by Dan Mitchell | Nov 9, 2010 | Big Government, Blogs, Economics, Government Spending, Taxation
I’ve already written about the terrible work of the Congressional Budget Office. The CBO did an awful job on the stimulus, for instance, repeatedly asserting that diverting money from the private sector to government somehow would create jobs. CBO also was a disaster...
by Dan Mitchell | Oct 14, 2010 | Big Government, Blogs, Government Spending
I recently posted data showing how companies are sitting on lots of cash, presumably in part because the business climate is not conducive to investment and job creation. I also showed a cartoon that makes the same point in an amusing – yet insightful – manner. Now...
by Dan Mitchell | Oct 13, 2010 | Big Government, Blogs, Government Spending, Taxation
There certainly are logical reasons to think that Obama’s policies are dampening economic growth. Investors and entrepreneurs have little reason to produce and take risks, after all, when they know the burden of government is going to climb. Especially when you add...
by Dan Mitchell | Oct 6, 2010 | Big Government, Blogs, Economics, Government Spending
Keynesian economic theory is the social-science version of a perpetual motion machine. It assumes that you can increase your prosperity by taking money out of your left pocket and putting it in your right pocket. Not surprisingly, nations that adopt this approach do...
by Dan Mitchell | Oct 2, 2010 | Big Government, Blogs, Economics, Health Care
This blog already has noted that Obamacare crippled the market for “kids only” health insurance policies. Unsurprisingly, that is just the beginning of the bad news. The latest development is that health policies designed to provide insurance to low-income workers may...
