One of the dirty little secrets of Washington is that Republicans and Democrats have more in common with each other than either party has with ordinary Americans. Tim Carney has an excellent (but depressing) column in the Washington Examiner exposing how both Democrat and Republican lobbyists are raking in big buck from General Motors, even […]
read more...Ever since the Supreme Court’s odious Kelo decision, which allowed a city in Connecticut to seize a woman’s home for the benefit of a politically-connected big corporation, there has been a deep concern that this would open the door to more examples of government-sanctioned theft. George Will is particularly (and appropriately) vicious in his analysis […]
read more...Let’s give some credit to the Cornhusker state. As John Fund reports in the Wall Street Journal voters are overwhelmingly opposed to Obamacare – even though their state would get a big pile of money from taxpayers in the other 49 states. Meanwhile, the Senator who is trying to deliver the loot, Senator Nelson, is trailing a […]
read more...Writing for Forbes, Bruce Bartlett puts forth an interesting hypothesis that healthcare legislation could have been made better (hopefully he meant to write “less destructive”) if the GOP had been willing to compromise with Democrats: Democrats desperately wanted a bipartisan bill and would have given a lot to get a few Republicans on board. This undoubtedly would […]
read more...Good news for entrepreneurs and investors, at least the ones who are very sick. As of January 1, the death tax is repealed. But this silver cloud has a couple of dark linings. First, the tax springs back to life next January 1, so healthy taxpayers are out of luck. Second, the grave-robber politicians may […]
read more...A column in the Wall Street Journal reports on a new study showing that people tend to be unhappiest in high-tax states. This type of research is very imprecise, to be sure, and it may be that the causality (if any) is that unhappy people vote for higher taxes. The most persuasive part of the […]
read more...A column in the Washington Examiner compares the bloated payrolls and happy times for the bureaucracy with the challenging times for workers in the productive sector of the economy. The column does not mention that bureaucrats also are vastly overpaid compared to private sector workers: It looks like a happy new year for you — if […]
read more...Great column by Arnold Kling and Nick Schulz on how markets really operate – and why government intervention either causes problems or prevents markets from fixing them. For those of you who care to get in the weeds, this is one of the reasons why the “Austrian School” of Hayek and Mises is better for […]
read more...Isn’t this just wonderful? The feds have announced new rules, but it’s not clear what they are. According to some reports, though, passengers will not be allowed to have anything it their laps. Does this mean books? Blackberries? Are we allowed to twiddle our thumbs? Since I have speeches next month in Canada and the Cayman […]
read more...