by Dan Mitchell | Jun 27, 2015 | Bailouts, Big Government, Blogs, Economics, Regulations
When debating and discussing the 2008 financial crisis, there are two big questions. And the answers to these questions are important because the wrong “narrative” could lead to decades of bad policy (much as a mistaken narrative about the Great Depression enabled bad...
by Dan Mitchell | Jun 25, 2015 | Big Government, Blogs, Government Spending, Taxation
I detest writing about Greece. I suggested back in 2010 that the best outcome was default, which would have been the most likely outcome of a no-bailouts approach. And for the past five years, events have confirmed – over and over again – that this was the right...
by Dan Mitchell | Jun 22, 2015 | Blogs, Economics
When I wrote the other day that the Organization for Economic Cooperation and Development was the worst international bureaucracy, I must have caused some envy at the International Monetary Fund. One can imagine the tax-free bureaucrats from the IMF, lounging at their...
by Dan Mitchell | Jun 21, 2015 | Big Government, Blogs, Economics, Government Spending
I suggested earlier this year that Denmark’s ratio of private sector workers compared with government dependents produced the world’s most depressing Powerpoint slide. It’s hard to be optimistic, after all, if a nation has an ever-growing number of people riding in...
by Dan Mitchell | Jun 20, 2015 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Last September, I wrote about some very disturbing 10-year projections that showed a rising burden of government spending. Those numbers were rather depressing, but a recently released long-term forecast from the Congressional Budget Office make the 10-year numbers...
