Walter Williams explains how Roosevelt’s policies extended the Great Depression. SInce Obama apparently would like to be the new FDR, this does not bode well for America’s future. The good news, so to speak, is that Obama’s policies are not nearly as bad as what…
Daily Analysis
Taxpayers vs. Bureaucrats, Part XXXV
Oakland politicans have created a fiscal crisis by spending too much money. This has caused strife with the police union according to a San Francisco paper. The details of the fight are not very remarkable, but I was stunned to read that the average compensation for a…
Americans Voting with their Feet to Escape Obama Tax Oppression
The Financial Times reports that the number of Americans giving up their citizenship to protect their families from America’s onerous worldwide tax system has jumped rapidly. Even relatively high-tax nations such as the United Kingdom are attractive compared to the…
Government Thuggery
It is common to mock paper-pushing bureaucrats and nanny-state politicians for silly laws and mindless regulations, but sometimes absurd policies translate into genuine oppression. John Stossel outlines some of the disturbing ways that the American people are being…
Forget LeBron, the U.K.’s Crazy Tax Laws Are Chasing Away the World’s Fastest Man
The tax benefits of LeBron James’ move to Miami have received a lot of attention, but there’s an even more interesting case on the other side of the Atlantic. The tax laws in the United Kingdom are so punitive that Usain Bolt might actually lose money if he took a big…
Debating on CNBC With Another CAP Collectivist
I cross swords with my long-time nemesis, Christian Weller. I suspect the most interesting part of the debate, however, is when I jump on one of the hosts for asserting that the Bush years were some sort of laissez-faire episode. How often do you get to ask for drugs…
Jousting on MSNBC (with a libertarian host?)
This MSNBC interview was halfway through before I got a chance to talk, so I was beginning to think I was a victim of bias, but then the host mentioned Greece degenerating like a scene out of Atlas Shrugged. I’m not sure what to think, but I did get in some good shots…
Obamanomics and my Seven Steamy Nights with the Gals from Victoria’s Secret
The White House is claiming that the so-called stimulus created between 2.5 million and 3.6 million jobs even though total employment has dropped by more than 2.3 million since Obama took office. The Administration justifies this legerdemain by asserting that the…
The Deadly Impact of the Death Tax
Australia got rid of its death tax in 1979. A couple of Aussie academics investigated whether the elimination of the tax had any impact on death rates. They found the ultimate example of supply-side economics, as reported in the abstract of their study. In 1979,…
TARP Is a Moral Abomination
I have the “opposing view” column in USA Today this morning, and my job was to explain why the politicians who voted for the Wall Street bailout deserve the scorn of voters. I made two points. First, there was no need to bail out specific firms – even if one thought…