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The “Third World Experience” of Obamacare

by Dan Mitchell | Oct 13, 2013 | Big Government, Blogs, Health Care

Back in 2009, before Obamacare, the United States had a healthcare system that was plagued by excessive government intervention, which led to a third-party-payer crisis and massive inefficiencies. Perversely, the President thought the way to solve these problems was...
More Academic Evidence that Bigger Government Means Less Prosperity

More Academic Evidence that Bigger Government Means Less Prosperity

by Dan Mitchell | Oct 11, 2013 | Big Government, Blogs, Government Spending

My goal in life is very simple. I want to promote freedom and prosperity by limiting the size and scope of government. That seems like a foolish and impossible mission, perhaps best suited for Don Quixote. After all, what hope is there of overcoming the politicians,...

Cheered on by the OECD, Japan Announces Higher VAT Rate to Enable Bigger Government

by Dan Mitchell | Oct 5, 2013 | Big Government, Blogs, Taxation, VAT

If you have any long-term Japanese investments, sell them soon. In part, that’s because the Japanese Prime Minister announced another Keynesian spending binge earlier this year – even though several so-called stimulus plans in Japan have flopped over the past two...

The Shutdown Fight: Can Advocates of Fiscal Responsibility Overcome the Combined Forces of Obama, Lobbyists, and the Media?

by Dan Mitchell | Oct 4, 2013 | Big Government, Blogs, Government Spending

I’m not overly optimistic about the outcome of the government shutdown fight. In part this is because our system of government, based on separation of powers, means it is very difficult to change the status quo. This system, by the way, generally has been good for the...

Is Today – the Anniversary of the Income Tax – the Worst Day in American History?

by Dan Mitchell | Oct 3, 2013 | Big Government, Blogs, Taxation

There have been some unfortunate and dark days in American history, but what was the worst day? Some obvious choices include December 7, when the Japanese bombed Pearl Harbor, and September 11, when the terrorists launched their despicable attack. Another option...
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