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For Both Policy Reasons and Political Reasons, the Fiscal Cliff is Better Than Surrender

by Dan Mitchell | Dec 10, 2012 | Big Government, Blogs, Economics, Government Spending, Taxation

It’s never a good idea to display weakness during negotiations. Your opponent will sense your fear and up his demands. That’s certainly what we’re seeing in Washington. The cartoon at this link captures the GOP’s wobbly attitude on taxes, and this interview is about...
Obama’s Fiscal Plan: Real Tax Hikes and Fake Spending Cuts

Obama’s Fiscal Plan: Real Tax Hikes and Fake Spending Cuts

by Dan Mitchell | Dec 1, 2012 | Big Government, Blogs, Economics, Government Spending, Taxation

If done well, an image can say a thousand words. The Heritage Foundation shows us what Obama has in mind when he talks about a “balanced” plan. This chart, while horrifying and visually powerful, actually understates the case against Obama. The President is not...

Even Leftists Won’t Defend Obama’s Make-Believe $4 Trillion “Grand Bargain” Budget Plan

by Dan Mitchell | Oct 25, 2012 | Big Government, Blogs, Government Spending, Taxation

You have to give President Obama credit for chutzpah. He pushed through a faux stimulus in his first year and Obamacare in his second year, both of which significantly increased the burden of government spending. In the past two years, he’s basically punted, proposing...

Does the $16 Trillion Debt Matter? A Remedial Lesson in Public Finance Economics for the GOP

by Dan Mitchell | Sep 7, 2012 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements

Everyone has a cross to bear in life, some sort of burden or obligation, often self-imposed. For some inexplicable reason, I’ve decided that one of my responsibilities is to educate a backwards and primitive people who seem impervious to common sense, simple logic,...

Spending Cuts and Tax Cuts Should Be an All-of-the-Above Option, Not an Either-Or Choice

by Dan Mitchell | Aug 31, 2012 | Big Government, Blogs, Government Spending, Taxation

I’m in Slovenia where I just finished indoctrinating educating a bunch of students on the importance of Mitchell’s Golden Rule as a means of restraining the burden of government spending. And I emphasized that the fiscal problem in Europe is the size of government,...
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