Nicole Gelinas has been one of the most astute observers of how government has screwed up the financial system and her column in the Washington Examiner is an excellent summary of why the Dodd-Frank bill is a step in the wrong direction. For 25 years, Washington has…
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.
Obama Is Repeating Roosevelt’s Other Mistakes
Much of the economic debate in Washington revolves around the silly Keynesian notion that politicians can stimulate an economy by borrowing money from the private sector and using the funds to make government bigger. That didn’t work for Hoover and Roosevelt during…
Greetings from Las Vegas
I’m out in Sin City for the annual FreedomFest conference, where I moderated a debate earlier today on whether consumer spending or investment spending was the key to economic growth. As you can imagine, it was horribly painful for me to keep from injecting my two…
Great Moments in Government Waste
Politicians often talk about the supposed value of federally-funded research and development, which sometimes sounds like a good idea to people unfamiliar with the incompetence, inefficiency, red tape, and bureaucracy of even well-intentioned programs. But it turns…
Political Humor and Government Bureaucracy
Once upon a time the government had a vast scrap yard in the middle of a desert. Congress said, “Someone may steal from it at night.” So they created a night watchman position and hired a person for the job. Then Congress said, “How does the watchman do his job…
Jilted Basketball Fans Should Blame the Income Tax, not LeBron James
Supporters of the Cleveland Cavaliers, especially the owner of the team, are upset that basketball superstar LeBron James has decided to sign with the Miami Heat. The anger is especially intense because the Cavaliers offered $4 million more over the next five years….
Great Moments in Political Correctness
This is something that could only happen in San Francisco. The city’s bureaucrats are considering a proposal to ban selling pets. Oops, I just committed a thought crime. They are called “companion animals,” not pets. Anyhow, the plan to ban them would have to be…
Obama Is Greedy, not Racist
The Washington Post has a story, excerpted below, about people who think the tanning tax is racist because it targets a service used overwhelmingly by white people. And while some critics make a good point about how that would be the story if there was a tax on a…
Big Carbon Footprints for the Elite, Missed Soccer Matches for the Peasants
Thanks to Instapundit for drawing attention to this Financial Times report showing how ultra-rich elitists and politicians flew to South Africa on private jets, which meant both big carbon footprints and also resulted in ordinary people missing a key soccer match…
Sexual and Racial Quotas and the Dodd-Frank Bailout Bill
Diana Furchtgott-Roth of the Hudson Institute provides an additional reason why the Dodd-Frank bailout legislation is bad for the American economy. But this shouldn’t be too surprising. Senator Dodd and Congressman Frank are akin to a couple of foxes designing rules…