Government Spending Is the Real Tax; Deficits Are a Sideshow
While politicians claiming to be "fiscally responsible" call for balanced budgets, the real drag on the economy is government spending itself.
While politicians claiming to be "fiscally responsible" call for balanced budgets, the real drag on the economy is government spending itself.
American politicians claim that excessive military spending makes Americans "safe." The record shows otherwise.
By making covid a political virus, progressive politicians, cheered on by their media, applied political “solutions” that failed to protect the most vulnerable people.
There are two competing visions for the Right.
Ireland has been "experimenting" with MMT and price controls. The results are predictable.
While supporters of the Biden administration fault Putin for shortages, Austrian economists know the answer lies in Washington's monetary and economic mismanagement.
While the covid-19 pandemic brought sickness and death, another pandemic raged through Washington: abuse of executive power.
The combination of covid lockdowns, money pumping, and attempts to force a new green economy are taking their toll. This is not going away any time soon.
After the 2008 housing bust, the government supposedly set up a fail-safe mortgage program aimed at preventing future bubbles. It failed.
While the standard secular narrative is that Christianity held back science and human development, history tells a different story, one of literacy and the development of human capital.