This new video from the Center for Freedom and Prosperity discusses a proposal to solve Medicare’s bankrupt finances by replacing an unsustainable entitlement with a “premium-support” system for private insurance, also known as vouchers. This topic is very hot right…
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.
Dissecting Obama’s High-Speed Rail Boondoggle and other Transportation Nightmares
It’s 45 minutes long, but this video from the folks at Reason TV is filled with good information on the foolish ideas of central planners who want to control our transportation. You’ll learn in the first half of the video, for instance, how high-speed rail is like…
Fun Times at the IMF: Rape Taxpayers, then Hotel Maids
Let’s start with a giant disclaimer that the head of the IMF, Dominique Strauss-Kahn, is accused of forcibly sodomizing a hotel maid and we have no idea whether it’s true. There are even rumors that this is a plot hatched by Nikolas Sarkozy to cripple a potential…
What Caused the Financial Crisis: Private Greed and Criminality or Government Stupidity and Incompetence?
Here are two superb articles on the financial crisis. First, from Peter Wallison at the American Enterprise Institute, we have a piece on the role of government housing subsidies. Since he warned, in advance, that Fannie Mae and Freddie Mac were ticking time bombs,…
Could Technical Default Today Save America from Greek-Style Fiscal Disaster in the Future?
There’s a lot of buzz about a Wall Street Journal interview with Stanley Druckenmiller, in which he argues that a temporary delay in making payments on U.S. government debt (which technically would be a default) would be a small price to pay if it resulted in the…
As a Matter of Fact, the Baltic Nations Are a Success Story
I got a few cranky emails after my post suggesting the United States should copy the Baltic nations and implement genuine spending cuts. These less-than-friendly pen pals were upset that I favorably commented on the fiscal discipline of Estonia, Lithuania, and Latvia…
Policies that Disproportionately Hurt Blacks Are Bad, even if They Are Unintentionally Racist
Professor Walter Williams comments on new research showing how the minimum wage is hurting African-American employment. Last week, two labor economists, Professors William Even (Miami University of Ohio) and David Macpherson (Trinity University), released a study for…
Growing Dependency Is a Terrible Indicator for America’s Future
I’m often torn between optimism and pessimism about the future. In my cheerful moments, I marvel at the American system and cheer the private sector’s ability to adapt and survive even the stupidest government interventions. But at other times, I fret that those…
Let’s Copy the Baltic Nations and Really Cut Spending
All the talk of spending cuts in Washington is fictitious. Even the House Republican Study Committee budget allows spending to increase, on average, by 1.7 percent each year for the next decade. The Ryan budget, which critics deride for its “savage” cuts, allows…
Talking about the Debt Limit at a Tea Party Press Conference
I spoke yesterday at a press event put together by some of the Tea Party groups. Here’s what I said about the debt limit. I debunked the notion that a higher debt limit was needed to avoid default and explained that the problem is too much spending and that deficits…