by Dan Mitchell | Nov 24, 2015 | Big Government, Blogs
Several years ago, I shared some analysis suggesting that voting for Obamacare resulted in about 25 Democrats losing their congressional seats in 2010. And since more Democrats presumably lost seats in 2012 and 2014 because of that costly and misguided scheme, it...
by Dan Mitchell | Nov 23, 2015 | Blogs, Economics, Taxation
Here we go again. The politicians in Washington are whining and complaining that “evil” and “greedy” corporations are bring traitors by engaging in corporate inversions so they can leave America. The issue is very simple. The United States has a very unfriendly and...
by Dan Mitchell | Nov 22, 2015 | Big Government, Blogs, Welfare and Entitlements
When I wrote earlier this year about “Europe’s suicidal welfare state,” it wasn’t so that I could make points about excessive spending and demographic decline. Yes, those are very important issues. But I was focusing instead on the fact that Europe’s welfare states...
by Dan Mitchell | Nov 21, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation, VAT
In early 2013, a reader asked me the best place to go if America suffered a Greek-style economic collapse. I suggested Australia might be the best option, even if I would be too stubborn to take my own advice. Perhaps because of an irrational form of patriotism, I’m...
by Dan Mitchell | Nov 20, 2015 | Blogs, Economics, Taxation
Federalism is great for many reasons. When you have dozens of states with the freedom to choose different policies, you get lots of innovation and diversity, which helps identify policies that work. You also can minimize the cost of mistakes. When a policy error...
