Tax Politics
The Politics of Taxes
Duncan Hunter Misses It On Missing Businesses
In an Op-Ed to the Washington Times last week (Stop Exporting American Jobs 8/23/11) Rep. Duncan Hunter assiduously notes that very little is being said about jobs moving overseas but he fails to point out the obvious reason why: our government policies are the...
Thomas Sowell: An Unusual Economy?
Thomas Sowell is undeniably one of the most influential economists of our day. Below is his latest article, discussing the reasons why the economy, business, and labor markets remain sluggish --uncertainty due to Obama's policies. I have written on this topic before,...
Bill Gates Strikes Out
It appears that Bill Gates is going the way of Phil Rizzuto and Ralph Kiner. For those of us old enough to remember, both Rizzuto and Kiner were the absolute pinnacle of professional baseball. They went on to become Baseball Hall of Famers and are regarded as two of...
NY Pension System Problems
The New York pension system is out of control. In addition to the extravagant, irresponsible and under-reported negotiated levels of benefits, there is an additional characteristic of the system that is never talked about. There is a huge break that goes to New York...
Larry Reed: Seven Principles of Sound Policy
My good friend Larry Reed over at the Foundation for Economic Education (FEE) has an old speech that is a "must read" for anyone who cares about a free economy. Below, I list his seven principles, but I urge you to follow the link at the end and read the piece in its...
Downgraded
The S&P has downgraded our rating to AA+. Here is their press release, reprinted below in its entirety. TORONTO (Standard & Poor’s) Aug. 5, 2011–Standard & Poor’s Ratings Services said today that it lowered its long-term sovereign credit rating on...