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Should Congress Say No to Increasing the Debt Limit?

by Dan Mitchell | Mar 1, 2011 | Big Government, Blogs, Government Spending

The Tea Party doesn’t mince words. In a bold editorial posted at Foxnews.com, the leaders of the Tea Party Patriots, along with Andy Quinlan of the Center for Freedom and Prosperity and a private investor named Steve Baer, make the case for cutting up the government’s...

The Value-Added Tax Must Be Stopped – Unless We Want America to Become Greece

by Dan Mitchell | Feb 28, 2011 | Big Government, Blogs, Taxation, VAT

Sooner or later, there will be a giant battle in Washington over the value-added tax. The people who want bigger government (and the people who are willing to surrender to big government) understand that a new source of tax revenue is needed to turn the United States...

A Rather Depressing Article about the Human Cost of the Welfare State

by Dan Mitchell | Feb 22, 2011 | Big Government, Blogs, Welfare and Entitlements

This story from the Manhattan Institute’s City Journal makes the point, excerpted below, that the welfare state subsidizes dysfunctional behavior. But read the story to understand how big government destroys lives, ruins families, and creates inter-generational...

Spending Restraint Works: Examples from Around the World

by Dan Mitchell | Feb 22, 2011 | Big Government, Blogs, Economics, Government Spending

America faces a fiscal crisis. The burden of federal spending has doubled during the Bush-Obama years, a $2 trillion increase in just 10 years. But that’s just the tip of the proverbial iceberg. Because of demographic changes and poorly designed entitlement programs,...

Compared to the Reagan Era, the Bush-Obama Years Have Been a Fiscal Nightmare

by Dan Mitchell | Feb 21, 2011 | Big Government, Blogs, Government Spending

Since February is the 100th anniversary of Ronald Reagan’s birth and I still haven’t gotten over my man-crush on the Gipper, I figured it would be interesting to look at Reagan’s fiscal record, particularly to see whether he was successful in restraining the growth of...
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