I’m normally not a big fan of the Paris-based Organization for Economic Cooperation and Development since it is an international bureaucracy that persecutes low-tax jurisdictions. But the economists at the OECD sometimes do good work (the same can be said of the IMF and World Bank, not that this justifies taxpayers subsidies for any international [...]
Archive for June 11th, 2010
Another Reason Why Welfare Is Economically Destructive
Posted in Dependency, Economics, Redistribution, Welfare, tagged Dependency, Economics, Incentives, Income redistribution, Marginal tax rates, Welfare on June 11, 2010 | 8 Comments »
Producers on Strike
Posted in Atlas Shrugged, Ayn Rand, Big Government, Government intervention, Government Spending, Jobs, Keynesian, Obama, Statism, stimulus, Taxation, Unemployment, tagged Atlas Shrugged, Ayn Rand, Economics, Government Spending, Jobs, Keynes, Keynesianism, Obama, Statism, stimulus, Taxation, Unemployment on June 11, 2010 | Leave a Comment »
The Wall Street Journal wisely warns against drawing too many conclusions from one month’s job data, but they also point out that the economy is much weaker than the White House claimed – in large part because of a series of public policy decisions that have rewarded sloth and punished production. Is anyone surprised that [...]
Taxpayers vs. Bureaucrats, Part XXX
Posted in Big Government, Bureaucracy, Bureaucrats, California, Taxpayer Ripoff, tagged Big Government, Bureaucracy, Bureaucrats, California, Taxpayer Ripoff on June 11, 2010 | Leave a Comment »
It is probably safe to assume that government bureaucrats are overpaid in every city and state, but it won’t come as a big surprise to learn that San Francisco is especially profligate. Here are some disturbing details compiled by Investor’s Business Daily: We have seen the future and it works — for certain people. Take [...]
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