by Dan Mitchell | Jun 25, 2010 | Big Government, Blogs, Taxation
Barack Obama and Angela Merkel are the two main characters in what is being portrayed as a fight between American “stimulus” and European “austerity” at the G-20 summit meeting in Canada. My immediate instinct is to cheer for the Europeans. After all, “austerity”...
by Dan Mitchell | Jun 13, 2010 | Big Government, Blogs
It’s rather symbolic of what’s wrong with Washington that a commission ostensibly created to promote deficit reduction is seeking a bigger budget, as noted in the Tax Notes story excerpted below. Rather than impose a bigger burden on taxpayers, though, I...
by Dan Mitchell | May 28, 2010 | Big Government, Blogs, Europe
When even the New York Times is writing articles about the collapse of the European welfare state, you know that the political establishment is finally recognizing the writing on the wall. Recognizing a problem and solving a problem, however, are two different things....
by CF&P | May 10, 2010 | News, Press Releases
Center for Freedom and Prosperity Foundation For Immediate Release Monday, May 10, 2010 202-285-0244 www.freedomandprosperity.org New CF&P “Economics 101” Video Discusses Deficits, Debt and Unfunded Liabilities (Washington, D.C., Monday, May 10, 2010)...
by Dan Mitchell | Apr 6, 2010 | Big Government, Blogs
This chart, published in the New York Times and based on work by Andrew Biggs of the American Enterprise Institute, shows the states with the most serious debt problems. Maybe I don’t follow state issues closely enough, but I was surprised to find that Alaska...