Latvia and the other Baltics were willing to endure more short-term pain in order to achieve a quicker economic rebound.

Dan Mitchell
Daniel J. Mitchell is the President of the Center for Freedom and Prosperity and the Center for Freedom and Prosperity Foundation. Dr. Mitchell advocates limited government and fundamental tax reform, and is the nation’s leading opponent of tax harmonization schemes developed by the Brussels-based European Union, the Paris-based Organization for Economic Cooperation and Development (OECD), and the United Nations.
In addition to fiscal policy, Dr. Mitchell is a trenchant observer of economic developments and an expert on Social Security reform – particularly the fiscal policy impact of reform and what the US can learn from other nations that have created personal retirement accounts.
The Costly Impact of Obamanomics
Prosperity and big government are not very compatible.
The Regulatory State’s War against Modern Life
The Nanny State’s latest salvo in the war against modern civilization.
After 50 Years, We’ve Learned Enough to Know Medicare Should Get Early Retirement
Medicare is not working for America.
Periodic Debt Limit Fights Are Messy, but May Help Prevent Long-Run Crisis
GAO wants to give Washington a credit card with no limits.
A Supranational Eurozone Government: Bad for Europe, Really Bad for Germany
Europe’s political elite may be even more foolish than their American counterparts.
Highway Funding Battle Brings Out the Worst of Washington
Congress is structured with an incentive to spend.
Hillary Clinton and Bernie Sanders: Two Peas in a Statist Pod
Sanders has a more aggressive us-vs-them approach, while Hillary is calculated and cautious.
The Willful Blindness of an IRS Sycophant
Washington Post writer has a slobbering love affair with the IRS.
Greece’s Debt Is Sustainable
So the real issue for Greece is whether debt is constrained compared to private-sector growth.




