by Dan Mitchell | Apr 1, 2011 | Big Government, Blogs, Economics, Government Spending, Keynesian
London was just hit by heavy riots as part of a protest against the “deep” and “savage” budget cuts of the Cameron government. This is not the first time the U.K. has endured riots. The welfare lobby, bureaucrats, and other recipients of taxpayer largesse are becoming...
by Dan Mitchell | Mar 11, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation
There’s a significant debate now taking place in Washington – largely behind closed doors, but sometimes covered by the media – on whether fiscal conservatives should maintain a rigid no-tax-increase position. One side of the debate features Grover Norquist of...
by CF&P | Feb 16, 2011 | Big Government, Blogs, Government Spending
Fiscal policy wonks (like me, I’m forced to admit) sometimes miss the forest because we focus too much on individual trees. So while I think my posts on the spending and revenue sides of Obama’s new budget contained lots of useful information, I didn’t pay any...
by Dan Mitchell | Feb 14, 2011 | Big Government, Blogs, Government Spending, Welfare and Entitlements
President Obama’s proposed budget for fiscal year 2012 has been released and there is lots of rhetoric in Washington about “budget cuts.” At first glance, this seems warranted. According to the just-released fiscal blueprint, the federal government is spending about...
by Dan Mitchell | Jan 21, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation
I’m not a big fan of central banks, and I definitely don’t like multilateral bureaucracies, so I almost feel guilty about publicizing two recent studies published by the European Central Bank. But when such an institution puts out research that unambiguously makes the...
