By Daniel J. Mitchell
I was at the United Nations yesterday for something called “The High Level Thematic Debate on the State of the World Economy.”
Most speakers, including the secretary general of the United …
Daniel in the Looter’s Den: My Adventures at the UN is a post from Cato @ Liberty – Cato Institute Blog
By Michael F. Cannon
Richard Thaler writes in the New York Times: Justice Scalia is arguing that if the court lets Congress create a mandate to buy health insurance, nothing could stop Congress from passing laws requiring everyone to buy broccoli and to join a gym…Can anyone imagine Congress passing a broccoli mandate law, much less the court allowing it to take [...]
Stop Using Slippery-Slope Arguments? Where Would that End? is a post from Cato @ Liberty – Cato Institute Blog
By Michael F. Cannon
My French is rusty, but I’m pretty sure the Fresh Prince just flipped out at the idea of a 75-percent marginal tax rate like that advocated by France’s new socialist president. Will Smith: Socialists Just Don’t Understand is a post from Cato @ Liberty – Cato Institute Blog
Will Smith: Socialists Just Don’t Understand is a post from Cato @ Liberty – Cato Institute Blog
By Michael F. Cannon
Today is his last chance to stop an ObamaCare Exchange. Will Gov. Christie Volunteer New Jersey for ObamaCare’s Tax Hikes? is a post from Cato @ Liberty – Cato Institute Blog
Will Gov. Christie Volunteer New Jersey for ObamaCare’s Tax Hikes? is a post from Cato @ Liberty – Cato Institute Blog
By Daniel J. Mitchell
With both France and Greece deciding to jump out of the left-wing frying pan into the even-more-left-wing fire, European fiscal policy has become quite a controversial topic. But I find this debate and discussion rather tedious and unrewarding, largely because it pits advocates of Keynesian spending (the so-called “growth” camp) against supporters of higher taxes [...]
Paul Krugman and the European Austerity Myth is a post from Cato @ Liberty – Cato Institute Blog
By Michael F. Cannon
According to WSFA-12 News, Alabama legislators are working on legislation to create an ObamaCare Exchange. But: Governor Robert Bentley [R] will likely veto the bill. “This legislation is premature. The federal government has yet to establish clear guidelines for a health insurance exchange,” said Deputy Communications Director Jeremy King, in a statement to WSFA 12 News. “Also, [...]
Alabama Gov. Vows to Veto ObamaCare Exchange is a post from Cato @ Liberty – Cato Institute Blog
By Michael F. Cannon
Here’s the story from WIUS, the NPR affiliate at the University of Illinois Springfield: A health exchange is one of the main initial components of the Affordable Care Act. It’s basically a table of insurance plans people who don’t currently have coverage could choose from once the national health care law hits its stride. If [...]
From the Annals of ObamaCare: ‘Illinois Suspends Insurance Exchange Setup’ is a post from Cato @ Liberty – Cato Institute Blog
By Daniel J. Mitchell
I’ve argued, ad nauseam, that the single most important goal of fiscal policy is (or should be) to make sure the private sector grows faster than the government. This “golden rule” is the best way of enabling growth and avoiding fiscal crises, and I’ve cited nations that have made progress by restraining government spending. But [...]
Switzerland’s ‘Debt Brake’ Is a Role Model for Spending Control and Fiscal Restraint is a post from Cato @ Liberty – Cato Institute Blog
In The Wall Street Journal on Tuesday, Peter Diamond and Emmanuel Saez present a rambling defense of higher taxes on the rich to fund an engorged federal government. That they needed to throw out so many tired and errant arguments shows their entire argument is so much hot air. Of course higher taxes would slow economic growth. There are no ifs, ands, or buts about it. Diamond and Saez start out by arguing that, because the share of income earned by the top 1 percent of earners has doubled since … More
By Michael F. Cannon
(This blog post first appeared at Cato@Liberty following the release of the 2006 Medicare and Social Security trustees’ reports. I repost it, with updated links and “exhaustion dates” because sadly nothing else has changed.) Sometimes, Governments Lie Year after year, federal officials speak of the Social Security and Medicare trust funds as if they were [...]
Sometimes, Governments Lie (6th Anniversary Ed.) is a post from Cato @ Liberty – Cato Institute Blog
