by Dan Mitchell | Jan 12, 2013 | Big Government, Blogs, Economics
I’ve frequently commented on Europe’s fiscal mess and argued that excessive government spending is responsible for both the sovereign debt crisis and the economic stagnation that plagues the continent. But it does seem that things have calmed down, so the readers who...
by Dan Mitchell | Jan 5, 2013 | Big Government, Blogs, Government Spending
Our number one fiscal problem is an excessive burden of government spending. A big part of the solution is entitlement reform. Our number two fiscal problem is a punitive and corrupt tax code (as captured by images here, here, and here). A big part of the solution is...
by Dan Mitchell | Dec 10, 2012 | Big Government, Blogs, Economics, Government Spending, Taxation
It’s never a good idea to display weakness during negotiations. Your opponent will sense your fear and up his demands. That’s certainly what we’re seeing in Washington. The cartoon at this link captures the GOP’s wobbly attitude on taxes, and this interview is about...
by Dan Mitchell | Dec 1, 2012 | Big Government, Blogs, Economics, Government Spending, Taxation
If done well, an image can say a thousand words. The Heritage Foundation shows us what Obama has in mind when he talks about a “balanced” plan. This chart, while horrifying and visually powerful, actually understates the case against Obama. The President is not...
by Dan Mitchell | Oct 25, 2012 | Big Government, Blogs, Government Spending, Taxation
You have to give President Obama credit for chutzpah. He pushed through a faux stimulus in his first year and Obamacare in his second year, both of which significantly increased the burden of government spending. In the past two years, he’s basically punted, proposing...