by Dan Mitchell | Aug 9, 2011 | Big Government, Blogs, Government Spending
I cover a wide range of issues in this interview for Bloomberg Asia. My main theme, not surprisingly, is that government is too big. And I specifically warn about the looming explosion of entitlement spending as the baby boom generation retires.
by Dan Mitchell | Aug 7, 2011 | Big Government, Blogs, Government Spending, Welfare and Entitlements
It was a strange experience to read the comments and emails generated by yesterday’s post on the “Obama downgrade.” Democrats and liberals were upset that I blamed Obama for the downgrade, as you might expect. Republicans and conservatives, however, were agitated that...
by Dan Mitchell | Aug 6, 2011 | Big Government, Blogs, Government Spending
Even though I predicted it had to happen at some point because of the Bush-Obama spending binge and America’s giant long-run entitlement crisis, I confess that I’m somewhat surprised that the United States has suffered a debt downgrade for the first time. That being...
