by Dan Mitchell | Aug 25, 2010 | Blogs, Economic Growth, Economics
One of the main factors determining incumbent election success is economic performance. When disposable income is rising and people feel good about the future, it is difficult for an incumbent to lose. So why, then, is Obama pursuing policies that are undermining...
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...
by Brian Garst | Aug 10, 2010 | Blogs, Constitution, Economic Growth, Taxation
With the public unconvinced of the wisdom of soaking the rich, the latest hot idea floating around in statist circles is not to soak the rich, but rather the really, super-duper, ultra rich. In a class-warfare filled screed, James Surowiecki wrote in the New Yorker on...
by Dan Mitchell | Aug 4, 2010 | Big Government, Blogs, Economic Growth, Taxation
I seem to have touched a raw nerve with my post earlier today comparing Reagan and Obama on how well the economy performed coming out of recession. Both Ezra Klein and Paul Krugman have denounced my analysis (actually, they denounced me approving of Richard Rahn’s...
by Brian Garst | Aug 2, 2010 | Blogs, Economic Growth, Taxation
Statists view “the rich” as nothing more than ATM machines for funding big-government welfare states. They think they can take as much as they like – they’re rich, after all! – without consequences. Once they empty the machine, the bank...