Tariffs Are Sales Taxes for Dummies

Written by Gary North on November 20, 2013

Probably the most successful conceptual error that is promoted by defenders of tariffs is this one: “Tariffs are good for the nation.” Tariffs, being sales taxes, are good for the national government, but they are not good for the nation. At best, they are less bad for the nation than a graduated income tax. But […]

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Public Opinion: Government Healthcare? No!

Written by Gary North on November 20, 2013

GallupHealthcare

Under Bush, 69% Americans believed that the federal government should be involved in healthcare. Today, only 42% believe this. Faith began to fade under Bush. But today, the figure is lower than ever. The Republicans can regain control of the Senate next year. All they have to do is go with this billboard: Senator X […]

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Red Tape Strangulation: 3,600 New Federal Rules in 2013

Posted on November 19, 2013

Here is a report on new rules published in the Federal Register. This may hit 3,400 this year, and 77,000 pages.  Here is a report. Last week, 66 new final regulations were published in the Federal Register. There were 78 new final rules the previous week. That’s the equivalent of a new regulation every two […]

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Invisible Crack Houses

Written by Gary North on November 18, 2013

In every American city, there are crack houses. Addicts know where they are. That is why crack houses make money. The police seem not to know where these crack houses are. That is why crack houses make money. How is it that the crackheads know where the crack houses are, but the police do not? […]

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The Manufacturing Index Reverses, Falls

Written by Gary North on November 18, 2013

The New York Federal Reserve Bank’s latest survey indicates a slowing of the regional economy. This was not expected by economists. The November 2013 Empire State Manufacturing Survey indicates that manufacturing conditions weakened somewhat for New York manufacturers. The general business conditions index fell four points to -2.2, its first negative reading since May. The […]

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