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Writing by John Tamny and Parkview contributors, from the latest commentary to the collected archive.
57 essays · Newest first
Clear filtersA government that is paying a billion dollars in interest per day is plainly taking in way too much tax revenue, thus its ability to run up so much debt in the first place.
Mick Mulvaney is disappointed with “everybody who gets elected” because they’re not like – you guessed it – Mick Mulvaney.
It’s popular among the conspiracy-minded and central bank-obsessed (frequently the two go together) to suggest that governments establish central banks to buy their debt. The very notion is…
Reagan tax cuts did cause deficits, but not for the reasons expressed by Democrats, Republicans, and supply siders.
In short, California already has a wealth tax whereby it arrogates to itself far too much of the fruits of rich people and rich company production. There’s the cause of the debt. Simple stuff.
What’s a more immoral leave-behind to the sainted “grandchildren”? Debt that investors line up to purchase at the lowest rates in the world, or a massive, resource-swallowing government that achieved…
We have massive debt because Treasury collects way too much tax revenue, and that’s because the American rich are wildly overtaxed.
Deficit hawks continue to make the debt the story, which means they’re distracted and they’re distracting their flock. $33 trillion in debt isn’t the problem as evidenced by how much investors line…
The implied point in the Post headline was that government spending makes most sense when the economy is weak, a supposition suggesting that central planning of resource allocation is most needed…
