by Dan Mitchell | Nov 21, 2013 | Big Government, Blogs, Government Spending
Regular readers know I complain about the army of overpaid bureaucrats in Washington, but that’s just the tip of the iceberg. The larger problem is that Washington also is filled with hundreds of thousands of other people who get rich thanks to big government. And...
by Dan Mitchell | Nov 13, 2013 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I routinely (some would say repetitively) argue that the burden of government spending is a drag on the economy because labor and capital are being misallocated via the political process. My message is that we need to reduce the size of the public sector, even if we...
by Dan Mitchell | Nov 11, 2013 | Big Government, Blogs, Health Care
You know things are going poorly for the Obama White House when even the New York Times is writing about the “third world experience” of Obamacare. Heck, it’s almost gotten to the point where I feel sorry for the President. But I guess I must be a mean-spirited...
by Dan Mitchell | Nov 9, 2013 | Big Government, Blogs, Economics, Government Spending
The only sustainable way of achieving more prosperity and higher living standards is to increase the quality and quantity of labor and capital in the economy. This may sound like boring econo-speak, but labor and capital are the two “factors of production” and our...
by Dan Mitchell | Nov 7, 2013 | Big Government, Blogs, States, Tax Competition, Taxation
We know that countries suffer when taxes get too high, in part because investors, entrepreneurs, and other successful taxpayers escape to jurisdiction with less oppressive fiscal regimes. France is a glaring example. On steroids. We know that states also suffer when...
