by Dan Mitchell | Oct 10, 2012 | Big Government, Blogs, Government Spending, States, Tax Competition, Taxation
I periodically mock the crazy statists of California. The state is almost surely doomed to suffer a Greek-style fiscal chaos. The only unknown is whether Illinois will beat the Golden State into default. The politicians in Sacramento impose very high taxes to fund a...
by Dan Mitchell | Jul 1, 2012 | Big Government, Blogs, Bureaucracy, Government Spending
I’ve almost exhausted my interest in California’s suicidal fiscal policy. How many times, after all, can you write about politicians over-taxing and over-spending to the point of economic ruin? But everyone has a cross to bear in life, and (if you allow me to mix my...
by Dan Mitchell | May 19, 2012 | Blogs, States
I’ve explained before that “high-speed rail” is a boondoggle, and I’ve also posted a thorough presentation on the topic from the folks at Reason about this issue. But some politicians can’t resist throwing good money after bad on these money-losing schemes. The latest...
by Dan Mitchell | May 14, 2012 | Blogs, Taxation
President Obama’s fiscal policy is a dismal mixture. On spending, he wants a European-style welfare state. On taxes, he is fixated on class-warfare tax policy. If we want to know the consequences of that approach, we can look at the ongoing collapse of Greece. Or, if...
by Dan Mitchell | Dec 27, 2011 | Blogs, Taxation
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...