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Will Taxpayers Be Forced to Bail Out Union Pensions?

by Dan Mitchell | Apr 16, 2014 | Big Government, Blogs, Economics, Welfare and Entitlements

As a supporter of genuine capitalism, which means the right of contract and the absence of coercion, I don’t think there should be any policies that help or hinder unions. The government should simply be a neutral referee that enforces contracts and upholds the rule...

Why Did Western Nations Continue to Prosper in the 20th Century even though Fiscal Burdens Increased?

by Dan Mitchell | Apr 11, 2014 | Blogs, Economics, Free Market

In the pre-World War I era, the fiscal burden of government was very modest in North America and Western Europe. Total government spending consumed only about 10 percent of economic output, most nations were free from theplague of the income tax, and the value-added...

Member of Obama’s Council of Economic Advisers Admits White House 77 Cents Pay Gap Claim Is Bogus

by Dan Mitchell | Apr 9, 2014 | Economics, Society

President Obama and many other leftist politicians are running around the nation claiming that supposedly greedy employers are deliberately choosing to reduce their profits. They’re not actually making that specific claim, but that’s what they’re asserting, for all...
The Golden Rule of Spending Restraint

The Golden Rule of Spending Restraint

by Dan Mitchell | Apr 7, 2014 | Big Government, Blogs, Economics, Government Spending

My tireless (and probably annoying) campaign to promote my Golden Rule of spending restraint is bearing fruit. The good folks at the editorial page of the Wall Street Journal allowed me to explain the fiscal and economic benefits that accrue when nations limit the...
Support the VAT…if You Oppose Entitlement Reform and Want More spending and More Debt

Support the VAT…if You Oppose Entitlement Reform and Want More spending and More Debt

by Dan Mitchell | Apr 4, 2014 | Big Government, Blogs, Economics, Government Spending, Taxation, VAT

I’m a supporter of a single-rate tax regime, especially if there’s no double taxation of income that is saved and invested. That’s why I like the flat tax. But I’ve expressed concern about the national sales tax, even though it’s basically the same as a flat tax (the...
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