by Dan Mitchell | Feb 19, 2016 | Big Government, Blogs, Economics, Government Spending
I don’t know whether Keynesian economics is best described as a perpetual motion machine or a Freddy Krueger movie (or perhaps even the man behind the curtain in the Wizard of Oz), but it’s safe to say I’ll be fighting this pernicious theory until my last breath....
by Dan Mitchell | Feb 18, 2016 | Big Government, Blogs, Economics
According to a “Happy Planet” index put together by some leftists a few years ago, Venezuela is supposed to be one of the world’s best nations. But I strongly suspect that the vast majority of these people would be horrified if they actually had to live there. That’s...
by Dan Mitchell | Feb 10, 2016 | Big Government, Blogs, Government Spending, Taxation
Remember when I wrote about a week ago that I was somewhat optimistic about entitlement reform? Well, given what just happened in New Hampshire, I must have been smoking crack. It would now be more accurate to say something will happen with entitlements, but it will...
by Dan Mitchell | Feb 9, 2016 | Big Government, Blogs, Energy, Government Spending, Taxation
We have good news and bad news. The good news is that President Obama has unveiled his final budget. The bad news is that it’s a roadmap for an ever-growing burden of government spending. Here are the relevant details. The President wants the federal budget to climb...
by Dan Mitchell | Feb 5, 2016 | Big Government, Blogs, Government Spending, Taxation, VAT
The left is very clever about accepting “compromise,” so long as the result is a larger burden of government. This is one of the reasons why I’m so concerned about Senator Cruz’s proposal for a value-added tax. Even though he wants a VAT for good reasons (to finance...
