by Dan Mitchell | Jul 6, 2012 | Blogs, Economics, Keynesian
Remember back in 2009, when President Obama and his team told us that we needed to squander $800 billion on a so-called stimulus package. The crowd in Washington was quite confident that Keynesian spending was going to save the day, even though similar efforts had...
by Dan Mitchell | Jun 14, 2012 | Big Government, Blogs, Economics, Government Spending
Since I’ve written several times that the United States will face a fiscal crisis if entitlement programs aren’t reformed, you won’t be surprised to see that I repeat those points in this CNBC debate. But I’m not happy with my performance. Not because my leftist...
by Dan Mitchell | Jun 13, 2012 | Big Government, Blogs, Economics, Government Spending, Keynesian
It seems that any argument about the economy eventually boils down to the core issue of whether government spending acts as a stimulus or whether it is – in the words of Thomas Sowell – a sedative that undermines prosperity. So when Robert Reich and I went on Erin...
by Dan Mitchell | Jun 3, 2012 | Big Government, Blogs, Economics, Education, Government Waste
Government bureaucrats are significantly overpaid compared to folks in the productive sector of the economy. So you would think I’d support cuts, especially the kind that get rid of excess blubber in the government workforce. But not when it means higher costs for...
by Dan Mitchell | May 27, 2012 | Big Government, Blogs, Economics, Europe, Government Spending
Guido Westerwelle is supposed to be the German version of a libertarian. Currently serving as Foreign Minister, he was the chairman of the supposedly pro-market Free Democratic Party for 10 years and Wikipedia says he was known as a “proponent of an unlimited free...
