Maybe it’s my snarky sense of humor, but I greatly enjoy when statists accidentally promote free markets and small government. It seems to happens quite a bit at the New York Times. A New York Times columnist, for instance, pushed for a tax-hiking fiscal agreement back in 2011 based on a chart showing that the only successful budget deal […]
Continue reading Congressman Bera and Planned Parenthood Unwittingly Endorse End to Taxpayer Handouts
Almost everyone in Washington is talking about last night’s GOP debate. I sent out a few tweets as I watched, and my main after-the-fact observation is that there was very little discussion about the ever-growing burden of government spending, which is America’s most pressing economic problem. But I’m a contrarian, so while everyone else is […]
Continue reading Warning: Bernie Sanders Will Be Very Expensive to Your Wallet
Is “supply-side economics” a bad thing or good thing? It depends on what one means by the phrase. If it means that all tax cuts are self financing or that low tax burdens are the sole key to prosperity, then critics are right about it being a form of “voodoo economics.” See this Kevin Williamson […]
Continue reading Fiscal Policy, Tax Cuts, and “Voodoo Economics”
I’m a big fan of fiscal data. In part this is because I’m a policy wonk, but I also like budget numbers because they generally provide strong evidence for my philosophical belief in small government and spending restraint. For instance, I enjoy sharing my table showing nations that have enjoyed great success with multi-year limits […]
Continue reading By the Numbers: America’s Unfortunate Fiscal Evolution from Madisonian Constitutionalism to Wilsonian Statism
A new fiscal year starts October 1, and this is terrifying news for Republicans in Washington. They’re scared that if they don’t give Obama everything he wants, they’ll get “blamed” when the President vetoes annual spending bills and shuts down the government. If this sounds like déjà vu all over again, that’s for a good reason. […]
Continue reading Time for another Government Shutdown?
Back in 2013, my colleagues at the Cato Institute, Michael Tanner and Charles Hughes, released a study looking at the value of welfare programs in various states. The most shocking finding was that the overall package of welfare benefits was greater than the median salary in eight states! And more than 80 percent of the […]
Continue reading Which European Nations Have the Biggest Subsidies that Trap People in Poverty?