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Is Ireland’s Michael Higgins an Economic Illiterate or a Cynical Hack

by Dan Mitchell | Nov 8, 2011 | Big Government, Blogs, Free Market

I’ve always been proud of my Irish heritage, but now I’m having to reconsider. As is so often the case when something goes awry, the blame belongs to a politician (this Craig Ferguson joke is right on the mark). Michael Higgins, the President-Elect of Ireland, has...

Maybe Communism Isn’t So Bad After All

by Dan Mitchell | Nov 8, 2011 | Big Government, Blogs, Welfare and Entitlements

I’ve previously posted about the communist government of Cuba cutting taxes and the CEO of Coca-Cola saying that communist China has a more business-friendly climate than the United States. Having grown up during the Cold War, I still have a hard time believing my...

Who’s Winning the Race to Fiscal Destruction: Europe or the United States?

by Dan Mitchell | Nov 7, 2011 | Big Government, Blogs, Economics, Government Spending

Even though the unwashed masses decided that I didn’t win my stimulus debate in New York City, I continue my fight for the hearts and minds of the American people. I’m now taking part in a debate for U.S. News & World Report on “Who Is Handling Its Debt Crisis...

A Supercommittee Tax-Hike Surrender Means Republicans Would Snatch Defeat from the Jaws of Victory

by Dan Mitchell | Nov 7, 2011 | Big Government, Blogs, Government Spending, Taxation

Commenting on Supercommittee deliberations last month, I asked whether Republicans will choose the real budgetary savings of a sequester or surrender to a tax hike. Well, it appears that the GOP likes being known as the Stupid Party and is seriously considering a plan...

Helping to Explain Greece’s Collapse in a Single Picture

by Dan Mitchell | Nov 4, 2011 | Bailouts, Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements

Politicians in Europe have spent decades creating a fiscal crisis by violating Mitchell’s Golden Rule and letting the government grow faster than the private sector. As a result, government is far too big today, and nations such as Greece are in the process of fiscal...
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