Both President Reagan and President Obama had to deal with serious economic dislocation upon taking office. But they used radically different approaches to deal with the problems they inherited. Reagan sought to reduce the burden of government, whereas Obama viewed government as an engine of growth. So who had the right approach? This image, taken [...]
Archive for April 29th, 2011
No Contest When Comparing Reaganomics and Obamanomics
Posted in Economics, Fiscal Policy, Government intervention, Obama, Reagan, tagged Economics, Fiscal Policy, Government intervention, Obama, Obamanomics, Reagan, Reaganomics on April 29, 2011 | 7 Comments »
Why Do Rich Left-Wingers Support Class-Warfare Taxes?
Posted in Class warfare, Statism, Taxation, tagged Class warfare, Statism, Taxation on April 29, 2011 | 17 Comments »
Why do some people instinctively despise wealth and want to tear down those who are successful? This question has been percolating in my mind because I am in Monaco to speak to the IXth international conference of the Convention of Independent Financial Advisors. This tiny principality is an amazingly prosperous place, easily the richest jurisdiction [...]
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