by Dan Mitchell | Sep 24, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation
The fiscal turmoil in Greece is not about fiscal balance. It’s a fight between looters and moochers such as Olga Stefou, who think taxpayers should endlessly subsidize everything, and the shrinking group of productive people who are pulling the wagon and keeping...
by Dan Mitchell | Sep 18, 2011 | Blogs, Government Spending
Treasury Secretary Tim Geithner may be most famous in the United States for cheating on his taxes (you can even buy a t-shirt to acknowledge his tax dodging), but he’s becoming a punch line in the rest of the world for different reasons. I wrote two years ago about...
by Dan Mitchell | Sep 16, 2011 | Big Government, Blogs, Economics, Government Spending, Tax Harmonization, Taxation
This is either frightening or hilarious. The people in Washington who are trying to make America more like Europe are advising the Europeans to double-down on the awful policies that have pushed the continent’s welfare states to insolvency. Here are some of the...
by Dan Mitchell | Aug 24, 2011 | Big Government, Blogs, Economics, Government Spending
The Congressional Budget Office has just released the update to its Economic and Budget Outlook. There are several things from this new report that probably deserve commentary, including a new estimate that unemployment will “remain above 8 percent until 2014.” This...
by Dan Mitchell | Aug 24, 2011 | Big Government, Blogs, Economics, Government Spending
ust last week, I made fun of Paul Krugman after he publicly said that a fake threat from invading aliens would be good for the economy since the earth would waste a bunch of money on pointless defense outlays. Yesterday, there were rumors that Krugman stated that it...