by Dan Mitchell | Jan 30, 2015 | Big Government, Blogs, Economics, Government Waste
I’ve periodically cited the great 19th-century French economist, Frederic Bastiat, for his very wise words about the importance of looking at both the seen and the unseen when analyzing public policy. Those that fail to consider secondary or indirect effects of...
by Dan Mitchell | Jan 29, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation, Welfare and Entitlements
The Obama Administration has already announced a bunch of tax increases that will be part of the President’s soon-to-be-released budget. But, in a remarkable development, the White House has preemptively thrown in the towel and said that it will no longer pursue a...
by Dan Mitchell | Jan 28, 2015 | Big Government, Blogs, Economics
There’s a lot of navel-gazing analysis in Washington about whether to expect some sort of bipartisanship over the next two years. I find such discussions very irritating because they assume that you automatically get good results when Republicans and Democrats both...
by Dan Mitchell | Jan 26, 2015 | Big Government, Blogs, Government Spending, Taxation
Just like the swallows return each year to Capistrano, I eagerly await the Congressional Budget Office’s release of its annual Economic and Budget Outlook. But not just because I’m a fiscal wonk. I also like perusing this publication to find CBO’s “baseline” forecast...
by Dan Mitchell | Jan 25, 2015 | Blogs, Economics, Keynesian
It’s no secret that I’m a huge fan of Ronald Reagan. He’s definitely the greatest president of my lifetime and, with one possible rival, he was the greatest President of the 20th century. If his only accomplishment was ending malaise and restoring American prosperity...
