by Dan Mitchell | Dec 11, 2010 | Big Government, Blogs, Government Spending, Taxation
There are plenty of reason to like and dislike the tax deal between President Obama and congressional leaders. On the plus side, we dodge a big tax increase for the next two years. We also replace a goofy and ineffective “make work pay” tax credit with a supply-side...
by Dan Mitchell | Dec 10, 2010 | Big Government, Blogs, Economics, Government Spending
I’ve written before about the upcoming breakdown of the European welfare state, and my fingers are crossed that American policy makers will learn the right lessons and restrain the size and scope of government before we suffer from the social chaos and disarray that...
by Dan Mitchell | Dec 9, 2010 | Big Government, Blogs, Taxation
I debated a couple of pro-tax increase folks on the Diane Rehm show Monday. If you have a spare 51 minutes and want to hear me spar with Alice Rivlin and David Walker on National Public Radio, you can listen to the discussion by clicking this link. Feedback actually...
by Dan Mitchell | Dec 9, 2010 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Maybe elections have consequences after all. Bolstered by the populist uprising against bloated and wasteful government, politicians in Washington actually defended the interests of taxpayers yesterday. Not just once, but twice. Our first bit of holiday cheer comes...
by Dan Mitchell | Dec 6, 2010 | Big Government, Blogs, Government Spending, Taxation
In his latest Bloomberg column, Kevin Hassett of the American Enterprise Institute notes that research from places such as Harvard and the International Monetary Fund confirms that spending restraint is the way to successfully reduce red ink – and it’s also the way to...
