by Dan Mitchell | Jun 29, 2010 | Big Government, Blogs, Taxation
President Bush was a big spender, but President Obama is taking profligacy to the next level. In his first year in office, Obama pushed through a pork-filled “stimulus” that was supposed to increase jobs and prosperity (at least according to the discredited Keynesian...
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 | 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 20, 2010 | Big Government, Blogs
Steve Forbes is 100 percent correct, as was Milton Friedman. Bloated and wasteful government spending is the problem, not inadequate revenue. Deficits are merely the symptom of excessive spending: The late Nobel Prize-winning economist Milton Friedman once famously...