Browsing All Posts filed under »Government Interference«

New Fed study suggests net job creation from Porkulus was … zero

December 6, 2010

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The economists at e21 take a long look at a new study by Daniel Wilson at the San Francisco Fed on the effect on employment from the Obama administration’s stimulus plan, which indicates that the impact was a lot less than advertised.  Instead of adding two million jobs to the economy, the Fed finds that […]

Public vs. Private

October 5, 2010

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One would think that, at the very least, our government at some level should be capable of operating elections, right? It is an essential function of the institution. And, after all, we all thought the 2000 election was a clarion call for “reform” with it’s hanging chads an Supreme court finale. We thought wrong. New […]

Video: Democrats don’t know how to create jobs

October 5, 2010

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Watch the rambling non-answer given by Richard Blumenthal during the Connecticut debate last night. Linda McMahon directly challenged the lifetime public-sector official to describe how jobs get created, and Blumenthal showed that he clearly has no clue (via Real Clear Politics): We should create jobs by “creative policies”? Bzzzz! Sorry, wrong answer, but thank you […]

We are paying attention, John Kerry

September 27, 2010

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The Left was unable to paint the Tea Party as anarchists, violent lunatics, or racists.  The feeble attempt to suggest they should really be focusing their ire at George W. Bush or the Republican Party fizzled into embarrassed silence.  Like a clumsy kid going deep into the dinnerware department to catch a Nerf football pass […]

Econ 101: Moral hazard and the housing bust

August 29, 2010

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Why don’t insurance companies sell policies to auto owners that pay $100,000 if your 1985 Yugo gets totaled? They understand that paying more than the value of a car for its destruction would mean that people would have an incentive to destroy them, a rather obvious rhetorical example of moral hazard.  Moral hazard undermines well-functioning […]