The Texas Public Policy Foundation released some great research today by Dr. Art Laffer explaining why Texas is doing so much better than California—or just about anybody else for that matter. In case you didn’t know, it is because we have lower taxes, spend less and regulate the economy less than most other states. No…
Category: Economy
ABC Shows Obama Wrong on Tax Cuts!
Computer Prices and Creative Destruction
I ran across a 1989 product comparison of several top-of-the-line computers. Including one from Dell, which featured an 80286 (20 MHz) processor and a 40 MB hard drive, all for the bargain price of $4,099! I remember consistently paying $3,000 for a new computer from Tandy (my first one, with an 8086 processor purchased in 1986)…
The $2.6 Trillion Health Care Plan
Don’t buy the claims that the ObamaCare bill will be deficit neutral. Don’t even trust the claim that it will result in increased spending of only $343 billion. And you can completely ignore the fiction that this bill will only cost $848 billion over the next ten years. The truth is that new spending in the…
Jobs, Jobs, Jobs
There are a lot of ways to measure how the economy is doing. But employment, or jobs, is probably the measure that means the most to us. On a macro level, we understand that it means something good when we read that two million new jobs were created and unemployment fell to 4.2%. On the…
A Blast from the Past
Watch this 1981 news report on something very new and exciting: reading the newspaper on your computer at home:
Times are Tough, but They Could Be Worse
A recent article about the current economic meltdown on Mises.org opened with the claim, “Far from being prosperous, our America is now being buffeted by the worst financial tsunami in generations.” The folks at Mises don’t usually travel along with the mainstream media, but in this case they did. Sensational claims that things haven’t been…