by Dan Mitchell | Jan 7, 2014 | Big Government, Blogs, Government Spending
One of my most widely read – but also most depressing – articles was from about two years ago and it exposed the fact that Washington, DC, is now the nation’s richest region. I explained that Washington is rich because of unearned wealth. Almost all of the loot that...
by Dan Mitchell | Jan 3, 2014 | Blogs, Health Care
I hate to dredge up bad memories so early in a new year, but we need to remind ourselves of the awful TARP bailout of 2008. Our financial system had gone out of whack because of bad monetary policy from the Federal Reserve and unsustainable housing subsidies from...
by Dan Mitchell | Jan 1, 2014 | Big Government, Blogs
Let’s start 2014 with a depressing story about the reprehensible way in which big companies get in bed with big government. If asked to list the example of cronyism that I find most nauseating, the Export-Import Bank would be at the top of my list. The Obamacare...
by Dan Mitchell | Dec 23, 2013 | Big Government, Blogs, Bureaucracy
Last year, while writing about the sleazy and self-serving behavior at the IRS, I came up with a Theorem that explains day-to-day behavior in Washington. It might not be as pithy as Mitchell’s Law, and it doesn’t contain an important policy prescription like...
by Brian Garst | Dec 5, 2013 | Big Government, Blogs, Economic Growth, Government Spending
The sequester was a victory for advocates of small government and a major defeat for the Obama administration. It was also a defeat for the special interest bottom feeders who leech off the American taxpayer. But they’re not going down quietly: The defense...
