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....
by Dan Mitchell | Aug 24, 2010 | Big Government, Blogs, Economics, Government Spending, Taxation
In a very predictable editorial this morning, the New York Times pontificated in favor of higher taxes. Compared to Paul Krugman’s rant earlier in the week, which featured the laughable assertion that letting people keep more of the money they earn is akin to sending...
by Dan Mitchell | Aug 23, 2010 | Big Government, Blogs, Economics, Government Spending
Working in Washington is a frustrating experience for many reasons, but my personal nightmare is that bad ideas refuse to die. Keynesian economics is a perfect example. It doesn’t matter that Keynesian deficit spending didn’t work for Hoover and Roosevelt. It doesn’t...
by Dan Mitchell | Aug 21, 2010 | Big Government, Blogs, Economics, Government Spending
I hope the title of this post is an exaggeration, but it’s certainly a logical conclusion based on what is written in the Congressional Budget Office’s updated Economic and Budget Outlook. The Capitol Hill bureaucracy basically has a deficit-über-alles view of fiscal...
by Dan Mitchell | Aug 11, 2010 | Big Government, Blogs, Economic Growth, Government Spending, Taxation
I’m still dealing with the statist echo chamber, having been hit with two additional attacks for the supposed sin of endorsing Reaganomics over Obamanomics (my responses to the other attacks can be found here and here). Some guy at the Atlantic Monthly named Steve...