by Dan Mitchell | Apr 1, 2011 | Big Government, Blogs, Economics, Government Spending, Keynesian
London was just hit by heavy riots as part of a protest against the “deep” and “savage” budget cuts of the Cameron government. This is not the first time the U.K. has endured riots. The welfare lobby, bureaucrats, and other recipients of taxpayer largesse are becoming...
by Dan Mitchell | Mar 31, 2011 | Big Government, Blogs, Government Spending
Press reports indicate that there is a tentative agreement between Republicans and Democrats to trim $33 billion of spending for the remainder of the current fiscal year. Here are a few blurbs from a story in The Hill. A source familiar with the talks said members of...
by Dan Mitchell | Mar 30, 2011 | Big Government, Blogs, Government Spending
Yesterday, I analyzed how the GOP should fight the budget battle, but I may have made a big mistake. I assumed the Republican leadership actually wanted to do the right thing. I thought they learned the right lessons from the disastrous Bush years, and that the GOP no...
by Dan Mitchell | Mar 29, 2011 | Big Government, Blogs, Government Spending
According to news reports, Democrats and Republicans are unlikely to reach any sort of budget agreement before April 8, when a short-term spending bill for the current fiscal year expires. Barring some new development, this could mean a shutdown of the non-essential...
by Dan Mitchell | Mar 25, 2011 | Big Government, Blogs, Government Spending
The old joke in Washington is that Democrats are the evil party and Republicans are the stupid party (which is why you should guard your wallet and freedom whenever you hear talk of “bipartisanship”). The GOP definitely is doing what it can to prove that at least one...
