If you don’t want to be depressed, you should stop reading right now. You probably know that we’ve been suffering because of a rising burden of government spending. And you probably understand that much of the problem is the relentless growth of redistribution and transfer programs. But you probably don’t realize how far America has […]

What’s more realistic: A unicorn, Bigfoot, the Loch Ness Monster, or a successful government program? This isn’t a trick question. Even though I’ve presented both theoretical and empirical arguments against government spending, that doesn’t mean every government program is a failure. I suppose the answer depends on the definition of success. Government roads do enable […]

Three years ago, I put together a “Moocher Index” that measured the degree to which non-poor people in a state were benefiting from redistribution programs. As you can see if you click on the nearby table, Vermont was the worst state, followed by Mississippi, Maine, New York, and Massachusetts. I confessed that my Moocher Index […]

In large part because of an excessive burden of government, the American economy is suffering European-style stagnation, with even the Washington Post now confessing that growth far below the long-run trend. This helps explain why job creation has been so dismal in recent years, with more than twenty million Americans out of work, underemployed, or […]

I talked a couple of days ago to Neil Cavuto about whether the Obama Administration is slightly modifying its class-warfare tax policy. As you can see, I’m not overly fixated on the parsing of Biden’s comments since I’m against higher tax rates for anyone. And my takeaway message from the segment is that we need […]

I’m part of a just-posted online Debate Club sponsored by U.S. News & World Report which asks “Is the United States a Nation of ‘Makers and Takers?’” My contribution to the discussion is basically a reworked version of what I wrote last week about Romney and the infamous 47 percent remark, so there’s no need […]