President Obama and many other politicians in Washington are big fans of pay-as-you-go budgeting, which means they want any new spending or tax relief offset (or “paid for”) with tax increases or spending cuts from other parts of the budget. Or at least that’s what…
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.
Politicians Are the Enemy, not Rich People.
Politicians like to play a class-warfare game of demonizing rich people. Walter Williams explains, though, that rich people can only do bad things to us if they are conspiring with politicians. The moral of the story, of course, is that government is a threat to our…
Mark Steyn on Greece.
Pulling no punches, Mark Steyn ponders the entitlement-driven collapse of Greece and asks why politicians in America are repeating the same mistakes: Chapter One (the introduction of unsustainable entitlements) leads eventually to Chapter Twenty (total societal…
Yes, Simon, People in the United Kingdom Die Because of Government-Run Healthcare.
For those of you who saw this segment of Wednesday’s show on CNBC, my co-host got quite agitated when I said I did not want America to have a substandard government-dictated healthcare system. Simon expressed doubt about my assertions, so it’s rather…
Crazy Brit Bureaucrats Want "Competency Tests" for Dog Owners.
Since I don’t like nuisance taxation and mindless bureaucracy, I’ve never been a big fan of having to get a license for pet dogs and cats. But the folks across the pond have pushed this to a new level and are considering licenses for dog owners. These…
The Fox Butterfield Effect and the Laffer Curve.
A former reporter for the New York Times, Fox Butterfield, became a bit of a laughingstock in the 1990s for publishing a series of articles addressing the supposed quandary of how crime rates could be falling during periods when prison populations were expanding. A…
Europe Lags Behind.
Since many of the politicians want America to be more like Europe (including full government-run healthcare), it’s worth contemplating what that would mean for the economy. America today is richer than Europe. Indeed, per-capita living standards are about 30…
The Greek Farce Continues.
There doesn’t seem to be much union in the European Union. Greek politicians are wetting their pants that Germany isn’t bending over fast enough to provide bailout money, so they pulled out the Nazi card. I’m sure the Germans raped Greece during…
Don't Trust (Macro) Economists.
I posted an amusing (and disappointing) graph in January showing how economists consistently failed to predict major changes in GDP. Russ Roberts of George Mason University explains that we should blame the practitioners of macroeconomics. They want the profession to…
Hypocrite of the Year Award.
The Premier of Newfoundland and Labrador (akin to a state governor in the U.S.) defended his decision to get surgery in America with the statement that it was “my heart, my choice, and my health.” This is an admirably libertarian statement, and the…