Here are some very depressing stories. The Daily Mail reports that a European Court has ruled that the U.K. no longer can impose restrictions on welfare payments to women married to suspected terrorists: A European court has instructed Britain to drop restrictions…
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.
Victory Over Surveillance Statism in Arizona
Here’s a bit of good news to end the weekend. Arizona politicians have been forced to suspend a statewide speed camera program. I’m especially pleased to see that civil disobedience played a role in forcing politicians to pull the plug on the Orwellian…
Will the Greek Bailout Work?
As expected, the European Union and International Monetary Fund have chosen to subsidize the profligacy of Greek politicians. A deal has just been announced. As the Washington Post reports: Greece on Sunday announced a long-awaited deal with the European Union and…
Is Japan the Next Greece?
Total government debt is about 115 percent of GDP in Greece, which clearly is one of the factors that spooked investors and led to the bailout. But Japan – at least on paper – is in much worse shape with government debt approaching 200 percent of GDP. And…
The Next Step for Supply-Side Economics
Kevin Williamson has a long-overdue piece in National Review making two essential points about supply-side economics and the Laffer Curve. First, he explains that tax cuts are not the fiscal equivalent of a perpetual motion machine. Simply stated, too many Republicans…
Wall Street Journal Savages Greek Bailout
I always appreciate a column that sounds like I could have been the author, and this editorial from the WSJ hits the mark. The IMF/EU bailout is just masking the problems of a bloated welfare state and giving politicians some breathing room to avoid making the real…
Greece’s Problem Is High Tax Rates, not Tax Evasion
The New York Times has an article describing widespread tax evasion in Greece, along with an implication that the country’s fiscal crisis is largely the result of unpaid taxes and could be mostly solved if taxpayers were more obedient to the state. This is an…
Is Obama Turning America into a Banana Republic?
I meant to write about this article when it first came out, but it got buried in my inbox. That being said, this Washington Times column by Richard Rahn makes an excellent point about the dangers of too much government. He points out that Argentina used to one of the…
Super-Charging the IRS with Government-Run Healthcare
I blogged a cartoon joking about Obamacare as a Trojan Horse for the IRS, but with each passing day we are learning new – and always unpleasant – details about the mammoth legislation that was imposed by the left. The excerpt below from the Boston Globe…
Greek Chutzpah
There’s an old joke that if you owe a bank $10,000, you have a problem, but if you owe a bank $10,000,000, the bank has a problem. The Greek government certainly seems to have that attitude. Short-sighted and corrupt politicians in Athens have spent their nation…