Obama and the Democrats are trying to enact a third so-called stimulus (a.k.a., jobs bill). I’d make a joke about three strikes and your out, but we should remember that this is actually the fourth attempt since we should count Bush’s lame faux stimulus in 2008. In any event, one would hope people would learn [...]
Archive for June 9th, 2010
Pontificating about the Stupidity of Big-Government Stimulus
Posted in Big Government, Debt, Deficit, Economics, Fiscal Policy, Government Spending, Keynes, Keynesian, Obama, stimulus, tagged Big Government, Keynes, Keynesian Economics, Keynesianism, Obama, Politics, stimulus on June 9, 2010 | 10 Comments »
Greetings from El Salvador
Posted in Big Government, Fiscal Policy, Government intervention, Government Spending, Tax avoidance, Tax Compliance, Tax Harmonization, Taxation, tagged El Salvador, Government Spending, Tax Compliance, Taxation on June 9, 2010 | 4 Comments »
I just gave a speech sponsored by the Chamber of Commerce about ideal fiscal policy. El Salvador, like many developing nations, has a small burden of government according to fiscal statistics. But that is largely because the government collects very little revenue thanks to pervasive tax evasion and a huge underground economy. I explained that [...]
The Way Healthcare Should Function
Posted in Free Markets, Government intervention, Health Care, Health Reform, Obama, Third party payer, tagged Free Markets, Government intervention, Health Care, Health Reform, Obamacare, Third party payer on June 9, 2010 | 4 Comments »
This article from the Weekly Standard almost makes me want to cry with frustration. It shows how the healthcare system generally would function in the absence of government-imposed distortions such as Medicare, Medicaid, and (especially!) the tax loophole for employer-provided insurance. Sadly, Obamacare will push the system even further in the wrong direction. And when [...]