A few readers were surprised by my mention Thursday that the U.S. tax code, while less progressive than it may initially appear, is actually the most progressive in the developed world. But it’s true! For example, look at how big a share of the income pie the top 10 percent gets vs. what share of… Read more »
Posts Tagged: Government
Why is Jon Stewart shocked to see that big government is awful?
For a guy who routinely mocks conservatives for favoring small-government policies, Comedy Central’s Jon Stewart certainly seemed shocked last night by the ineffectiveness of one of the most notoriously lousy big-government programs. The Department of Veterans Affairs is just one of many examples of government bureaucracy bogged down in inefficiency and drowning in red tape…. Read more »
Obama: Government Tyranny Impossible Because ‘Government Is Us’
In his big pitch in Colorado on Wednesday for further gun control, President Obama made an astonishing statement about gun rights advocates’ fears of governmental gun seizures. He said that such worries would just feed “into fears about government. You hear some of these folks: ‘I need a gun to protect myself from the government…. Read more »
ADP’s monthly report on private job growth hints at weakness in government report due Friday
Change in Nonfarm Private Employment (in thousands) Automatic Data Processing reported Wednesday that a seasonally adjusted 158,000 private-sector jobs were added to the economy in March, considerably fewer than forecast by a consensus of experts surveyed by Bloomberg in advance. That suggests that the government’s monthly jobs report due out Friday from the Bureau of… Read more »