by Dan Mitchell | Nov 21, 2011 | Big Government, Blogs, Economics, Government Spending
Since I’ve written before about Canada’s remarkable period of fiscal restraint during the 1990s, I am very pleased to see that the establishment press is finally giving some attention to what our northern neighbors did to reduce the burden of government spending. Here...
by Dan Mitchell | Nov 21, 2011 | Bailouts, Blogs, Europe, Government Spending
As demonstrated by the new video from the Center for Freedom and Prosperity, there are five key lessons to learn from the fiscal crisis in Europe. Unfortunately, Europe’s despicable political class has not learned from their mistakes. They are not taking the simple...
by Dan Mitchell | Nov 20, 2011 | Big Government, Blogs
This is probably my favorite political cartoon, and this one is the most-viewed post in the history of this blog, but here’s one probably should be near the top because it so perfectly captures the mindset of the political class. Though if you want to teach economics,...
by Dan Mitchell | Nov 19, 2011 | Big Government, Blogs, Government Spending, Taxation
Some people have asked why I’m so agitated about the possibility that Republicans may acquiesce to tax increases as part of the Supercommittee negotiations. Rather than get into a lengthy discourse about the proper role of the federal government or an analysis of how...
by Dan Mitchell | Nov 18, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation
Yesterday, I unloaded on supposed conservatives who are toying with a tax increase to enable more government spending. Why would they take that route in the “Supercommittee” deliberations, I wondered, when they can deliver a guaranteed victory for taxpayers by holding...
