by Dan Mitchell | Mar 12, 2014 | Big Government, Blogs, Economics, Government Spending, States, Taxation
When I first started working on fiscal policy in the 1980s, I never thought I would consider Sweden any sort of role model. It was the quintessential cradle-to-grave welfare state, much loved on the left as an example for America to follow. But Sweden suffered a...
by Dan Mitchell | Mar 10, 2014 | Blogs, Economics
The United States is supposed to be enjoying a recovery. Indeed, we’re now supposedly in the fifth year of an expanding economy. Many Americans must wonder why it doesn’t feel that way. In part, that’s because growth has been very anemic. Indeed, this is the weakest...
by Dan Mitchell | Mar 8, 2014 | Big Government, Blogs, Economics, Government Spending
In recent weeks, I’ve pontificated on Obama’s spendthrift budget, Congressman Dave Camp’s timid tax reform plan, and the corrupt cronyism of Washington. I got to elaborate on all these topics – and more – in this interview with Professor Glenn Reynolds, more widely...
by Dan Mitchell | Mar 6, 2014 | Big Government, Blogs, Economics, Government Spending
Germany isn’t exactly a fiscal role model. Tax rates are too onerous and government spending consumes about 44 percent of economic output. That’s even higher than it is in the United States, where politicians at the federal, state, and local levels divert about...
by Dan Mitchell | Mar 5, 2014 | Blogs, Economics, Health Care, Taxation
Obamacare may not be good news for taxpayers or consumers, but let’s look at the bright side. At least the law has generated some superb political humor, including funny videos. *The head of the National Socialist Workers Party finds out he can’t keep his health plan....