Greece is in trouble for a combination of reasons. Government spending is far too excessive, diverting resources from more efficient uses. The bureaucracy is too large and paid too much, resulting in a misallocation of labor. And tax rates are too high, further hindering the productive sector of the economy. Europe’s political class wants to […]
read more...I had to laugh when I saw this article linked on the Drudge Report. Does Obama really think that Democratics in the House will be intimidated by a threat not to campaign for them? Look what wonders Obama did campaigning for Corzine in New Jersey and Coakley in Massachusetts. If he can’t boost Democrats in […]
read more...Dan Mitchell doesn’t get to talk until after the 3-minute mark, but he then explains why Obamacare will undermine the healthcare system. His basic point is that government intervention is the reason why the current system has problems, and that those problems will get worse by adding even more government.
read more...A former colleague from my days at the Heritage Foundation, Robert Rector, has a very disturbing article at National Review Online. Robert explains that the Obama Administration is putting together a new – and rigged – definition of poverty that has nothing to do with material deprivation. This new system instead will be a measure […]
read more...President Obama and many other politicians in Washington are big fans of pay-as-you-go budgeting, which means they want any new spending or tax relief offset (or “paid for”) with tax increases or spending cuts from other parts of the budget. Or at least that’s what they claim. But when Senator Bunning took them at their […]
read more...Politicians like to play a class-warfare game of demonizing rich people. Walter Williams explains, though, that rich people can only do bad things to us if they are conspiring with politicians. The moral of the story, of course, is that government is a threat to our freedom and liberty: Bill Gates is the world’s richest […]
read more...A former reporter for the New York Times, Fox Butterfield, became a bit of a laughingstock in the 1990s for publishing a series of articles addressing the supposed quandary of how crime rates could be falling during periods when prison populations were expanding. A number of critics sarcastically explained that crimes rates were falling because […]
read more...There doesn’t seem to be much union in the European Union. Greek politicians are wetting their pants that Germany isn’t bending over fast enough to provide bailout money, so they pulled out the Nazi card. I’m sure the Germans raped Greece during World War II, but that does not explain why German taxpayers are responsible […]
read more...The Premier of Newfoundland and Labrador (akin to a state governor in the U.S.) defended his decision to get surgery in America with the statement that it was “my heart, my choice, and my health.” This is an admirably libertarian statement, and the “my choice, and my health” part could be the rallying cry for […]
read more...Senator Jim Bunning of Kentucky may be the most unpopular man in Washington right now. And, as you may surmise, this means he is doing something admirable (envision Jimmy Stewart in Mr. Smith Goes to Washington and you’ll have the right context). Republicans and Democrats want to rush through a bill to spend more money on […]
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