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What is Big Government?
Big Government shouldn’t be confused with Government proper. Government proper, limited in its power and scope to only those tasks which legitimately protect life, liberty, and property from fraud and criminality, is not Big Government. It is the foundation of a free civilization. Here are some definitions of Big Government from a few online dictionaries. […]
Continue reading...So Why No Economic Recovery? Avaricious Government and Hesitant Entrepreneurs.
18. June 2010
Comments Off on So Why No Economic Recovery? Avaricious Government and Hesitant Entrepreneurs.
The Federal Government’s wasteful spending, institutional meddling, and taxpayer plundering is giving us hesitant entrepreneurs. Robust job growth requires boldness and risk-taking in the private sector. What we have now is boldness and risk-taking in the public sector. It is loading as much debt onto the balance sheet as possible, and creating the predicate for […]
Continue reading...A New Look at Cash for Clunkers Confirms what Stimulus Programs do – Nothing (but Harm)
2. June 2010
From the Coyote Blog, see the graph below. Stimulus funds just create purchases now that will be forgone later. And they subsidize the purchases with tax funds or debt, basically transferring funds from one person to another for no good reason (other than buying votes, of course). The dotted line simply averages the sales for […]
Continue reading...Small Business is now the “Most Trusted Institute” in America
25. April 2010
If America is to return to greatness, it will be on the backs of its small businesses. Not just because we’re the most important job creators in the country, but because we’re also the most trusted group in America. Be proud, small-business owners! You’re now the most trusted group in America. Listen up, federal government! […]
Continue reading...Cash for Clunkers update – predicted failure now *fully* confirmed even more than previously
23. March 2010
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Not to toot our own horn, but, toot toot. Graph from the American Thinker, Care Sales ($millions) Reported by Dealers.: Cost to taxpayers for each extra car sold because of Cash for Clunkers: $20,000 Number of clunkers turned in (and taken out of the market): 677,081 Price increase for used cars since CfC: 13.7% Change […]
Continue reading...Cash For Clunkers is a Modern-Day Version of the Broken Window Fallacy
3. August 2009
Cash For Clunkers is an economically unsound program that will only make the American economic situation worse. It transfers wealth from one group of people to another while simultaneously destroying real wealth and misallocating scarce capital away from its best use. To understand why this is, you need only understand the Broken Window Fallacy.
Continue reading...Historical Revisionism Alert! Who you gonna believe, me or your lying eyes?
16. July 2009
From Hot Air: New White House spin: Stimulus not designed to … stimulate ABC Reports today that White House spokesman Robert Gibbs said at a briefing Thursday, The $787 billion “American Recovery and Reinvestment Act” (AARA) was not designed for full economic recovery, but rather to “stabilize” the downturn. That’s the word from White House […]
Continue reading...How the Federal Reserve hurts small businesses and what you can do to fix it
16. July 2009
Note: The below is an updated take on a post I wrote and published this in early October 2008 under the title, “The Super Easy Guide to Understanding The Financial Crisis.” Stick with it. When you understand how the Federal Reserve hurts small businesses, you will understand why it is so important that we urge […]
Continue reading...People want to hear an anti-bailout message
9. June 2009
Governor Mark Sanford's anti-bailout TV commercial resonated (off the charts) with people who self-identify as Republicans and Democrats.
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13. December 2011
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