A new video released today by the Center for Freedom and Prosperity Foundation (CF&P) demonstrates how it is possible to curtail the burden of government. Entitled,”Spending Restraint, Part I: Lessons from Ronald Reagan and Bill Clinton,” the mini-documentary highlights the examples provided by two recent Presidents – both a Republican and a Democrat – to show that good fiscal policy is feasible.

President Obama unveiled his fiscal year 2012 budget today, and there’s good news and bad news. The good news is that there’s no major initiative such as the so-called stimulus scheme or the government-run healthcare proposal. The bad news, though, is that government is far too big and Obama’s budget does nothing to address this […]

Chalk up another victory – at least on the rhetorical level – for the Tea Party. President Obama will release his fiscal year 2012 budget tomorrow and he’s apparently become a born-again fiscal conservative. Here are some excerpts from a Washington Post story. President Obama will respond to a Republican push for a drastic reduction […]

This is the type of story that makes me sick to my stomach. I’ve already commented on how I don’t like redistribution from rich to poor, but I really, really hate redistribution from poor to rich. And that’s exactly what happens when taxpayers subsidize the presidential nominating conventions of the two big political parties. Republicans […]

Proponents of higher taxes are fond of claiming that Bill Clinton’s 1993 tax increase was a big success because of budget surpluses that began in 1998. That’s certainly a plausible hypothesis, and I’m already on record arguing that Clinton’s economic record was much better than Bush’s performance. But this specific assertion it is not supported […]

A new video from the Center for Freedom and Prosperity gives four reasons why big government is bad fiscal policy. I particularly like the explanation of how government spending undermines growth by diverting labor and capital from the productive sector of the economy. Some cynics, though, say that it is futile to make arguments for […]

Ronald Reagan would have been 100 years old on February 6, so let’s celebrate his life by comparing the success of his pro-market policies with the failure of Barack Obama’s policies (which are basically a continuation of George W. Bush’s policies, so this is not a partisan jab). The Federal Reserve Bank of Minneapolis has […]

Very few things that happen in Washington are legitimate functions of the federal government. I’ve already posted about the need to dismantle the Department of Transportation and send it back to the states, but some things  shouldn’t even be handled by state and local governments. Housing is a perfect example. There should be no role […]