In his seminal work, Parliament of Whores, P.J. O'Rourke had an absolutely brilliant chapter called (if memory serves), "How the F... Can They Spend That Much Money!" This new analysis from The Heritage Foundation lays out a pretty good idea about how much we're going to have to cut spending to get back to zero deficits.
The answer? A lot.
If you're one of my avid reader (ed: yes, I meant reader), then you'll know that I think government spending always crowds out private spending. A strong private economy will not resurface until the government starts to cut back. Here's hoping.
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Woke Terror
I recently heard a new phrase that stuck in my head like a dart in a dart board - Woke Terror . In our world a formerly innocent remark...
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I recently heard a new phrase that stuck in my head like a dart in a dart board - Woke Terror . In our world a formerly innocent remark... -
I had the great pleasure of reading and re-reading Adam Smith's "The Wealth of Nations" many, many years ago. I may be the onl...
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A quick essay by Robert Higgs at The Foundation for Economic Education asks the interesting question, Do We Really Consent to Be Governed? ...
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