[audio:2010_11_15_skarbek_madmiddle.mp3] Download mp3 file. The Government Cost Calculator is a project of the Independent Institute’s Center on Entrepreneurial Innovation. To find out what Washington’s spending spree is costing you, please go here!
News reports suggest that the Obama administration’s “Cash for Clunkers” program has been an unalloyed success. Eligible for a rebate of up to $4,500 if they trade in their old (but not too old) gas-guzzlers, it is not surprising that the owners of qualifying vehicles have rushed to their local auto dealers to claim […]
My old friend John Chapman channels Bastiat in a new op-ed: A lesson from the parable is that government spending cannot create wealth; it can at best redistribute it, often accompanied by waste. The clunkers program certainly helps auto manufacturers, sellers and participating buyers, today; this is what’s seen. But it hurts used-car buyers, […]
The Onion News Network hilariously and insightfully satirizes the escalation of the gigantic spending, debt, and disregard for constitutional law by the U.S. government, “U.S. Government Stages Fake Coup to Wipe Out National Debt:” U.S. Government Stages Fake Coup To Wipe Out National Debt To understand the folly of Barack Obama’s New, New Deal, […]
Unprecedented budget deficits at the local, state and federal levels of government should not be cause for despair, but rather taken advantage of to force the public sector to confine itself to its constitutionally delegated powers. In last Thursday’s (June 18, 2009) Orange County Register, columnist Shawn Steel jumped on a bandwagon I’ve been […]