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Tag Archives: taxes

Former Chief Economist at Dept of Labor: Federal Workers Are Rewarded When They Waste Your Money

In DC the general rule is that agencies should spend every single dollar allocated for that agency so that next year the agency can ask for even more. Plus agency managers measure their stature by the size of the budget they command. If for some reason the amount of money spent by agency X dropped significantly, this in the mind of the bureaucrats means a commensurate drop in power and influence for that agency. No one wants that. (No one inside the Beltway anyway.) So every year it’s spend spend spend. Little regard is given to the fact that it’s the taxpayer’s money the agencies are spending. Anyone who did raise the issue seriously would be laughed out of the boardroom.

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Ouch, the Bill for ObamaCare Coming Due

Obamacare is a disaster for a multitude of reasons, most of which we have documented here at one time or another. But it looks like the program will survive in some form and will be yet another government created vampire which slowly saps the energy of the US economy.

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The Man Behind the Hong Kong Miracle

Technically Hong Kong is now part of communist China, yet today it is perhaps the freest and one of the wealthiest places on Earth. One man, Sir John James Cowperthwaite, had everything to do with this.

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Letting the cat out of the bag on the role of public employee unions

Some people get on us for pointing out that public employee unions are kind of a JV crony team which costs the taxpayers of this country billions each year. Invariably the people who benefit form unionized government work howl and insist that they are in fact the “good guys.” They are just trying to do their job and to be paid adequately for it. And oh, by the way, don’t touch their pension. We should focus our attention on the evil corporate America.

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