I’m out in Sin City for the annual FreedomFest conference, where I moderated a debate earlier today on whether consumer spending or investment spending was the key to economic growth. As you can imagine, it was horribly painful for me to keep from injecting my two…
Daily Analysis
Great Moments in Government Waste
Politicians often talk about the supposed value of federally-funded research and development, which sometimes sounds like a good idea to people unfamiliar with the incompetence, inefficiency, red tape, and bureaucracy of even well-intentioned programs. But it turns…
Political Humor and Government Bureaucracy
Once upon a time the government had a vast scrap yard in the middle of a desert. Congress said, “Someone may steal from it at night.” So they created a night watchman position and hired a person for the job. Then Congress said, “How does the watchman do his job…
Jilted Basketball Fans Should Blame the Income Tax, not LeBron James
Supporters of the Cleveland Cavaliers, especially the owner of the team, are upset that basketball superstar LeBron James has decided to sign with the Miami Heat. The anger is especially intense because the Cavaliers offered $4 million more over the next five years….
Great Moments in Political Correctness
This is something that could only happen in San Francisco. The city’s bureaucrats are considering a proposal to ban selling pets. Oops, I just committed a thought crime. They are called “companion animals,” not pets. Anyhow, the plan to ban them would have to be…
Obama Is Greedy, not Racist
The Washington Post has a story, excerpted below, about people who think the tanning tax is racist because it targets a service used overwhelmingly by white people. And while some critics make a good point about how that would be the story if there was a tax on a…
Big Carbon Footprints for the Elite, Missed Soccer Matches for the Peasants
Thanks to Instapundit for drawing attention to this Financial Times report showing how ultra-rich elitists and politicians flew to South Africa on private jets, which meant both big carbon footprints and also resulted in ordinary people missing a key soccer match…
Sexual and Racial Quotas and the Dodd-Frank Bailout Bill
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…
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…