The security lines at the Atlanta airport had grown progressively worse. The lines grew longer, the crowds ever more unruly, the invasiveness of the process ever more intense, the mood of the TSA more crabby and scary. Customers were miserable. It had been getting more terrible all the time, unsustainably so.
Union membership rates are at their lowest point ever. Political bias and smear tactics are turning off potential members. The only way to reverse Big Labor's downward spiral is for unions to prove their worth to workers, something unions seem unwilling to do.
Sacramento Former Clinton-era Labor Secretary Robert Reich, now a public-policy professor at the University of California at Berkeley, has warned that "we are heading back to levels of inequality not seen since the Gilded Age of the late 19th century," invoking the term applied to a society fest...
When I debate one of my leftist friends about deficits, it's often a strange experience because none of us actually care that much about red ink. Restraint v. Tax Increases I'm motivated instead by a desire to shrink the burden of government spending, so I argue for spending restraintrather than tax hikes that would " feed the beast."
On the eve of the crisis, the tax burden in Greece totaled 38.9 percent of GDP. This year, taxes are projected to reach 52.0 percent of economic output. Government spending, however, has only been reduced from 54.1 percent of GDP to 52.2 percent.
Over sixty percent of California voters went for Hillary Clinton -- a margin of more than 4 million votes over Donald Trump. Since Clinton's defeat, the state seems to have become unhinged over Trump's unexpected election. "Calexit" supporters brag that they will have enough signatures to qualify for a ballot measure calling for California's secession from the United States.
France is in big trouble. France pays the highest tax rates in Europe. The fiscal sectors are so bad that even parts of the government are concluding that market-based reforms are necessary. And they don't have any presidential candidates that stand for liberty.
Betsy DeVos has been confirmed as Secretary of Education, but just barely. In the course of the hearings, outrageous claims were made about her views. Most originated from the public school industry itself, which is clinging to old forms for dear life. The result has been nothing but confusion.
February 7, 2017   |   admintam It is often not fully understood just how ignorant most US Representatives are when it comes to the finer details of foreign policy. Members get their news from an even narrower pool of information than many Americans, who are by and large abandoning the mainstream media.
In one of my periodic attempts to create themes for these columns, I developed a "fiscal fights with friends" category. Part I was a response to Riehan Salam's well-meaning critique of the flat tax. Part II was a response to a good-but-timid fiscal plan from folks at AEI.
Harmonization can lead to conformity and stagnation - resulting in superior alternatives not being explored. Rather, policymakers should look to competition among regulatory regimes. This "discovery process" is a better way to reduce transaction costs and thus increase voluntary wealth creation.