Tag Archives : big government
Obama’s Golden Rule of Ever-Expanding Dependency
Regular readers know about Mitchell’s Golden Rule, which is the simple – but essential – notion that the burden of government spending shouldn’t grow faster than the private sector. Well, after reading this utterly depressing news about how the number of people riding in the wagon is growing faster than the number of people pulling […]
read more...Tax Hikes Are Economically Destructive, Politically Poisonous, and Completely Ineffective at Reducing Red Ink
Back in April, I explained that I would accept a tax increase if “the net long-run effect is more freedom, liberty, and prosperity.” I even outlined several specific scenarios where that might occur, including giving the politicians more money in exchange for a flat tax or giving them additional revenue in exchange for real entitlement […]
read more...Obamacare’s Corrupt Conception, Sleazy Gestation, and Tawdry Birth
One of my very first blog posts was about the link between big government and big corruption. For the rest of my life, I can now cite the Obamacare travesty as an example. Here’s some of what Tim Carney wrote for the Washington Examiner. Chief Justice John Roberts’ judicial sleight of hand, transforming Obamacare’s mandate […]
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The Crazy French Double Down on Obamanomics
Being a libertarian, I’m used to disappointment. So when something actually goes according to plan, I get very happy. On that basis, I should be utterly and deliriously overjoyed about my endorsement of Francois Hollande to be President of France. I wanted him to win, in part because he would engage in statist experiments that […]
read more...The “Remain-Calm-All-Is-Well” Image of the European Crisis
Yesterday, I did a serious post outlining the absurd policies being pursued in France, Italy, and Greece, along with some much-deserved scorn for the throw-fuel-on-the-fire statist analysis of the International Monetary Fund. Later in the day, I posted a cartoon about Greece and also included links to other amusing posts about the mess across the […]
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What Does It Mean When Obama and His Former Top Economist both Reject Obamanomics?
To answer the question in the title, it means you need to read the fine print. This is because we have a president who thinks the government shouldn’t confiscate more than 20 percent of a company’s income, but he only gives that advice when he’s in Ghana. And the same president says it’s time to […]
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Great Moments in Government Waste
Every time some class-warfare Democrat or Charlie Brown Republican says we need higher taxes, I think of all the ways the government wastes money and I get angry because the political elite is ripping off the American people. Should we send more money to Washington when the federal government is: Forcing taxpayers to pay millions […]
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Observations on the European Farce
Spain’s received a bailout, Greece is having another election tomorrow, and the European political elite is pushing for more centralization. In other words, business as usual in the continent where voters think you can get nothing for nothing (this satirical cartoon is now European reality) and politicians think every problem can be solved by more […]
read more...Obama Is a Big Spender…Just Like Bush
A couple of weeks ago, I debunked the myth that Obama is a fiscal conservative by showing how TARP masks his real record. I then followed up that post by showing that Obama is a traditional leftist who spends on social welfare programs, but also did a final post showing that Bush was similarly profligate. Now we […]
read more...More Sub-Par Employment Numbers
The Labor Department just released its monthly employment report and the White House is probably not happy. There are several key bits of data in the report, such as the unemployment rate, net job creation, and employment-population ratio. At best, the results are mediocre. The unemployment rate generally gets the most attention, and that was […]
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