
California’s Free Lunch Mandate Bites the Budget
Breakfast can be a family event but the (literal) nanny state extends its reach. Governments act like drug dealers giving out free samples. Continue Reading →
Breakfast can be a family event but the (literal) nanny state extends its reach. Governments act like drug dealers giving out free samples. Continue Reading →
“There’s no such thing as a free lunch.” – Milton Friedman
“But there is the lunch for which someone else pays.” – Me
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For the moment, I’ll ignore the redistribution problems with this plan. And I’ll even agree that cutting income taxes stimulates the economy. But what about the tax increase? If implemented as described, net tax revenue will be zero — and that is also exactly the size of the net tax cut. And a net tax cut of zero has zero impact on the economy, no matter what size tax multiplier you apply. Continue Reading →
I won’t comment on “nature knows best” except to say that Mr. Commoner apparently never encountered a rattlesnake, ebola, or an active volcano. He needed to get out more. Continue Reading →