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...
by Dan Mitchell | Sep 16, 2011 | Big Government, Blogs, Economics, Government Spending, Tax Harmonization, Taxation
This is either frightening or hilarious. The people in Washington who are trying to make America more like Europe are advising the Europeans to double-down on the awful policies that have pushed the continent’s welfare states to insolvency. Here are some of the...
by Dan Mitchell | Sep 15, 2011 | Big Government, Blogs, Economics, Energy, Government Spending
The President’s “green energy” loan program has turned into an embarrassment for the White House, in part because of the sordid corruption associated with the bankruptcy of Solyndra. But the subsidy program also has attracted some negative attention for its failure to...
by Dan Mitchell | Sep 9, 2011 | Big Government, Blogs
Herman Cain probably had the best reaction to the President’s speech: “We waited 30 months for this?” My reaction yesterday was mixed. In some sense, I was almost embarrassed for the President. He demanded a speech to a joint session of Congress and then produced a...
by Dan Mitchell | Sep 5, 2011 | Blogs, Economics
President Obama may have a buddy-buddy relationship with big labor, but he’s no friend to ordinary workers. Here are four damning pieces of evidence. 1. The unemployment rate remains above 9 percent according to the Labor Department data released on Friday. This is...