Chart of the Week: Taxing the Wealthy to Cover Future Deficits Won’t Work

Democrats on the Joint Select Committee on Deficit Reduction last week floated a proposal that includes massive tax increases on wealthy Americans. While their plan would also include some cuts to entitlement programs, the tax-code changes make up a significant portion, according to press reports. The Los Angeles Times reported: “Revenue would be raised mostly […]

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Myths of Austerity Failures

Evidence shows that “austerity” during a sharp downturn in 1920 coincided with quick economic recovery and robust growth throughout the rest of the decade. Nevertheless, there is a belief that the example of President Herbert Hoover from 1929–1933 was a failure of austerity, which pushed the economy into the Great Depression. It was not. Hoover […]

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A Leaner, but Not Meaner, Military

The echo chamber of Washington is hard at work. The consensus is growing that the U.S. military will need to aim for a slimmer but still perfectly effective military, thanks to the budget and capability cuts of the past three years. However, given the magnitude of ongoing defense budget cuts, a hollowing force simply does […]

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Principles of Plenty

Speech by Congressman McClintock given to the California Independent Automobile Dealers Association We are in the third year of policies predicated on the assumption that if Government just injects enough money into the economy, it can jump start consumer spending and therefore, economic growth. For three years, this administration has squandered more than a trillion […]

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It’s time to end foreign-language voter ballots

Last week, the Census Bureau released its list of covered jurisdictions that will be required to provide bilingual ballots for the upcoming 2012 elections. This list includes 248 counties in 25 states. 100% of the counties in California, Texas, and Florida will be required to foot the burdensome bill to print foreign-language ballots and to […]

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What’s Down There? China’s Tunnels and Nuclear Capabilities

Recent news reports have highlighted Chinese construction of a system of underground tunnels and raised serious questions about what they might imply regarding China’s nuclear capabilities. One story highlighted that the People’s Republic of China (PRC) may have some 3,000 miles of tunnels, sufficient to move systems underground across the breadth of the country. Much […]

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Over 2,400 Tea Partiers Arrested

Newspaper headlines in New York on Sunday, October 16, 2011 report on the Occupy Wall Street protest in Times Square the previous day. The liberal perspective on the “Occupy” movement is really something spectacular. Before the movement had really even announced a position or set of “demands,” progressives were pushing each other out of the […]

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