Tag Archives : big government
More Chicago-Style Corrupt Crony Capitalism
I’ve already commented on some of the sleazy behavior that infects Chicago politics. Now we have a jaw-dropping example of what’s wrong with the state of Illinois, as explained by Bill McGurn of the Wall Street Journal. Soon the Illinois state legislature will meet in special session to consider the Chicago machine’s latest favor: legislation […]
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Explaining How to Solve America’s Fiscal Crisis
I didn’t have the fun of dealing with the OccupyWashington protestors at the Americans for Prosperity conference, but I did speak to the audience about America’s looming fiscal nightmare. The video quality isn’t perfect, though it came out better than the recording of my speech a few years ago for the National Taxpayers Union about […]
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Will the Stupid Party Agree to Higher Taxes and More Wasteful Spending?
I’m baffled by stupid Republicans (sorry to be redundant). Some GOPers have agreed to put taxes on the table. Not surprisingly, Democrats are praising them for this preemptive surrender, patting these Republicans on the head for being good little lapdogs. (The Democrats are also high-fiving each other since they openly admit that tricking Republicans into […]
read more...Is Ireland’s Michael Higgins an Economic Illiterate or a Cynical Hack
I’ve always been proud of my Irish heritage, but now I’m having to reconsider. As is so often the case when something goes awry, the blame belongs to a politician (this Craig Ferguson joke is right on the mark). Michael Higgins, the President-Elect of Ireland, has lived a very comfortable life sucking on the government […]
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Maybe Communism Isn’t So Bad After All
I’ve previously posted about the communist government of Cuba cutting taxes and the CEO of Coca-Cola saying that communist China has a more business-friendly climate than the United States. Having grown up during the Cold War, I still have a hard time believing my eyes when I read stories like these. But those examples pale […]
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Who’s Winning the Race to Fiscal Destruction: Europe or the United States?
Even though the unwashed masses decided that I didn’t win my stimulus debate in New York City, I continue my fight for the hearts and minds of the American people. I’m now taking part in a debate for U.S. News & World Report on “Who Is Handling Its Debt Crisis Better: United States or Europe?” […]
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A Supercommittee Tax-Hike Surrender Means Republicans Would Snatch Defeat from the Jaws of Victory
Commenting on Supercommittee deliberations last month, I asked whether Republicans will choose the real budgetary savings of a sequester or surrender to a tax hike. Well, it appears that the GOP likes being known as the Stupid Party and is seriously considering a plan to increase the net tax burden on the American people – […]
read more...Helping to Explain Greece’s Collapse in a Single Picture
Politicians in Europe have spent decades creating a fiscal crisis by violating Mitchell’s Golden Rule and letting the government grow faster than the private sector. As a result, government is far too big today, and nations such as Greece are in the process of fiscal collapse. But that’s the good news – at least relatively […]
read more...A Food Stamp Horror Story – and Taxpayers Are the Victims
I am automatically suspicious of the veracity of anything I see online, so I don’t necessarily believe this is a real receipt. But it could be, and that’s what’s disturbing. There are very few restrictions on the use of food stamps, so there’s nothing to stop a recipient from buying porterhouse steaks and lobster. So […]
read more...Sequestration Is a Small Step in Right Direction, not Something to Be Feared
I have sometimes wondered whether it is accurate to say that Republicans are the “Stupid Party.” We’ll soon know the answer to that question. As part of the debt limit agreement, the politicians agreed to set up a “Supercommittee” comprised of six Republicans and six Democrats that was responsible for producing at least $1.2 trillion […]
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