I wrote a celebratory post last November about the dramatic difference between Americans and Europeans. There truly is American exceptionalism in that Europeans are much more likely to think it is government’s responsibility to provide the basics of life. Another poll in 2010 showed Americans, by a 20-percentage point margin, want smaller government and lower […]
read more...It’s not often that I read something by Paul Krugman and think, “Good point, I hope he’s correct.” After all, I had to correct Krugman’s inaccurate analysis of Estonia, and also point out the errors in what he wrote about the United Kingdom. And I also noted mistakes he made when writing about Canada and […]
read more...I wrote last year about the way in which welfare programs lead to very high implicit marginal tax rates on low-income people. More specifically, they lose handouts when they earn income. As such, it is not very advantageous for them to climb the economic ladder because hard work is comparatively unrewarding. Thanks to the American […]
read more...Regular readers know about Mitchell’s Golden Rule, which is the simple – but essential – notion that the burden of government spending shouldn’t grow faster than the private sector. Well, after reading this utterly depressing news about how the number of people riding in the wagon is growing faster than the number of people pulling […]
read more...In their never-ending efforts to buy votes with other people’s money (see the first cartoon in this post), politicians have been expanding the welfare state and creating more dependency. This is bad for the overall economy because it means a larger burden of government spending and it’s bad for poor people because it undermines their […]
read more...This video from the Center for Freedom and Prosperity Foundation contrasts the dependency mentality in the President’s “Life of Julia” campaign with the traditional American approach of self reliance and individual achievement.
read more...The latest “Economics 101” video released today by the Center for Freedom and Prosperity Foundation (CF&P), narrated by Emily O’Neill, contrasts differing views of the relationship between government and citizens and highlights the economic and cultural dangers of relying too heavily on government programs.
read more...I wrote about Julia the Moocher earlier this month, linking the Obama campaign’s make-believe leech with a real-world Greek woman who thought the government should take care of her. I also shared an amusing parody of Julia by Iowahawk (the creator of the famous Pelosi car commercial). Now Michael Ramirez has weighed in, producing a […]
read more...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 we don’t like overseas examples, we can look at […]
read more...I’ve occasionally commented on foolish public policy in the United Kingdom, including analysis on how the welfare state destroys lives and turns people into despicable moochers. But if you really want to understand the horrifying absurdity of the welfare state, check out these passages from a report in the Daily Mail. Carl Cooper thought he […]
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