Tag Archive | "Waste"
Government Doing What It Does Best – Waste Your Money and Make Your Life Harder
Main Street creates approximately 70 percent of all jobs, yet the White House consistently and constantly acts against Main Street’s interests, making life harder and harder for small business. A recent Op-Ed published at associatedcontent.com highlighted this. Some excerpts: Complexities in the code and a labyrinth of rules to obtain credits mean tax compliance costs […]
Continue reading...So Why No Economic Recovery? Avaricious Government and Hesitant Entrepreneurs.
Friday, June 18, 2010
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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...Cash For Clunkers is a Modern-Day Version of the Broken Window Fallacy
Monday, August 3, 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.
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Monday, June 13, 2011
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