Here’s a chart from Veronique de Rugy’s new article in The American. Amazing how the problem becomes obvious when you look at real numbers and don’t get trapped into using “baseline” math (as I explain in my latest video).
read more...The new unemployment data has been released and it’s not a pretty picture. Literally and figuratively. This image is all we need to know about the success of President Obama’s big-government policies. The lower line is from a White House report in early 2009 and it shows the level of unemployment the Administration said we […]
read more...In a previous post, I commented on a Wall Street Journal column by former Senator Phil Gramm, calling attention to evidence that the economy is under-performing compared to what happened after previous recessions. This is an important issue, particularly when you compare the economy’s tepid performance today with the strong recovery following the implementation of […]
read more...Former Senator Phil Gramm had a column last week in the Wall Street Journal that deserves two blog posts. This first post highlights Gramm’s analysis showing that the U.S. has been very Keynesian compared to Europe, with numerous efforts to jump start the economy with deficit spending. But Senator Gramm hits the nail on the […]
read more...Our fiscal policy goal should be smaller government, but here’s a video for folks who think that balancing the budget should be the main objective. The main message is that restraining the growth of government is the right way to get rid of red ink, so there is no conflict between advocates of limited government and […]
read more...The Center for Freedom and Prosperity (CF&P) has released a new video listing the key reasons why excessive government spending undermines economic performance. Entitled “Eight Reasons Why Big Government Hurts Economic Growth,” the video uses macroeconomic and microeconomic analysis to explain why the Bush-Obama policies of bigger government hinder the economy’s long-run vitality.
read more...Washington is riddled with corruption, much of which actually is legal. The politicians and other insiders claim that more ethics laws and lobbying rules are the solution. Some even say the only answer is campaign finance laws that restrict 1st Amendment rights to fully participate in the political process. This Center for Freedom and Prosperity video explores a different hypothesis and concludes that big government is inherently corrupting.
read more...Based on a theory known as Keynesianism, politicians are resuscitating the notion that more government spending can “stimulate” an economy. This mini-documentary produced by the Center for Freedom and Prosperity Foundation examines both theory and evidence and finds that allowing politicians to spend more money is not a recipe for better economic performance.
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