I’m in Slovenia where I just finished indoctrinating educating a bunch of students on the importance of Mitchell’s Golden Rule as a means of restraining the burden of government spending. And I emphasized that the fiscal problem in Europe is the size of government,…
Daily Analysis
A Miserable and Hopeless Fiscal Outlook for the United Kingdom
If you live in America and believe in free markets and small government, it’s easy to get depressed. We suffered through eight years of wasteful spending and misguided intervention under Bush, and now we’re enduring four years of additional spending and red tape under…
America’s Corporate Tax Rate is So Punitive that Companies Are Even Moving to Welfare States Like the U.K. to Be More Competitive
I was a bit surprised couple of years ago to read that an American company re-located to Canada to benefit from better tax policy. But I wasn’t totally shocked by the news because Canada has been lowering tax rates, reducing the burden of government spending, and…
Romney is Right that You Can Lower Tax Rates and Reduce Tax Preferences without Hurting the Middle Class
Even though I’m not a Romney fan, I sometimes feel compelled to defend him against leftist demagoguery. But instead of writing about tax havens, as I’ve done in the past, today we’re going to look at incremental tax reform. The left has been loudly asserting that the…
Our Government’s Shameful Priorities: Heavier Punishment for Bank Account Reporting Miscue than for Child Porn
If you can read the following and not get upset, you are not a good person. Please move to France (where higher taxes are “patriotic”) and don’t come back. I’m engaging in a bit of hyperbole, but you’ll hopefully understand after reading this excerpt from a very…
Germany’s Dark Vision for Europe
Like Sweden and Denmark, Germany is a semi-rational welfare state. It generally relies on a market-oriented approach in areas other than fiscal policy, and it avoided the Keynesian excesses that caused additional misery and red ink in America (though it is far from…
It’s Simple to Balance the Budget with Modest Spending Restraint
Now that new numbers have been released by the Congressional Budget Office, it’s time once again for me to show how easy it is to balance the budget with modest spending restraint (though please remember our goal should be smaller government, not fiscal balance). I…
President Obama Is MIA on Fiscal Policy
I feel like a pendulum this election season. Something will happen that makes me want to eviscerate Obama’s statist policies and I’ll write a foaming-at-the-mouth post warning that the President is turning America into Greece. But then Romney will do something odious…
It’s Not April Fool’s Day, but New York Times Columnist Wants America to Become More Prosperous by Raising Taxes on the Middle Class and Becoming More Like Italy
Every so often, you read something so ridiculously stupid and absurd that you assume that you’re being pranked. So you look to the date of the article to see if it says April 1. Or you look at the Internet address to see if it’s a parody of a real website. So when I…
Explaining Ryan’s Budget in the Wall Street Journal
Even though I’ve already made clear that I am less-than-overwhelmed by the thought of Mitt Romney in the White House, I worry that people will become to think I’m a GOP toady. That’s because I’ve been spending a lot of time providing favorable analysis and commentary…