by Dan Mitchell | Sep 23, 2011 | Big Government, Blogs, Regulations
Have you ever tried to run in waist-high water? It’s not easy, but it’s a useful exercise if you want to experience what it’s like to comply with government rules, regulation, paperwork, and red tape. Especially if you want to understand why it’s getting harder for...
by Dan Mitchell | Sep 23, 2011 | Blogs, Economics
When asked to pick my most frustrating issue, I could list things from my policy field such as class warfare or income redistribution. But based on all the speeches and media interviews I do, which periodically venture into other areas, I suspect protectionism vs....
by Dan Mitchell | Sep 22, 2011 | Blogs, Economics, Monetary Policy
In a move that some are calling QE3, the Federal Reserve announced yesterday that it will engage in a policy called “the twist” – selling short-term bonds and buying long-term bonds in hopes of artificially reducing long-term interest rates. If successful, this policy...
by Dan Mitchell | Sep 20, 2011 | Blogs, Economics, Laffer Curve, Taxation
It’s hard to keep track of all the tax hikes that President Obama is proposing, but it’s very simple to recognize his main target – the evil, nasty, awful people known as the rich. Or, as Obama identifies them, the “millionaires and billionaires” who happen to have...
by Dan Mitchell | Sep 17, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation
Thomas Sowell just completed a three-part “Back to the Future” series, looking at a couple of fiscal policy issues. His unifying theme is how the political class fails (perhaps deliberately) to learn from mistakes. In Part I, he decimates President Obama’s new...
