by Dan Mitchell | Jul 31, 2013 | Big Government, Blogs, Government Spending
In an interview last week about Detroit’s bankruptcy, I explained that the city got in trouble because of growing dependency and an ever-rising burden of government spending. I also warned that the federal government faces the same challenge. Washington is in trouble...
by Dan Mitchell | Jul 27, 2013 | Big Government, Blogs, Government Spending
About two weeks ago, while making an important point about the Laffer Curve, here’s what I wrote about the fiscal disaster in Detroit. Detroit’s problems are the completely predictable result of excessive government. Just as statism explains the problems of Greece....
by Dan Mitchell | Jul 9, 2013 | Big Government, Blogs
I’m a strong believer in federalism, but not because I think state and local governments are competent. Politicians and interest groups are a toxic combination in all circumstance. But at least people have considerable ability to cross borders if they want to escape...
by Dan Mitchell | Jul 7, 2013 | Blogs, Tax Competition, Taxation
feel sorry for the people of California. They’re in a state that faces a very bleak future. And why does the Golden State have a not-so-golden outlook? Because interest groups have effective control of state and local political systems and they use their power to...
by Dan Mitchell | Jun 20, 2013 | Big Government, Blogs, Government Spending, Taxation
What do you do if you’re part of a government bureaucracy that has been caught red-handed engaged in sleazy, corrupt, and (almost surely) illegal targeting of Americans for their political beliefs? But before you answer, keep in mind that your bureaucracy also has...