by Dan Mitchell | Jan 20, 2016 | Big Government, Blogs, Government Spending
When I wrote back in 2012 that France was committing fiscal suicide, I should have guessed that President Hollande would get impatient and push for even more statism. Sure enough, the BBC reports that France’s President has a new plan. The ostensible goal is to reduce...
by Dan Mitchell | Jan 18, 2016 | Big Government, Blogs, Economics, Welfare and Entitlements
Let’s dig into the issue of whether the United States should become more like France. In a 2014 study for the National Bureau of Economic Research, Stanford University’s Robert Hall wrote about America’s sub-par economic performance. His opening line was basically a...
by Dan Mitchell | Jan 16, 2016 | Blogs, Economics, Tax Competition, Taxation
In recent years, I’ve argued that America’s corporate tax system must be very bad if companies are not only redomiciling in places like Cayman and Bermuda, but also inverting to countries such as Canada and the United Kingdom. Well, the same thing happens at the state...
by Dan Mitchell | Jan 14, 2016 | Blogs, Economics
Every so often my job requires an unpleasant task, and watching the State-of-the-Union Address as part of Cato’s live-tweeting program counts as one my least enjoyable experiences since joining the team. But let’s make lemonade out of lemons by looking at lessons that...
by Dan Mitchell | Jan 13, 2016 | Blogs, Economics, Health Care
Even before it was enacted, it was obvious that Obamacare was going to have a negative economic impact. From a fiscal policy perspective, the law was bad news because all the new spending and higher taxes increased the fiscal burden of government. From a regulatory...
