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Daily Analysis
Great Moments in (Anti) Stimulus.
There were many reasons to oppose last year’s so-called stimulus legislation. High on my list of reasons would be that the $800 billion spending bill was based on discredited Keynesian theory. Government spending diverts resources from the productive sector of…
Say No to a VAT.
With the VAT becoming an ever-bigger issue, Dan Mitchell discusses the issue on CNBC. Dan’s opponent winds up agreeing with him:
More Good News on the Climate Scam.
One of the many reprehensible features of Washington is how companies climb into bed with government. They do this either because they want legislation to get undeserved wealth by screwing consumers or competitors, or they do it because they think they the government…
The Greek Saga.
Here are a few interesting links to keep you informed about the fiscal crisis in Greece. Richard Rahn has a nice comparison in the Washington Times of Poland’s good policy and Greece’s profligacy….
The So-Called Stimulus Was a Flop.
On the one-year anniversary of Obama’s stimulus scam, I appeared on the Fox Business Network to explain why squandering $800 billion was bad for the economy.
A Value-Added Tax Is Not the Answer…Unless the Question is How to Finance Bigger Government.
While admitting that spending restraint is the ideal approach, Tyler Cowen of Marginal Revolution asks whether a value-added tax (VAT) might be the most desirable of all realistic options for dealing with an unsustainable budget situation. Read his post for yourself,…
George Will Condemns Obama's Dependency Agenda
The healthcare fight in Washington is not about access to doctors and hospitals, or the cost of those services. It is an effort by the left to create more dependency on government. George Will examines this theme in a Washington Post column: Killing this small…
The United Kingdom Is Screwed No Matter Who Wins the Next Election.
Prime Minister Gordon Brown has done a terrible job and is widely unpopular.. But even if the opposition party wins control later this year, it may not make much of a difference. The leader of the Tory party, David Cameron, is a British version of a RINO. He has not…
Why I'm Proud to Be an American.
Mark Steyn has a typically witty column that covers everything from the infamous Audi Superbowl commercial to the kid who was stopped by TSA for having Arabic-language flash cards. But he closes his piece with this powerful statement: …the difference between…