“We’re Number 17!!!” This lacks a certain triumphant note. It is nothing like the “We’re Number 1!” the Swiss are now hollering as they pump their arms into the air, waving giant #1 foam fingers against the backdrop of snow-covered Alps. Actually, knowing the Swiss, they are probably a bit
Daniel Mitchell, a senior fellow in fiscal policy at the Cato Institute, is a nice guy. But he’s sort of depressing, too. Weeks ago, writing for the Foundation for Economic Education (FEE), Mitchell offered that “The Washington, DC Gilded Class Is Thriving.” He even provided a “depressing chart” graphing “median
Bill Maher began the panel segment of his latest Real Time with Bill Maher episode taking on the “children at the border” problem. He identified the underlying cause: drug cartels. His solution? Legalize all psychoactive drugs, particularly cocaine. Wait a minute. The best response to a border crisis is to
Democrats and their many shills in the major media decry Republican intransigence and “absolutism” on the “settled matter” (un)popularly known as Obamacare. Yesterday, rather than give an inch to the House Republicans they accuse of intransigence, Senate Democrats voted to uphold the Affordable Care Act, including their own special exemption
Too many people want to push America’s schools in the wrong direction. Neal McCluskey, of the Cato Institute, isn’t one of them:
Two court cases come to our attention, courtesy of Cato’s Ilya Shapiro. Both involve the favoring of members of one group over another. The Sixth Circuit ruled that a voter-approved amendment to the Michigan state constitution outlawing racial preferences in college admissions would violate the U.S. Constitution’s equal protection clause.
Should courts be outlawed from thwarting outlaws? The Environmental Protection Agency has acted to unilaterally ban a pesticide in use for decades. Writing for the Cato Institute’s blog, Ilya Shapiro notes that the agency’s move exemplifies “a growing trend among federal agencies and courts to incrementally expand the government’s enforcement
Every time a financial fiasco hits, politicians readily expand regulations. But what’s the point of adding to the regulatory barrage if it’s all just for show? They studiously avoid asking the right questions: What previous regulations caused (or helped cause) the fiasco? What previous regulations that could have prevented the
State and local governments have been hard hit by the current depression. What to do? Cut. But where? Well, legislatures could simply repeal all increases and programs starting with the most recent, going back month by month, year by year to nix spending until total spending dips below current revenue.
President Obama suggests that all economists agree that the best way to dig the economy out of its giant hole is to dig that hole faster and harder. Too much debt? Pile on more. Consumers not “buying enough”? Tax and borrow more to spend more to subsidize more buying. I