by Dan Mitchell | Jun 10, 2010 | Blogs, Economic Growth, Free Market, Taxation
Every so often, perhaps inadvertently, a collectivist says something very smart. In the case of Lula da Silva, Brazil’s socialist president, he made the common-sense observation that you can’t redistribute without first producing. He didn’t quite realize what he was...
by Dan Mitchell | May 27, 2010 | Blogs, Economic Growth, Free Market
Every so often, perhaps inadvertently, a collectivist says something very smart. In the case of Lula da Silva, Brazil’s socialist president, he made the common-sense observation that you can’t redistribute without first producing. He didn’t quite realize what he was...
by Dan Mitchell | May 4, 2010 | Big Government, Blogs, Economic Growth, Uncategorized
The President had another “spread the wealth” slip of the tongue the other day, this time remarking that “at some point you have made enough money.” Some have commented that this exposes Obama’s anti-capitalist ideology, and others have...
by Dan Mitchell | Mar 23, 2010 | Big Government, Blogs, Economic Growth, Taxation
When Dorothy and her friends finally reach Oz, they present themselves to the almighty Wizard, only to eventually discover that he is just an illusion maintained by a charlatan hiding behind a curtain. This seems eerily akin to the state of Keynesian economics. It...
by Dan Mitchell | Mar 22, 2010 | Big Government, Blogs, Economic Growth
As usual, Sowell is right on the mark. By expanding the size and burden of government, Obama is making it more difficult for the economy to prosper: President Obama keeps telling us that he is “creating jobs.” But more and more Americans have no jobs. The...
