Last year, I came up with a saying that “Bad Government Policy Begets More Bad Government Policy” and labeled it “Mitchell’s Law” during a bout of narcissism. There are lots of examples of this phenomenon, such as the misguided War on Drugs being a precursor to…
Daily Analysis
Will the Last Job Creator to Leave California Please Turn Off the Lights?
I’ve written before about whether California is the Greece of America, in part because of crazy policies such as overpaid bureaucrats and expensive forms of political correctness, And we all know that California has one of the nation’s greediest governments, imposing…
Rich Statists Exposed as Complete Hypocrites
I’ve written before about how some leftists have a masochistic desire to pay higher taxes. I’ve also exposed Warren Buffett’s dishonest math, which is part of his campaign for bigger government. And I’ve even debated rich statists on TV, telling them not to make the…
Santa Claus Arrested Following Joint Investigation by IRS, INS, and FWS
Overseas Americans are not exactly happy that federal law is making their lives so miserable, so I’m not surprised that they seem to be the ones who put together this great parody. =========================================================== U.S. Federal agents…
Since Romney Is Willing to Consider a VAT, Should Libertarians and Conservatives Be Willing to Consider Him?
There’s been a lot of discussion about Mitt Romney’s appeal – or lack thereof – among supporters of limited government. To put it mildly, many libertarians and conservatives are underwhelmed by his less-than-stellar record on healthcare, his weakness on Social…
European Fiscal Agreements Show that Balanced Budget Rules Mean Higher Taxes, not Smaller Government
I have many frustrations in my life, and near the top of the list is the conservative fixation about balancing the budget. This view is very misguided. Red ink isn’t good, but the fiscal problem in America (as well as Europe, Japan, etc) is that the public sector is…
Big Government Causes Crime, the Norwegian Version
I’ve written several times about the foolish War on Drugs, which has been about as misguided and ineffective as the government’s War on Poverty. So when I saw a news report about a couple of Swedes getting busted for smuggling 200-plus kilos of contraband into Norway,…
Federal Court Ruling Ignores the Constitution and Gives More Power to the IRS
The tax code is punitive and corrupt, but the economic damage caused by a bad revenue system is just part of the problem. Thanks to a punitive “worldwide” approach to taxation, we have needless conflicts with other nations, leading the United States to side with…
Ending American Tax Dollars to the OECD Should Be a Minimal Test of GOP Fiscal Responsibility
I wrote last week about how the Organization for Economic Cooperation and Development, a Paris-based international bureaucracy, has launched a new campaign to promote class-warfare tax policy. I’ve since learned that the OECD’s effort is even more objectionable than I…
Harry Reid’s Unicorn Economics
Harry Reid announced recently that millionaire job creators are “imaginary,” just like the “unicorns” that apparently advise him on economics: Senate Majority Leader Harry Reid (D-Nev.) suggested on Monday that millionaires who create jobs are…