by Dan Mitchell | Apr 18, 2015 | Big Government, Blogs, Economics, Government Spending
I don’t know whether to be impressed or horrified by Paul Krugman. I’m impressed that he’s always “on message.” No matter what’s happening in America or around the world, he always has some sort of story about why events show the need for bigger government. But I’m...
by Dan Mitchell | Apr 17, 2015 | Blogs, Economics
Way back in 2010, I shared two very depressing numbers to illustrate how Obama’s policies were creating “regime uncertainty.” I shared data on the cash reserves of companies and suggested it was bad news that those firms thought it made more sense to sit on money...
by Dan Mitchell | Apr 16, 2015 | Big Government, Blogs, Government Spending, Welfare and Entitlements
What’s America’s main fiscal policy challenge, particularly in the long run? Most sensible people will agree that our greatest threat is the rising burden of entitlement spending. More specifically, demographic changes and ill-designed programs will combine to...
by Dan Mitchell | Apr 15, 2015 | Blogs, Economics, Taxation
I realize it’s tax week and I should be condemning our convoluted tax code and oppressive IRS. But I can’t resist getting diverted to another topic. It’s time to debunk the notion that there is rampant sexism in the private economy that causes women to by...
by Dan Mitchell | Apr 14, 2015 | Blogs, Economics, Taxation
With so many Americans currently filled with anxiety about their annual tax forms, this is the time of year that many people wistfully dream about how nice it would be to have a simple and fair flat tax. Unfortunately, there are many obstacles to better tax policy....