We're Number Two, Stimulus Fail, & The Largest Tax Hike In History
The Arkansas Project
Congratulations Arkansas, we're number two! (for barriers to job creation) A new report from the Institute for Justice outlines Arkansas' regulatory tyranny. Max Brantley is still after those dangerous ALECpeople--but he's dangerously silent about our state's Medicaid crisis. And check out the video of my insightful visit with an Occupy Little Rock member.
Demolishing Paul Ryan
With the presidential battle begun, the Obama campaign has revived the Cold War nuclear strategy of launch on warning. At any suggestion that a conservative idea might be threatening its ideological fortress, the American left now launches ICBMs of rhetorical destruction. Daniel Henninger explains at The Wall Street Journal.
Movie Production Incentives in the Last Frontier
State film tax incentives have exploded in popularity in the last decade. In 2000, only three states offered the subsidies. By 2010, the number of states offering incentives had peaked at 40. Among these, the state government of Alaska offers one of the most generous incentive systems, say I. Harry David and Mark Robyn of the Tax Foundation.
The Moral Case for Capitalism
Capitalism has become the scapegoat for many social woes. When critics are pressed to assert their opinion, a couple of distinct charges are leveled at the economic system: it generates inequality and it threatens social solidarity by allowing individuals some priority over their communities, says James R. Otteson, chair of the Philosophy Department at Yeshiva University in New York, as reported by theNational Center for Policy Analysis.
Scott Walker is No More Anti-Union Than FDR
Those trying to oust Wisconsin Gov. Scott Walker in a June 5 recall election are portraying him as a wild-eyed, Koch-brothers-controlled, right-wing ideologue hell-bent on destroying unions. In reality, Walker is more like a panicked accountant trying to fix the Badger State's out-of-whack books. Shikha Dalmia explains at Reason.
Why We're Losing
It seems intuitive to think that a smart group of planners concerned about the collective good can accomplish more than free people pursing their own interests individually in the private sector. But history is filled with examples of how the solutions politicians propose create new problems without solving the old. John Stossel expounds at Reason.
Obama's College Promises
The Obama campaign has a message for young-adult voters: When it comes to higher education, the president will dole out taxpayer dollars and "free stuff" at the rate Joe Biden makes gaffes. Katrina Trinko explains at NRO.
Sometimes a trivial embarrassment can become a teachable moment. It was recently revealed that Harvard professor and U.S. Senate candidate Elizabeth Warren had self-identified as a Native American for nearly a decade - apparently to enhance her academic career by claiming minority status. Victor Davis Hanson explains at NRO.
The Real Palestinian Refugee Problem
After World War II, the British left India, which was to be partitioned into two independent nations. One of them would have a Hindu majority, the other a Muslim majority. More than 7 million Muslims moved to the territory that became Pakistan. A similar number of Hindus and Sikhs moved to India. Today, not one remains a refugee. Clifford May examines at NRO.
Why Nurses Need More Authority
The United States is facing a severe shortage of primary care physicians. In addition to issues such as general population growth, especially among the elderly, is the problem of the Affordable Care Act (ACA). Providing coverage to millions more Americans, demand for primary care is expected to increase sharply, further exacerbating the shortage of physicians, says John Rowe, according to the National Center for Policy Analysis.
Obama's Technocratic Meddling
In his new book The Escape Artists: How Obama's Team Fumbled the Recovery, Noam Scheiber, a senior editor at the venerable liberal journal The New Republic, presents a reminder that the senior officials who drive the policymaking process are also people with unique and often clashing personalities. Peter Suderman expounds at Reason.
The Tale of the Whale
Mr. Brennan beat me to the punch on J. P. Morgan, and I do indeed suspect that he is right that this "London whale" episode will be used to argue to for regulations that would have done nothing to prevent it. Kevin Williamson of NRO explains.
Stimulus Spending Keeps Failing
The weak economic recovery in the U.S. and the even weaker performance in much of Europe have renewed calls for ending budget austerity and returning to larger fiscal deficits. Curiously, this plea for more fiscal expansion fails to offer any proof that Organization for Economic Cooperation and Development (OECD) countries that chose more budget stimulus have performed better than those that opted for more austerity. Similarly, in the American context, no evidence is offered that past U.S. budget deficits (averaging 9% of GDP between 2009 and 2011) helped to promote the economic recovery. Robert J. Barro explains at The Wall Street Journal.
Stopping the Largest Tax Hike in History
The largest tax hike in history is due to strike the United States on January 1, 2013. Known as "Taxmageddon," it would impose $494 billion in higher taxes on the American people in the first year. Read more from The Heritage Foundation.
The Trial of the Alleged Masterminds of 9/11
Are natural rights truly inalienable, as Thomas Jefferson wrote in the Declaration of Independence, or can the government take them away from those it hates or fears? Does the Constitution protect the rights of all persons who come in contact with the government, or does it protect only certain Americans, as the government argues? Andrew Napolitano examines at Reason.