Jun 27
As many economists predicted, the passage of Obamacare is significantly limiting American productivity and prosperity. “Because of Obamacare,” writes Larry Kudlow, “there’s an additional 0.9 percent Medicare tax on salaries and self-employment income, a 3.8 percent tax increase on capital gains and dividends, a cap on health care flexible spending accounts, a higher threshold for …
Jun 26
Under James Madison’s constitutional theory, the separate branches of government would “check” each others’ powers by applications of their own officers’ rival jealousies. For example, legislators can cut the budgets of the executive branch when executive-branch officers overreach. In practice, such “checking” almost never happens, because all three branches have learned to share in common …
Jun 24
Socialism is a curse that should be wished only on one’s enemies. Every society that embraces it will ultimately become sick and weak. Greeks are now learning the lesson that years of socialized medicine, welfare, security entitlements and big government must be paid for. The Greek people mortgaged their children’s future a generation ago, and …
Jun 22
The Americans With Disabilities Act (ADA) was passed in the early 1990s and signed into law by President George H.W. Bush. The law was passed with claims that it would help get people with disabilities gainfully employed. But years later, we learn that the Act had the opposite effect. Employment of men with disabilities fell …
Jun 05
The government of Greece, like many world governments, has been on a slow-motion ride toward solialism for decades: redistributive taxes to take money from nonapproved groups and transfer it to approved gropes by force; welfare and entitlement supports to incentivize sloth and disincentivize hard work; the constant empowerment of organized labor, which slowly decreases the …
Jun 04
by Dr. Roger I. Roots Back in 2003, I authored a peer-reviewed article entitled “Terrorized Into Absurdity: The Creation of the Transportation Security Administration.” See here. (Scroll down.) I predicted that the TSA (which was brand new at that time) would cost 6 times more than the private-screening efforts that had previously operated at America’s …
May 15
Pictured above: the great entrepreneur James J. Hill PRIVATE-SECTOR RAILROAD INFRASTRUCTURE IS GENERALLY SUPERIOR TO GOVERNMENT RAILROAD INFRASTRUCTURE Days ago, a government Amtrak train derailed in Philadelphia, killing at least 8. Almost immediately, central planners and socialists began blaming (nonexistent) “infrastructure cuts” by fiscally conservative members of Congress. (That was before the evidence tended to …
May 09
Baltimore has recently been in the news for riots, systemic police brutality and entrenched poverty. Trusters of state interference have sought to blame these tragedies on the private sector, or even on the “1 percent.” Economist John C. Goodman asks: “Did Bill Gates, the world’s richest man, cause the breakdown of civil order in Baltimore? …
Apr 18
The Washington Post is out with a report that the FBI’s Forensic experts falsely testified in hundreds of criminal trials that hair samples taken from crime scenes matched hair folicles taken from defendants. In every one of these cases, the FBI was lying, exaggerating or overstating the strength of the alleged hair match. In many …
Apr 13
In the dreams of socialists everywhere, they wield the wand of government power and their goals are met magically. Consider the constant attempts of government supremacists to launch “job creation” programs by diverting money taken by force from taxpayers into various schemes and agencies. In New York, the governor launched a “Startup NY” program, providing …
