GregNews

Yesterday I wrote a post on the number of ways President Obama’s proposed “Buffet tax” — which is based on the faulty and context-lacking premise that Warren Buffet’s secretary suffers a higher tax bracket than Mr. Buffet — was nothing more than a bait-and-switch gambit designed to invoke class warfare at a time when his [...]

I found this analysis interesting particularly because it runs contrary of everything we’re told: What fraction of U.S. consumer spending goes for goods labeled “Made in China” and what fraction is spent on goods “Made in the USA”? The vast majority of goods and services sold in the United States are produced here. In 2010, [...]

Here’s the best retort and thought of the week on what I call the entitlement-hooligan riots in the U.K. Presumably, London-type riots would not last long in either Texas, or Arizona. — Adam Baldwin on twitter. Indeed. Thank God for the Second Amendment. I say thank God rather than “Thank Jefferson” because even Jefferson would [...]

Well, pros and cons if you’re fiscally conservative that is. I was starting a round up of opinions on Speaker John Boehner’s debt-ceiling deal, but I’ll instead avoid the common solution of the very political class we’re discussing by not attempting to foolishly reinvent the wheel — others, such as this round up by Guy [...]

Lately I’ve been bothered over how much conservative pundits seem to surrender ground when fiscal liberals argue to raise taxes or attack the 2003 Bush tax cuts as somehow being the cause of the current debt crisis (a ridiculous notion, as I’ll demonstrate). The opposition generally misunderstands the economic argument, and confuses the facts. As [...]