Like the swallows returning to Capistrano, the Congressional Budget Office follows a predictable pattern of endorsing policies that result in bigger government. During the debate about the so-called stimulus, for instance, CBO said more spending and higher deficits would be good for the economy. It then followed up that analysis by claiming that the faux [...]
Archive for July 31st, 2010
With Tax Increases Looming, CBO Does About-Face and Frets about Deficits and Debt
Posted in Big Government, CBO, Congress, Debt, Deficit, Economics, Fiscal Policy, Government Spending, Health Care, Health Reform, Higher Taxes, Hypocrisy, JCT, Jobs, Joint Committee on Taxation, Keynes, Keynesian, Laffer Curve, Obama, Spending, stimulus, Supply-side economics, Taxation, tagged CBO, Congressional Budget Office, Debt, Deficits, Dynamic Scoring, Fiscal Policy, Government-run healthcare, Hypocrisy, JCT, Joint Committee on Taxation, Keynes, Keynesian Economics, Laffer Curve, Obamacare, stimulus on July 31, 2010 | 2 Comments »
New Academic Study Shows Obamanomics Will Undermine Prosperity
Posted in Class warfare, Competitiveness, Economics, Fiscal Policy, Higher Taxes, Jobs, Obama, Supply-side economics, Tax Increase, Taxation, tagged Competitiveness, Economic growth, Higher Taxes, Jobs, Obama, Tax Increases, Tax rates, Taxation on July 31, 2010 | 6 Comments »
These results won’t come as a surprise to anyone who has compared long-run growth rates in Hong Kong, the United States, France, and North Korea, but there’s a new study by three economists showing that nations with better tax policy grow faster and create more jobs. There are many other factors that also determine growth, [...]
Not Just an Ordinary Limousine Liberal…
Posted in Collectivism, Elitism, Environmentalism, Hypocrisy, Statism, tagged Collectivism, Elitism, Environmentalism, Hypocrisy, Prince Charles, Statism on July 31, 2010 | 1 Comment »
I don’t know whether he is a poster child for the dangers of inbreeding or a rich dolt who is seeking meaning in his life, but Prince Charles takes left-wing hypocrisy to an entirely new level. His “carbon footprint” almost surely is bigger than 99.9 percent of the world’s population, yet this pampered and clueless [...]