two new proposals to buy votes with our money. One plan is focused on more infrastructure spending, as reported by Politico. Seeking to…