Taxes and Spending

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Social Security's Winners and Losers

Taxes and Spending

Blog05/14/2019

If Social Security was efficient, equitable, reliable and sustainable, defending the status quo might be sensible. But it is none of those things.

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The Social Security Black Hole Has Arrived

Taxes and Spending

Blog05/13/2019

Despite spending nearly $2 trillion, or 45% of the federal budget, every year on Social Security and Medicare, the feds are headed toward insolvency, and there is no relief in sight.

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Unlike Real Insurance, Social Security "Insurance" Creates Greater Risk for the Future

Taxes and Spending

Blog04/30/2019

Social Security acts as a sort of "reverse insurance," doling out money now, leaving less for the future.

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In Spain’s Elections, the Left Wins, but the Economy Loses

Taxes and SpendingWorld History

Blog04/29/2019

The center-left in Spain survived last weeks elections. Whether the economy can survive the left's tax addiction remains to be seen.

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Government Spending on Colleges in the US Is Higher than in the Countries with "Free" College

EducationTaxes and Spending

Blog04/25/2019

Government spending on higher education is higher in the US than in Switzerland, Germany, or France. But colleges remain expensive here because they focus more on non-educational perks and extras.

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The Income Tax: Lessons from the Sixteenth Amendment

Taxes and Spending

Blog04/15/2019

The passage of an income tax in the early twentieth century in America was an enormous shift toward a far more centralized and powerful state.

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Ray Dalio's Hollow Lament

BiographiesMoney and BanksTaxes and SpendingPolitical Theory

Blog04/10/2019

Dalio played the game, by the rules of the game. Now he appears to say, "I've got mine, let's change the rules."

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Alberta's Regional Carbon Tax Is a Recipe for Disaster

The EnvironmentTaxes and Spending

Blog04/05/2019

If Canadian provinces (or US states) implement a regional carbon tax, they shouldn’t fool themselves that they are “doing the right thing.” Households and businesses will suffer from higher energy prices and slower economic growth, with very little to show for it.

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Will the Trade War End in a Rural Bloodbath?

Protectionism and Free TradeTaxes and Spending

Blog03/25/2019

Trump's high-tax trade policies have been a disaster for agriculture in the United States, marked by rising suicide among farmers, and declining incomes for farming households.

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Free Trade is Pro-Middle Class and Pro-Family

Protectionism and Free TradeTaxes and Spending

Blog03/14/2019

The benefits of free trade extend far beyond mere monetary gain. Free trade builds community, makes family life more affordable, and reinforces the importance of peace.

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