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Deficits Are No One’s Best Friend

by Kevin Hilferty | Jul 21, 2011 | Big Government, Blogs, Economic Growth, Economics, Government Spending, Keynesian

Susan Feiner, in a recent blog post for Ms Magazine, argues that continuing deficits favor the feminist movement. The post is entitled “A Feminist Economist Speaks Out: Deficits are a Grrrl’s Best Friend”. Normally I wouldn’t give any time to addressing the arguments...

Looking at Europe’s Self-Inflicted Economic Disaster (and Getting a Glimpse of America’s Obamanian Future)

by Dan Mitchell | Jul 20, 2011 | Big Government, Blogs, Economics, Government Spending

llister Heath is one of the best economic columnists in Europe and his analysis of Europe’s fiscal situation is rather grim. But Americans can’t be smug. This is where the Bush-Obama policies, combined with demographics, are leading America. Here’s Allister’s analysis...

The Gang of Six Is Back from the Dead: Contemplating the Good, the Bad, and the Ugly in their Budget Plan

by Dan Mitchell | Jul 19, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation

The on-again, off-again “Gang of Six” has come back on the scene and is offering a “Bipartisan Plan to Reduce Our Nation’s Deficits.” The proposal is quite similar to the one put forth by the President’s Simpson-Bowles Commission, which isn’t too surprising since some...

The Debt-Limit Fight, “Cut, Cap, and Balance,” and Rescuing America from Greek-Style Fiscal Collapse

by Dan Mitchell | Jul 18, 2011 | Big Government, Blogs, Government Spending

Here’s a new video from the Cato Institute, featuring my pearls of wisdom, along with equally sage commentary from my colleague Chris Edwards. We make two simple points. First, America faces a Greek-style fiscal crisis if we leave the federal budget on autopilot...
We Need Shock Collars to Stop Republicans from Saying Stupid Things

We Need Shock Collars to Stop Republicans from Saying Stupid Things

by Dan Mitchell | Jul 16, 2011 | Big Government, Blogs, Government Spending, Taxation

Republicans say (and do) lots of stupid things, but the current fiscal debate has me focused on two specific statements. Both get me very agitated. Indeed, I’m so irritated that all Republican politicians should be fitted with shock collars and then zapped when they...
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