Category Archives: Government Spending

More Power and Corruption: Inseparable Twins

Another potential scandal has erupted (it was already boiling beneath the surface) in the soccer world.  At first glance you would think this has nothing to do with politics.  And you would be wrong.  It appears that for many years now—no surprise—the FIFA, Fédération Internationale de Football Association, the world governing body for soccer—has been accepting bribes and kickbacks from both potential sponsors, who have a lot to gain, and governments, where politics comes in.  Countries may well.   Countries may… Continue Reading ››

New Books and More Arguments Against Inequality: Will It Ever End?

There is another new book out on the alleged problem of inequality.  This one is by Anthony Atkinson, a British scholar who wrote Inequality: What Can Be Done?  The book was just released so I haven’t had the chance to read it yet, but Richard Epstein, a legal and economic scholar with New York University and the Hoover Institution, has read it and has written a very good piece on the book and the issue in general.  You can read… Continue Reading ››

Running Off the Rails

First let me say that I am saddened by the Amtrak tragedy in Pennsylvania recently.  Second, I admit I love trains—riding in them and watching them.  So I am not longing for railroads to disappear.  What I am disturbed about is the immediate use of this accident by Democrats  (and I am sure a few Republicans will join the chorus) for partisan political purposes.  Without any actual evidence of fault or cause, they have both lambasted conservatives and at the… Continue Reading ››

The Only Hope for Inner Cities in the Long Run

President Obama simply can’t resist taking shots at Republicans anytime something bad happens (to foreclose any response from those who will reply that Republicans do it too, I will challenge that if you wish).  In this case it was the Baltimore riots, which by now everyone knows about.  In his press conference today, the president said that if the Congress had adopted his proposals, much of what happened in Baltimore would not have occurred (in fairness, he did call the… Continue Reading ››

A Bad Proposal

An Inside Higher Ed piece by Paul Fain (“Free Community College: It Works,” Feb. 5, 2015) argues that providing free education at community colleges works because, get this it leads to “increased degree production.”  Well there is a brilliant study, stating the obvious, but not really getting the point that when something is “free” the demand for it will naturally increase—people want more of it.  More people go to college and more get degrees.  This is unfortunately what we have… Continue Reading ››

Another Historical Distortion, by Bill Maher

Bill Maher tells authoritatively that capitalism did not produce a middle class.  It was actually worse than that.  I quote extensively from his statements on “Real Time” on HBO because you have to read it to believe someone said it: “so what’s happening is, the Democrats are proposing to nibble around the edges of our middle-class problem, and the Republicans are pretending to care while they go back to servicing eight rich d*ckheads who own coal mines, and no one… Continue Reading ››

President Obama and The Share Our Wealth Plan: Redux

I wrote my last post just prior to the State of the Union Address and admitted to the foolishness of doing so.  I am not writing today to toot my own horn, but I have to say, I was not too far off.  Let me remind you of the promises of Huey Long’s Share Our Wealth Plan:  guaranteed income, home, car, radio, college education, retirement, vacation time for American workers and medical care for veterans.  Realizing that the country already… Continue Reading ››

Groundhog Day Budget

The Administration’s Budget, released February 2, 2015, saw its shadow and is predicting at least 12 more years of ever encroaching federal government, rising taxes, and a more well defined Nanny State. Based on Table S-4 “Adjusted Baseline by Category”, outlays are expected to increase by more than 80% from 2012 to 2025. This diagram simply illustrates nominal expenditure by the federal government. A much better indicator of the size of the federal government is spending as a percentage of GDP. Over the… Continue Reading ››

President Obama and The Share Our Wealth Plan

It is probably not wise to write a blog on the evening of the State of the Union address–before listening to the address–but it isn’t the most foolish thing I have done in life.  Scripture has a number of warnings about being foolish, and I am hoping that Americans take heed.  President Obama unveiled a plan on January 9th that would provide free community college to young Americans willing to work for it.  The requirement to work for it is… Continue Reading ››