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Funny Cartoon Video Mocks Obamacare

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....

Underwhelmed: Grading the New Tax Reform Plan from the Chairman of the Ways & Means Committee

by Dan Mitchell | Feb 27, 2014 | Blogs, Economics, Taxation

To make fun of big efforts that produce small results, the famous Roman poet, Horace, wrote “The mountains will be in labor, and a ridiculous mouse will be brought forth.” That line sums up my view of the new tax reform plan introduced by Congressman Dave Camp,...

Long-Term Growth and the Corrosive Impact of Obamanomics

by Dan Mitchell | Feb 25, 2014 | Big Government, Blogs, Economics

One of my goals is to convince people that even small differences in long-run growth can have a powerful impact on living standards and societal prosperity. In other words, the economy is not a fixed pie. The right policies, such as free markets and small government,...
The Missing Data in Krugman’s German Austerity Narrative

The Missing Data in Krugman’s German Austerity Narrative

by Dan Mitchell | Feb 24, 2014 | Big Government, Blogs, Economics, Government Spending

There’s an ongoing debate about Keynesian economics, stimulus spending, and various versions of fiscal austerity, and regular readers know I do everything possible to explain that you can promote added prosperity by reducing the burden of government spending. Simply...

Minimum Wage Laws: Sabotaging the Ladder of Economic Opportunity

by Dan Mitchell | Feb 23, 2014 | Blogs, Economics, Minimum Wage

If I banged my head against the wall every time politicians advocated bad policy in Washington – which is a tempting impulse, I would have been institutionalized because of brain damage a long time ago. But it’s difficult to maintain my self control when I think...
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