In a recent post, I explained some of the reasons why Greece should not get another bailout. I cover some of the same points in this Bloomberg interview, but my favorite part is when I state that it’s time for the Greek people to realize “they can’t loot and mooch their way through life.” I […]
read more...e left is desperately trying to maneuver Republicans into going along with a tax increase. And they are smart to make this their top goal. After all, it will be very difficult – if not impossible – to increase the burden of government spending without more revenue coming to Washington. But how to make this […]
read more...As a general rule, the bureaucrats at the International Monetary Fund are not awful people or fire-breathing leftists. But they are voices for the establishment. And, at the upper levels, IMF staff seem overly solicitous of the views of the big nations, which means that they are indirectly attentive to interest groups (such as big […]
read more...I have a confession to make: I have a hard time making up my mind. At times, I am overcome by indecision. To be more specific, I can’t figure out which department of the federal government should be shut down first. In the past, I’ve written about the squalid waste and corruption at the Department […]
read more...I was on Larry Kudlow’s CNBC show recently, where I debated against Robert Reich. I made (what I hope are) good points about the Laffer Curve and the big-government policies of both Bush and Obama. The bad news, as least from a personal perspective, is that the last half of the interview became a debate […]
read more...Many European nations face a sovereign debt crisis because of excessive spending caused by too much redistribution. The obvious – and only – solution to this crisis is to reverse the policies that caused the problem. So take a wild guess about what the International Monetary Fund recommended: Did the international bureaucracy recommend that nations […]
read more...One of the tax increases buried in Obamacare was an onerous and intrusive “1099″ scheme that would have required businesses to collect tax identification numbers for just about any vendor and then send paperwork to the IRS whenever they did more than $600 of business. Send one of your sales people to New York for […]
read more...Michelle Malkin hits the nail on the head, explaining that ex-Congressman Anthony Weiner is a wretched (but not unusual) example of the modern politician – a life spent mooching from the public, lining his pockets while making life harder for people in the productive sector of the economy. And every time people like Weiner (including […]
read more...News reports indicate that the left is putting enormous pressure on Republicans to sell out as part of the “Biden Group” negotiations between Congress and the Vice President. I explained the other day why the left is so anxious to get GOPers to surrender on the tax issue. Simply stated, the left’s fiscal agenda requires […]
read more...I’ve explained before that one of the most damning pieces of evidence against Obamanomics is that the economy is suffering from sub-par growth, something that is particularly damning since normally one expects to see faster-than-average growth following an economic downturn. In a recent presentation, Robert Lucas of the University of Chicago included a couple of […]
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