This chart is a reason to be pessimistic about Europe.
Daily Analysis
Twenty-Three Theorems of Government, but One Favorite
The one I wish everyone in Washington would understand and internalize.
Every State Needs a TABOR-Style Spending Cap
Colorado shows us the ideal fiscal rule.
The Risk of Forced Regime Change in Venezuela
Does the US want to be responsible for what follows?
Minnesota’s Governor Walz Enabled Fraud for Political Gain
Politicians oftentimes defend fraud for self-interested reasons.
The Sensible Swiss Strike Again, Overwhelmingly Rejecting Class Warfare
The people of Switzerland overwhelmingly voted against a class warfare initiative.
The Sad (and Irreversible?) Decline of New York and California
Can the politicians in either Sacramento or Albany change direction?
America Does Not Have a Free Market Health Care System, Part II
Bad government policy has left us with an inefficient and expensive system.
Japan’s Growing Burden of Government Means an Inevitable Fiscal Crisis
Why hasn’t the you-know-what hit the fan in Japan?
IMF Bureaucrats (Who Get Tax-Free Salaries) Recommend Big Tax Increases for Bulgaria
No surprise here…