Diana Furchtgott-Roth of the Hudson Institute provides an additional reason why the Dodd-Frank bailout legislation is bad for the American economy. But this shouldn’t be too surprising. Senator Dodd and Congressman Frank are akin to a couple of foxes designing rules…
Daily Analysis
Bashing Bush-Obama Statism on CNBC
In a debate with one of the hopeless ideologues from the Center for American Progress, I criticize the corrupt deals between big government and big business, I warn about the big tax increases scheduled to take effect next year, I explain that Republicans did Obama a…
Good Polling Data
I certainly don’t think public policy should be based on polling data, but I always am happy when the American people are on the right side of an issue since it increases the possibility of good outcomes in Washington. Here are some very encouraging results from a…
A Picture Says a Thousand Words
Here’s a depressing chart prepared by Veronique de Rugy of the Mercatus Center. But we don’t need a thousand words to say that the long-run prognosis for America will be grim if government continues to expand faster than the productive sector of the economy. This is…
I Don’t Think Merkel is the new Reagan, but I May Change My Mind if This is True
I’ve been very dismissive of supposed European “austerity” initiatives, in part because the term seems to describe politicians who want tax-financed government spending rather than Keynesian-style deficit-financed government spending. But what really matters is…
Public Knows Better than Congress
The statists in Congress are enamored with Keynesian big government policies and profligate spending as a means of “stimulus.” But while they travel the country to tout so-called “stimulus success,” the public displays a far better…
Connecticut Is Terrible, but New York Is Worse
The Wall Street Journal opines about the latest bone-headed move by New York politicians to drive away productive activity. Connecticut is not exactly a low-tax jurisdiction, but sometimes being less worse is all that’s necessary to win a tax competition battle….
America’s Economy is Not Poised for another 1932…or another 1982
Ambrose Evans-Pritchard of the UK-based Telegraph has a very dismal outlook for the US economy. I’m more optimistic. While I think Obama’s policies will prevent America from enjoying a Reagan-type boom, I don’t think the current Administration is repeating all the…
The Nanny State and Toxic Light Bulbs
Deroy Murdock explains in National Review how politicians in Washington have imposed legislation – which most Americans still don’t know about – to ban traditional light bulbs. As American as the grand slam, the Mustang convertible, and the constitutional republic,…
The Tweedle Dee and Tweedle Dum of Fiscal Policy
The fault line in American politics is not really between Republicans and Democrats, but rather between taxpayers and the Washington political elite. Here are two examples that symbolize why economic policy is such a mess. First, we have President Bush’s former…