Thursday, July 22, 2010

Do Tax Cuts Pay for Themselves

Quick answer - no.  But they usually cost less than advertised.  Conversely, tax increases generate less revenue than expected.

http://online.wsj.com/article/SB10001424052748704518904575365173477277974.html

Wednesday, July 21, 2010

The Bush Deregulation Fallacy

http://www.nationalreview.com/article/229635/we-didnt-deregulate-veronique-de-rugy

Total real expenditures for finance-and-banking regulation rose 45.5 percent from 1990 to 2010, with a 20 percent increase in the last ten years. That spending rose by 26 percent during the Bush years, and by 7.1 percent in 2009.