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In One Chart, Everything You Wanted to Know about Ryan vs. Obama

by Dan Mitchell | Apr 5, 2011 | Big Government, Blogs, Economics, Government Spending

Forget all this talk about giant “spending cuts” of $6.2 trillion in Congressman Ryan’s budget plan. That’s music to my ears, but it’s also based on Washington’s bizarre budget math – i.e., the screwy system where politicians can increase spending but say they’re...

If Paul Ryan’s Reforms Are Not Enacted, We’ll Soon See Stories Like This in America

by Dan Mitchell | Apr 5, 2011 | Big Government, Blogs, Government Spending, Health Care, Welfare and Entitlements

The left already is wailing about the Medicare and Medicaid reforms in Congressman Paul Ryan’s budget. They don’t have any solutions of their own for these bankrupt programs, but they hope to scare voters in the short run and don’t seem to care about the nation in the...

Congressman Ryan’s Budget Is a Big Step in the Right Direction

by Dan Mitchell | Apr 4, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation, Welfare and Entitlements

The Chairman of the House Budget Committee, Congressman Paul Ryan of Wisconsin, will be unveiling his FY2012 budget tomorrow. Not all the details are public information, but what we do know is very encouraging. Ryan’s plan is a broad reform package, including limits...

Senator Corker’s CAP Act: A Better Version of Gramm-Rudman to Reduce the Burden of Government

by Dan Mitchell | Apr 4, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation

This Thursday, April 7, Senator Corker of Tennessee will be the opening speaker at the Cato Institute’s conference on “The Economic Impact of Government Spending” (an event that is free and open to the public, so register here if you want to attend). The Senator will...

English Riots, Faux Austerity, and Krugman’s Fairy Tale

by Dan Mitchell | Apr 1, 2011 | Big Government, Blogs, Economics, Government Spending, Keynesian

London was just hit by heavy riots as part of a protest against the “deep” and “savage” budget cuts of the Cameron government. This is not the first time the U.K. has endured riots. The welfare lobby, bureaucrats, and other recipients of taxpayer largesse are becoming...
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