Everything You Need to Know about the Ryan Budget

by Dan Mitchell | Mar 13, 2013 | Big Government, Blogs, Economics, Government Spending

Sigh. Even when they’re sort of doing the right thing, Republicans are incapable of using the right argument. Paul Ryan, Chairman of the House Budget Committee, has unveiled his proposed budget and he and other Republicans are bragging that the plan will balance the...

The Tax Code Shouldn’t Steer Capital to State and Local Governments at the Expense of Private Investment

by Dan Mitchell | Feb 22, 2013 | Blogs, Economics, Taxation

I’m a proponent of a pro-growth and non-corrupt tax code. I mostly write and talk about the flat tax, though I’d be happy to instead accept a national sales tax if we could somehow get rid of the 16th Amendment and replace it with something so ironclad that even...

After Reviewing the Federal Reserve’s Lousy Track Record, Thomas Sowell Asks Why such a Deeply Flawed Institution Should Be Allowed to Accumulate more Power

by Dan Mitchell | Feb 9, 2013 | Big Government, Blogs, Economics

When speaking about the difference between the private sector and the government, I sometimes emphasize that mistakes and errors are inevitable, and that the propensity to screw up may be just as prevalent in the private sector as it is in the public sector. I...

From Employment to Savings, Bad Government Policy Is Undermining the U.S. Economy

by Dan Mitchell | Feb 4, 2013 | Big Government, Blogs, Economics

First, some good news. The United States is in much better shape than most other developed nations, particularly if you look at broad measures of prosperity and living standards. And our economy is growing and the private sector is creating jobs. That’s the...

In a Continuing Indictment of Obamanomics, another Bad Jobs Number Showing the “New Normal” of High Unemployment

by Dan Mitchell | Feb 2, 2013 | Blogs, Economics

I almost feel sorry for the Obama Administration’s spin doctors. Every month, they probably wait for the unemployment numbers from the Bureau of Labor Statistics with the same level of excitement that people on death row wait for their execution date. This has been...