Fiscal Policy
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Sham Bailout Statistics Shroud Shutdown Tyranny
“There is no reason to assume that Trump’s policies are better than his PPP data. Since the onset of the pandemic, both political parties and officials at all levels of government have often performed dismally. The biggest mistake Americans could make would be to permit politicians to absolve themselves now by giving away more of…
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Brace Yourself for Bipartisan Spending Insanity
“Sadly, we live in this world. And in this world, members of Congress and the administration don’t care about the size of government, any more than they care about most of our other freedoms.” ~ Veronique de Rugy
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The Adverse Economic Consequences of Higher Tax Rates
“The political impact will be that “the rich” pay more. The economic impact will be less capital formation and entrepreneurship, and those are the changes that hurt the vast majority of us who aren’t rich.” ~ Daniel J. Mitchell
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The Three Best and Worst Ideas of the Crisis
“I picked as my three best policies ones that target America’s most significant looming issues. (Some of these issues, unsurprisingly, were created by government interventions in the first place.) Good policies, of course, should allow for flexibility and innovation without bankrupting future generations.” ~ Veronique de Rugy
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Free Down Payments and Subsidized Mortgages are Not Social Justice
“Despite 50 years of debacles, politicians are still glorified for pretending that free downpayments and subsidized mortgages are “magic beans” that multiply social justice in America.” ~ James Bovard
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Let the Unemployment Benefits Expire
“The bottom line is that everyone needs to take a deep breath and let the unemployment insurance expansions expire. People, sensible adults that they are, will then naturally return to their lives and jobs.” ~ Vernonique de Rugy
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How We Got Into this Mess
“What we do know is that many states, especially highly populated ones like California and New York, put heavy constraints on individual freedom, destroying productive activities and causing havoc. By one estimate, lockdowns are costing the nation some $80 billion a week in lost production.” ~ George Melloan
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The Plan to Have Red States Bail Out Blue States
My exhibit reveals a distinct, positive relationship between state politics and debts. The more a state was governed by Democrats in recent decades, the larger is its current debt burden; the more it was governed by Republicans, the smaller is its current debt load.
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Rubio with Another Call for Industrial Policy
I trust that the consumers, entrepreneurs, business owners, investors, and innovators who make up that system will learn important lessons from the mistakes that might have been exposed during this pandemic and fill the gaps they identify. Do I trust the government to do the same? I don’t. Sorry.
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Washington Motto: Spend During Good Times and Spend Even More During Bad Times
According to the empirical evidence, there is little doubt that large government debt has a negative, and in many cases an increasingly worsening, impact on the growth potential of a debt-burdened economy.
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•
Sham Bailout Statistics Shroud Shutdown Tyranny
“There is no reason to assume that Trump’s policies are better than his PPP data. Since the onset of the pandemic, both political parties and officials at all levels of government have often performed dismally. The biggest mistake Americans could make would be to permit politicians to absolve themselves now by giving away more of…
-
•
Brace Yourself for Bipartisan Spending Insanity
“Sadly, we live in this world. And in this world, members of Congress and the administration don’t care about the size of government, any more than they care about most of our other freedoms.” ~ Veronique de Rugy
-
•
The Adverse Economic Consequences of Higher Tax Rates
“The political impact will be that “the rich” pay more. The economic impact will be less capital formation and entrepreneurship, and those are the changes that hurt the vast majority of us who aren’t rich.” ~ Daniel J. Mitchell
-
•
The Three Best and Worst Ideas of the Crisis
“I picked as my three best policies ones that target America’s most significant looming issues. (Some of these issues, unsurprisingly, were created by government interventions in the first place.) Good policies, of course, should allow for flexibility and innovation without bankrupting future generations.” ~ Veronique de Rugy
-
•
Free Down Payments and Subsidized Mortgages are Not Social Justice
“Despite 50 years of debacles, politicians are still glorified for pretending that free downpayments and subsidized mortgages are “magic beans” that multiply social justice in America.” ~ James Bovard
-
•
Let the Unemployment Benefits Expire
“The bottom line is that everyone needs to take a deep breath and let the unemployment insurance expansions expire. People, sensible adults that they are, will then naturally return to their lives and jobs.” ~ Vernonique de Rugy
-
•
How We Got Into this Mess
“What we do know is that many states, especially highly populated ones like California and New York, put heavy constraints on individual freedom, destroying productive activities and causing havoc. By one estimate, lockdowns are costing the nation some $80 billion a week in lost production.” ~ George Melloan
-
•
The Plan to Have Red States Bail Out Blue States
My exhibit reveals a distinct, positive relationship between state politics and debts. The more a state was governed by Democrats in recent decades, the larger is its current debt burden; the more it was governed by Republicans, the smaller is its current debt load.
-
•
Rubio with Another Call for Industrial Policy
I trust that the consumers, entrepreneurs, business owners, investors, and innovators who make up that system will learn important lessons from the mistakes that might have been exposed during this pandemic and fill the gaps they identify. Do I trust the government to do the same? I don’t. Sorry.
-
•
Washington Motto: Spend During Good Times and Spend Even More During Bad Times
According to the empirical evidence, there is little doubt that large government debt has a negative, and in many cases an increasingly worsening, impact on the growth potential of a debt-burdened economy.