Here’s an example of how California arguably over-regulates. California Proposition 65 requires businesses to post a sign warning customers about the potential presence of significant amounts of toxic chemicals in their locations. That sounds like a good idea! But the devil is in the details. During our winter break trip to southern California, the place we were […]
Many conservatives objected when Massachusetts Senate candidate Elizabeth Warren argued that the government is entitled to a “big hunk” of what rich folks have because they relied on many government services and facilities to garner their wealth. Bob Higgs of the Independent Institute notes in this short comment that things could be worse.
From The Wall Street Journal 12/29/11 – By Karl Rove – As New Year’s approaches, here are a baker’s dozen predictions for 2012. 1) Republicans will keep the U.S. House, albeit with their 25-seat majority slightly reduced. In the 10 presidential re-elections since 1936, the party in control of the White House has added House […]
Even with voter approval of Congress at a record low of 11%, cronyism still runs strong. Michelle Malkin comments on the nomination of a federal judge whose confirmation might just help New Jersey senator Frank Launtenberg get reelected — if he doesn’t expire from old age first.
Well, he wasn’t actually walking in their shoes. Dave Lister was riding in the ill-equipped cars of Portland police officers when he prepared to write a piece published last week in The Oregonian. The piece recounts the real time failure of a $14.5 million 911 dispatch system acquired by Portland’s Bureau of Emergency Communications in […]
For a conservative with libertarian leanings, there is much appealing in the consistent libertarian message of Congressman Ron Paul. He is for free markets. He is for limited government. He is for government compliance with the Constitution. He is for freedom from government suppression and abuse of power. In sum, he is for liberty, even […]
Just in time for Christmas, EPA Administrator Lisa Jackson announced new limits on mercury emissions from coal fired power plants. Despite Jackson’s claims to the contrary, the result will be modest health benefits in return for significantly higher electricity bills. A Wall Street Journal editorial explains the double counting of benefits and the underestimation of […]
The Daily Caller reports on the top ten stupid federal expenditures last year. The list is drawn from Senator Tom Coburn’s Wastebook 2011. A sample: $764,825 for a study on how college students use cell phones and social media. And that’s number ten on the list.
AT&T has abandoned its effort to acquire struggling T-Mobile in a deal that the government suggested might lead to higher wireless prices, though economic theory and experience suggest just the opposite. Diane Katz, writing in The Foundry, observes that the government doesn’t hesitate to impose hundreds of billions in regulatory costs, but doesn’t want to […]
Jimmy Moncrief, a banker from Chattanooga, Tennessee, has just published a book titled “Everything Obama Knows about the Economy.” The book is a quick read — 200 blank pages. The evidence seems to support Moncrief’s thesis. The book is available at Amazon.com here.
Former Florida Governor Jeb Bush borrows Congressman Raul Ryan’s term “the right to rise” in making the case for less government regulation, more freedom, and the right of individuals to rise and, yes, fall. Despite all of our economic struggles, government at all levels continues to throw more and more obstacles in the pathway of […]
If you think we can restore economic prosperity and reduce government debt by getting Congress and our state legislatures to control spending, this interview with a college economics professor will cause you to think again. If the students in his classes are representative, we are facing a generation of future voters who think it’s the […]
OUR BUDGET CRISES ARE POLITICAL, NOT ECONOMIC - Once again we seem to be moving toward another self-imposed budget crisis in Washington, D.C., this time over the scheduled expiration of the one-year payroll tax cut and extension of unemployment benefits that were passed last December. At one level the crisis is self-imposed because both parties […]
Count on President Obama to make much of the killing of Osama bin Laden during the coming presidential election. Charles Krauthammer, writing in today’s Oregonian, says the bin Laden killing showed “decisiveness and political courage,” but that it demonstrated no foreign policy sophistication because there was really no other option for the President. “[F]orgoing a […]
After voting for the Patient Protection and Affordable Care Act (Obamacare), Senator Wyden belatedly may be coming to his senses on health care reform. Wyden has teamed with Republican Paul Ryan of Wisconsin on a proposal for Medicare reform. [see their op-ed in today's Wall Street Journal] It will take serious analysts a few days […]
The Endangered Species Act was intended to identify animal and plant life that is determined to be in peril of extinction and to recover those species. This original purpose was and remains a laudable goal. However, the Act has two fundamental flaws. The first is that no economic considerations are permitted to be included as […]