The blogging about Greece is too depressing, so let’s kick a couple of government bureaucracies for bone-headed stupidity. This excerpt is from a Pajamas Media story about how the Customs bureaucrats mistakenly confused BB guns for machine guns, and then turned the toys over to the BATF bureaucrats, who are now stonewalling and refusing to [...]
Archive for May 5th, 2010
Great Moments in Government Stupidity
Posted in Bureaucracy, Bureaucrats, Crime, Government stupidity, Gun control, Uncategorized, tagged Bureaucracy, Bureaucrats, Crime, Government stupidity, Gun control on May 5, 2010 | 1 Comment »
Wall Street Journal Savages Greek Bailout
Posted in Bailout, Debt, Deficit, Europe, Government Spending, Greece, International Monetary Fund, Uncategorized, tagged Bailout, Big Government, Debt, Deficit, European Union, Greece, IMF on May 5, 2010 | 6 Comments »
I always appreciate a column that sounds like I could have been the author, and this editorial from the WSJ hits the mark. The IMF/EU bailout is just masking the problems of a bloated welfare state and giving politicians some breathing room to avoid making the real reforms that are needed: It hasn’t been a [...]
What’s the Future for Supply-Side Economics?
Posted in Debt, Deficit, Economics, Fiscal Policy, Government Spending, Joint Committee on Taxation, Laffer Curve, Supply-side economics, Taxation, Uncategorized, tagged Debt, Deficit, Economics, Fiscal Policy, Government Spending, Joint Committee on Taxation, Laffer Curve, Supply-side economics, Taxation on May 5, 2010 | 8 Comments »
Kevin Williamson has a long-overdue piece in National Review making two essential points about supply-side economics and the Laffer Curve. First, he explains that tax cuts are not the fiscal equivalent of a perpetual motion machine. Simply stated, too many Republicans have fallen into very sloppy habits. They oftentimes fail to understand the difference between [...]