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Even Leftists Won’t Defend Obama’s Make-Believe $4 Trillion “Grand Bargain” Budget Plan

by Dan Mitchell | Oct 25, 2012 | Big Government, Blogs, Government Spending, Taxation

You have to give President Obama credit for chutzpah. He pushed through a faux stimulus in his first year and Obamacare in his second year, both of which significantly increased the burden of government spending. In the past two years, he’s basically punted, proposing...

The Federalism Solution to the Medicaid Nightmare

by Dan Mitchell | Oct 12, 2012 | Big Government, Blogs, Government Spending, Health Care, Welfare and Entitlements

This election season has seen lots of talk (and demagoguery) about whether investors, entrepreneurs, and small business owners should be hit with class-warfare tax policy. And there’s also been lots of debate about the best way of averting bankruptcy for Medicare,...

Does the $16 Trillion Debt Matter? A Remedial Lesson in Public Finance Economics for the GOP

by Dan Mitchell | Sep 7, 2012 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements

Everyone has a cross to bear in life, some sort of burden or obligation, often self-imposed. For some inexplicable reason, I’ve decided that one of my responsibilities is to educate a backwards and primitive people who seem impervious to common sense, simple logic,...

Will American Exceptionalism Be Destroyed by the Entitlement Society?

by Dan Mitchell | Sep 6, 2012 | Big Government, Blogs, Welfare and Entitlements

I wrote a celebratory post last November about the dramatic difference between Americans and Europeans. There truly is American exceptionalism in that Europeans are much more likely to think it is government’s responsibility to provide the basics of life. Another poll...

Spending Cuts and Tax Cuts Should Be an All-of-the-Above Option, Not an Either-Or Choice

by Dan Mitchell | Aug 31, 2012 | Big Government, Blogs, Government Spending, Taxation

I’m in Slovenia where I just finished indoctrinating educating a bunch of students on the importance of Mitchell’s Golden Rule as a means of restraining the burden of government spending. And I emphasized that the fiscal problem in Europe is the size of government,...
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