The 2016 presidential campaign, at least on the Democratic side, has been about espousing the supposed virtues of countries like Sweden and Denmark. Bernie Sanders keeps harping about how the United States must emulate the Scandinavian countries. Should America become like Sweden? Nope, says Johan Norberg of the Free to Choose Network. Be sure to […]
Archives for April 2016
IRS Data: The rich pay 80% of U.S. taxes
The likes of Bernie Sanders, as well as the recent Panama Papers, would have you believe that the rich don’t pay any taxes at all. If you listen to liberal politicians and economists, you’d think that the wealthy are getting off scot-free when it comes to paying their “fair share.” But it seems that the […]
Corporate defaults hit highest level since 2009 economic collapse
Despite corporate defaults reaching the highest level since around the peak of the economic collapse, the story has been flying under the radar. It turns out that this has massive consequences not just for bondholders but in the overall economy. The USA Today published a very interesting report Monday that looked at how corporate defaults […]
Bernie Sanders would increase government spending by 33%, Donald Trump would boost it by 3%: chart
Didn’t Republicans want to cut spending? Apparently not, at least according to new data from Fiscal Fact Check. The organization released a new chart that pretty much answered the question: how much would each of the remaining Republican and Democratic candidates increase, not cut, government spending? According to the chart below, socialist Bernie Sanders would […]
Video: Why are Donald Trump protesters so angry, vulgar? (update)
In every presidential election, there is always a set of die hard supporters or opponents of a candidate or candidates. In 2008 and 2012, there were dedicated Ron Paul supporters and Barack Obama supporters. In 2004 and 2008, there were avid opponents of George W. Bush and John McCain. Going back in history, there are […]