The “Celtic Tiger”. Until recently, the Emerald Isle was enjoying tremendous economic success, due to dramatic fiscal policy reform. First, they put a cap on government spending in the late 1980s, then reduced tax rates during the 1990s. Hugely important was the reduction in the corporate tax rate from 50 percent down to 12.5 percent. […]
Just three short posts tonight: ACORN is falling apart, and it couldn’t happen to a ‘nicer’ group, I say. “ACORN has dissolved as a national structure of state organizations” due to “diminished resources, damage to the brand, unprecedented attacks,” according to an anonymous senior official. “[E]ach of the states are developing plans for reconstitution independence […]