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House Budget Cuts Are a Great Fiscal Victory, but Just the First Step of a Long Journey

by Dan Mitchell | Feb 12, 2011 | Big Government, Blogs, Government Spending

I am pleasantly stunned that GOP leaders have increased the level of cuts in the bill that will fund the government for the final seven months of fiscal year 2011. Kudos to the freshman members, the Tea Party, and the conservatives who have led the charge and achieved...

Greetings from Italy

by Dan Mitchell | Jan 31, 2011 | Big Government, Blogs, Government Spending, Taxation

I’m in Milan, at the office of the Institute Bruno Leoni, which overlooks the famous Castle Sforza and is almost within shouting distance of the remarkable cathedral. This evening, I’ll be talking about how Italy should balance its budget by limiting the size of...

Obama’s State-of-the-Union Speech: Maybe New Rhetoric, Definitely Old Ideas

by Dan Mitchell | Jan 25, 2011 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements

I’m disappointed, but not surprised, to read in the Washington Post that President Obama has decided against any changes to restrain Social Security spending. He’ll still probably subject us to pious and insincere rhetoric about fighting red ink in tonight’s...

Even Studies from the European Central Bank Show Spending Restraint Is Key to Controlling Red Ink

by Dan Mitchell | Jan 21, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation

I’m not a big fan of central banks, and I definitely don’t like multilateral bureaucracies, so I almost feel guilty about publicizing two recent studies published by the European Central Bank. But when such an institution puts out research that unambiguously makes the...

Emperor Rompuy Complains that “Bond Vigilantes” Don’t Appreciate Euro Clothes

by CF&P | Jan 15, 2011 | Big Government, Blogs, Welfare and Entitlements

I’ve already poked fun at Herman Van Rompuy, the nondescript über-bureaucrat who has risen to the non-elected post of European Council President. I’ve mocked Rompuy’s attempts to compete with other European politicians, and I encourage everyone to have a good laugh at...
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