by Dan Mitchell | Sep 24, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation
The fiscal turmoil in Greece is not about fiscal balance. It’s a fight between looters and moochers such as Olga Stefou, who think taxpayers should endlessly subsidize everything, and the shrinking group of productive people who are pulling the wagon and keeping...
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...
