by Dan Mitchell | Jun 15, 2011 | Bailouts, Big Government, Blogs, Government Spending
Ben Bernanke is definitely trying hard to overtake Arthur Burns and G. William Miller (those wonderful guys who helped give us the 1970s) as the worst Fed Chairman of the modern era. But unlike Burns and Miller, who “earned” their poor reputations with bad monetary...
by Dan Mitchell | Jun 15, 2011 | Big Government, Blogs, Government Spending, Taxation, VAT
The main political goal of the left is to seduce Republicans into supporting higher taxes. Bluntly stated, all of their fiscal policy goals require more tax revenue coming to Washington. The most important factor (from their perspective) is that they can’t make...
by Dan Mitchell | Jun 12, 2011 | Big Government, Blogs, Economics, Government Spending, Health Care, Welfare and Entitlements
This new video from the Center for Freedom and Prosperity explains why Medicaid should be shifted to the states. As I note in the title of this post, it’s good federalism policy and good fiscal policy. But the video also explains that Medicaid reform is good health...
by Dan Mitchell | Jun 7, 2011 | Big Government, Blogs, Health Care
Here’s a stomach-turning story from the Chicago Sun Times about how the political class uses special insider deals to get rich (or richer). What’s remarkable is that there may be nothing technically illegal in this story of crony capitalism and government contracts....
by Dan Mitchell | Jun 6, 2011 | Big Government, Blogs, Bureaucracy
I used to have lots of posts about TSA inefficiency and stupidity, but then I got discouraged and stopped. It seemed pointless to discuss the issue when there was no hope for improvement. I still think that’s the case, at least so long as Obama is in the White House...