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A Picture Says a Thousand Words: President Obama’s Dismal Failure on Jobs

by Dan Mitchell | Sep 8, 2012 | Big Government, Blogs, Economics, Government Spending, Keynesian

If it wasn’t for the fact that so many people are suffering and being seduced into empty lives of government dependency (symbolized by Julia, the world’s most disappointing daughter), I might feel sorry for President Obama. He promised unemployment would never climb...

Does the $16 Trillion Debt Matter? A Remedial Lesson in Public Finance Economics for the GOP

by Dan Mitchell | Sep 7, 2012 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements

Everyone has a cross to bear in life, some sort of burden or obligation, often self-imposed. For some inexplicable reason, I’ve decided that one of my responsibilities is to educate a backwards and primitive people who seem impervious to common sense, simple logic,...

Another Dismal Assessment of Obamanomics: United States Drops to 7th in WEF’s Global Competitiveness Index

by Dan Mitchell | Sep 5, 2012 | Big Government, Blogs, Economics, Government Spending, Government Waste, Regulations

Every year, I look forward to the annual releases of both Economic Freedom of the World and the Index of Economic Freedom. With their comprehensive rankings, these two publications enable interested parties to compare nations and see which countries are moving in the...

Study from German Economists Shows that Tax Competition and Fiscal Decentralization Limit Income Redistribution

by Dan Mitchell | Sep 4, 2012 | Blogs, Economics, Tax Competition, Tax Harmonization, Taxation

If we want to avoid the kind of Greek-style fiscal collapse implied by this BIS and OECD data, we need some external force to limit the tendency of politicians to over-tax and over-spend. That’s why I’m a big advocate of tax competition, fiscal sovereignty, and...

Fed Critics Should Worry About More Than Easy Money and Inflation

by Dan Mitchell | Sep 2, 2012 | Big Government, Blogs, Economics, Regulations

If people are criticizing the Federal Reserve, it’s overwhelmingly likely that they are focused on the central bank’s poor conduct of monetary policy. And there’s plenty to criticize, as documented in this video featuring Professor George Selgin. I also have a video,...
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