Posts from the ‘Economics’ category

Why I support Susan Stimpson for Lieutenant Governor

Much like Riley in his post endorsing Scott Lingamfelter, I do not claim to speak for Virginia Virtucon as a whole. I only speak for myself.…

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Germany elite’s euro solution: tax the (other) rich

Some of the closest advisers to German Chancellor Angela Merkel – who is desperate top avoid hitting up her taxpayers again to prop up the euro…

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Data issues and errors spread from global warming alarmism to economics…and from left to right

Whenever I mention the statistical chicanery, data manipulation, and errors behind “global warming,” my friends on the left go into high dudgeon. They can’t fathom that such…

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The Fauxsterity Chronicles: Greece

At first read, the Examiner headline gives the impression that Greece is finally getting the message about what needs to be done – “Greek Workers to…

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The Prez’s budget: higher taxes and higher spending

You read that right: the president’s ten-year budget plan calls for higher spending over the next ten years. Patrick Brennan (Corner) provides the details on the…

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Portugal Constitutional Court rejects Fauxsterity Plan A, pushes Fauxsterity Plan B

The Portugese government, like just about every other deficit-crippled government in the Mediterranean, has responded to Brussels’ demands for belt-tightening with what I like to call big-government-on-the-cheap…

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House passes amended Plan ’13 From Outer Space (UPDATE: Senate does too)

The House of Delegates approved McDonnell’s changes to HB 2313 (a.k.a. Plan ’13 From Outer Space), by a 64-35 vote. The roll is not up yet,…

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Here we go again…..

Those who do not learn history (WaPo, h/t Corner)… The Obama administration is engaged in a broad push to make more home loans available to people…

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Cypriot leader to EU: Thank you, sir! May I have another?

Cyprus’ President Nicos Anastasiades is insisting that his country has “no intention of leaving the euro” – a clear sign he has refused to learn from recent events…and that his country is destined to repeat them.

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McDonnell’s amendments to transportation tax: a few rate tweaks, and a mechanism for AUTOMATIC future tax increases

Under the Governor’s latest version of Plan ’13 From Outer Space, a subdivision imposed multiple counties away from you can trigger a tax increase that no one can stop…

…and he calls this an improvement…

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Dutch Finance Minister calls Cyprus fiasco “an approach” for other troubled European countries; markets tank (UPDATE: and now the Eurogroup is backing off)

Jeroen Dijsselbloem, Dutch Finance Minister, head of the Eurogroup of Finance Ministers, and Labor Party guy, is so happy with the “resolution” to Cyprus (see my…

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Cyprus, Europe, and the nature of the political left

The fiasco that is Cyprus hasn’t quite reached the radar of the Virginia blogosphere (except for yours truly’s reports on another blog), but it is a…

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Virginia, education spending, and budgets

During the great transportation-tax-love-in last month, a slew of Republican delegates and senators lamented that there was “nowhere to cut” in the Virginia budget. I can…

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About that sequester…

One of the amber-encased pieces of conventional wisdom regarding the sequester is that the Administration has no room to maneuver on what spending it can reduce.…

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The President, the deficit, and Keynesian theory

During last week’s scare session on the sequester, the president said something very revealing about himself (via Peter Kirsanow): Lay offs and pay cuts means (sic) that people…

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A draft transportation alternative to Plan ’13 From Outer Space

So Virginia’s tax-hike cheerleaders want those of us who opposed this fiasco to present a transportation alternative. Ok. Here goes… 1) Privatize all subdivision roads with…

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About the “local” tax increases…

The tax increase fiasco continues to get worse with exposure…. Readers may recall Ken Cuccinelli’s somewhat confused statement on the bill. While he opposed the “massive…

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The tax revolt goes national

John Fund (National Review Online) has noticed the Virginia tax battle, and the title says it all: McDonnell Tarnishes His Legacy I particularly like his description…

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Bloggers join together to stand up for the taxpayers (UPDATE – and we’re not alone)

More than a dozen bloggers have signed an open letter to the General Assembly asking them to defeat the “compromise” tax increase. I am happy to say…

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The gory details on the tax hike “compromise”

The numbers are out on the conference committee’s tax hike plan…and if anything, it’s worse than we thought. For starters, the plan raises taxes by $682…

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The conference committee deal: higher sales tax, higher local taxes, higher other taxes… (UPDATED AND BUMPED)

The conference committee, remarkably, came up with a “deal” that is worse for the taxpayer than the two versions that were supposed to be the bookends…

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Quinnipiac confirms: backing a tax increase hurt Cuccinelli

I suspect that most of the discussion on the latest Quinnipiac Poll will be about the effect of Bill Bolling in the race as an independent.…

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