by Dan Mitchell | Dec 2, 2010 | Bailouts, Big Government, Blogs
The fiscal disintegration of Europe is bad news, though I confess to a bit of malicious glee every time I read about welfare states such as Greece, Ireland, and Portugal getting to the point where they no longer have the ability to borrow enough money to finance their...
by Dan Mitchell | Nov 18, 2010 | Bailouts, Big Government, Blogs, Economics, Government Spending
Ireland is in deep fiscal trouble and the Germans and the French apparently want the politicians in Dublin to increase the nation’s 12.5 percent corporate tax rate as the price for being bailed out. This is almost certainly the cause of considerable smugness and joy...
by Dan Mitchell | Nov 10, 2010 | Big Government, Blogs
One of my first blog posts (and the first one to get any attention) highlighted the amusing/embarrassing irony of having Chinese students laugh at Treasury Secretary Geithner when he claimed the United States had a strong-dollar policy. I suspect that even Tim...
by Dan Mitchell | Oct 2, 2010 | Big Government, Blogs, Government Spending, Taxation
Eli Lehrer has an article on the FrumForum entitled “Five Revenue Raisers the GOP Should Back.” He argues it would be good to get rid of preferences such as the state and local tax deduction and the mortgage interest deduction, and he also asserts that there should be...
by Dan Mitchell | Sep 30, 2010 | Big Government, Blogs, Government Spending, Taxation
While I’m glad Republicans are finally talking about smaller government, I’ve expressed some disappointment with the GOP Pledge to America. Why “reform” Fannie and Freddie, I asked, when the right approach is to get the government completely out of the housing sector....