by Dan Mitchell | Dec 1, 2010 | Big Government, Blogs, Economics, Government Spending, Taxation
The Chairmen of President Obama’s Fiscal Commission have a new draft proposal that is filled, according to Reuters, with “sharp spending and benefit cuts.” That’s music to my ears, so I quickly flipped to the back of the report in hopes of finding hard numbers showing...
by Dan Mitchell | Nov 17, 2010 | Big Government, Blogs, Government Spending, Taxation, VAT
I’ve already commented on the proposal from the Chairmen of President Obama’s Fiscal Commission (including a very clever cartoon, if it’s okay to pat myself on the back). Now we have a similar proposal from the so-called Debt Reduction Task Force. Chaired by former...
by Dan Mitchell | Nov 15, 2010 | Big Government, Blogs, Government Spending, Monetary Policy
I have a column in today’s New York Post, where I pull no punches as I comment on how the rest of the world is increasingly worried about Obama’s policies of easy money and deficit spending. I note that other nations often are guilty of the same mistakes, but that’s...
by Dan Mitchell | Nov 9, 2010 | Big Government, Blogs, Economics, Government Spending, Taxation
I’ve already written about the terrible work of the Congressional Budget Office. The CBO did an awful job on the stimulus, for instance, repeatedly asserting that diverting money from the private sector to government somehow would create jobs. CBO also was a disaster...
by Dan Mitchell | Oct 9, 2010 | Big Government, Blogs, Economics, Government Spending
The Economist has a fascinating webpage that allows you to look at all the world’s nations and compare them based on various measures of government debt (and for various years). The most economically relevant measure is public debt as a share of GDP, and you can see...
