by Dan Mitchell | Oct 28, 2015 | Big Government, Blogs, Europe, Welfare and Entitlements
I periodically make comparisons of the United States and Europe that are not very flattering for our cousins across the Atlantic. Though this isn’t because of any animus toward Europe. Indeed, I always enjoy my visits. And some of America’s best (albeit eroding)...
by Dan Mitchell | Oct 27, 2015 | Big Government, Blogs, Economics, Government Spending
During the 1980 presidential campaign, Ronald Reagan famously said “there you go again” when responding to one of Jimmy Carter’s attacks. Well, the Gipper’s ghost is probably looking down from Heaven at the new budget deal between congressional leaders and the Obama...
by Dan Mitchell | Oct 25, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation
It’s time for a lesson in tax economics. Though hopefully today’s topic won’t be as dry and boring as my missives on more technical issues like depreciation and worldwide taxation. That’s because we’re going to talk about the taxation of workers, which is something...
by Dan Mitchell | Oct 23, 2015 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements
Republicans are probably going to surrender on spending caps, thus allowing Obama to reverse his biggest-ever defeat. Moreover, GOPers almost surely will get nothing in exchange for raising the debt limit, thus squandering an opportunity to limit profligacy in...
by Dan Mitchell | Oct 21, 2015 | Big Government, Blogs, Economics, Europe, Welfare and Entitlements
Whenever there’s a discussion of the Nordic nations, I feel conflicted. I don’t like the punitively high tax rates and socially destructive levels of redistribution in nations such as Denmark, but I also admire the very laissez-faire policies those countries have when...