The ongoing economic suicide of Europe is based on a faulty understanding of the climate issue by most Western politicians and on their extreme policy response, based on emotion rather than logic and science. The major European economies have reacted irrationally to contrived, unjustified fear of imagined global-warming disasters
Why is it that government grows in size and scope, and is so difficult to stop or reverse? Political economist, Gordon Tullock, who passed away on November 3, 2014 at the age of 92, was a path-breaker is explaining how and why big government keeps getting bigger.
Heartland Institute writer Paula Bolyard joins The Heartland Institute’s Budget and Tax News managing editor, Jesse Hathaway, to discuss a lawsuit filed by former Chicago Bears linebacker Hunter Hillenmeyer against the city of Cleveland, Ohio.
With recent news about Burger King and medical device manufacturer Medtronic relocating their headquarters outside of the United States to avoid high corporate taxes, the subject of corporate inversions has been a big topic of discussion in the media. While President Obama and the Treasury Department condemn these moves and construct roadblocks to prevent inversions, they fail to see the reasons that drive these corporations overseas.
What is far and away the most important global trade commodity? Food. People have to eat. Before the world’s peoples can afford to purchase from us an iPhone, or a Ford pickup truck – they have to buy (hopefully our) food.
For those concerned about the U. S. government going in debt $1.5 billion every day, rejoice. Here is a chief example–EPA Administrator Gina McCarthy will be in Atlanta October 26 to address the National Congress of American Indians. (The News Announcement follows this article.) No doubt she will be giving out large amounts of ‘wampum’ to keep tribal support for EPA regulations that inhibit economic growth of the United States.
“Government is the great fiction through which everyone endeavors to live at the expense of everyone else,” wrote the celebrated French legislator, economist, and political theorist Frederic Bastiat 165 years ago. With recent reports out of the Census Bureau indicating nearly half of all Americans are receiving some form of direct government subsidy – Social Security, Medicare, Medicaid, food stamps, unemployment benefits, housing assistance, veterans’ benefits, etc. – can there be any doubt he was right?
In 2011, numerous local-government special-interest groups and elected officials fought against Gov. John Kasich’s proposed reduction to the Local Government Fund, a pool of taxpayers’ money collected by the state government and redistributed to local governments’ general revenue funds.
To paraphrase the knight who guarded the Holy Grail in “Indiana Jones and the Last Crusade,” Ireland has chosen poorly.
The Emerald Isle has decided to make itself decidedly less attractive to people the world over.
American companies that reincorporate abroad are not doing so to avoid paying taxes on U.S. earnings, despite the often misleading impressions left by the rantings of Senators Carl Levin, Dick Durbin, Elizabeth Warren, and others to the contrary. They are doing it to avoid paying U.S. taxes on earnings in other countries.
Twenty-two years ago a bunch of green activists calling themselves “The Earth Summit” met in Rio and invented a way to tour the world at tax-payers’ expense – never-ending conferences on environmental alarms.
In a more rational, moral, compassionate, scientifically literate world, this Cornwall declaration would not be needed. It assesses the “far-reaching, costly policies” that the world’s governments are adopting, supposedly to prevent global warming and climate change. It calls on governments to focus instead on protecting the poor, who desperately need the affordable energy that those policies circumscribe.
Writing in The Orange County Register, the distinguished urbanologist Joel Kotkin notes that many conservatives are now “waging a war on middle-class America” through their support for trendy progressive “smart growth” policies. Such policies are the stock in trade of an urban planning movement that has been in power for about a quarter-century now, promoted by certain business interests (aka rent-seekers) in a coalition with elitist progressive politicians and upper-class and aspiring-upper-class cultural snobs.
The United States has been facing an economic malaise and severe foreign policy issues since the end of the last recession in 2009. Inept energy policies can be blamed for much of these problems. It is prudent for energy policy to be elevated to a number one issue in the 2014 and 2016 elections in order to restore the nation’s economy and international leadership.
With 9-11 nearly upon us, ISIS is brazenly beheading American journalists—with a promise of more to come; Christian congregations have been bombed during worship, churches have been destroyed, monasteries attacked, entire cities purged, hundreds of thousands have fled, while others have been slaughtered; and cities, weapons, banks, and key infrastructures are being captured. Surely, with all of these horrors playing out before our eyes, the crisis in Syria and Iraq is the “most consequential, urgent, sweeping collection of challenges we face.” No, the quote above was made about climate change by Hillary Clinton—the heavy favorite for the Democratic 2016 presidential nomination—before a standing-room-only crowd at Senator Harry Reid’s seventhNational Clean Energy Summit (NCES 7.0) held in Las Vegas on Thursday, September 4.
The total federal government spending in 2013 totaled $3,454,253,000,000—over $3.4 trillion—encompassing defense, highway and transportation costs, public education, immigration services, and government worker salaries, to name a few.
Political rhetoric in the United States, particularly on the right, has a strong tendency to focus on the incomparable economic freedom of Americans and American businesses. They portray the rest of the world as more socialistic and the American system as the closest thing to a free market economy operating in the world. Yet that is far from the truth. In fact, America is swiftly being supplanted as a preferred place of business by many other countries in the rich world.