Posts Tagged ‘bastiat’
Liberals Can’t Cut Spending and the VAT?
Frédéric Bastiat could teach Obama a thing or two.
When I lived in Europe everything was very expensive, even when the exchange rate was good. Recently I looked into buying a watch and learned I could save 20% off of the price because I would not have to pay the Value Added Tax, or VAT. ...
May 28th, 2009 | Economics, Liberals | Read More
What Went Up Now Goes Down
The trend is not looking helpful.
One interesting thing that has been transpiring is the fact that despite all of the “stimulus” the Obama administration has been injecting into the U.S. economy the stock market continues to fall. In fact, the stock market hasn’t been this low since...
March 6th, 2009 | Economics, Liberals | Read More
The Folly of Math
I was a Comparative Literature major in college so my math skills are probably not as advanced as most, but let’s look at what President Obama has said regarding the stimulus bill which recently became law:
President Barack Obama says his $825 billion stimulus package will create or save 3 million...
February 25th, 2009 | Economics | Read More
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