by Dan Mitchell | Aug 25, 2012 | Big Government, Blogs, Economics, Welfare and Entitlements
It’s not often that I read something by Paul Krugman and think, “Good point, I hope he’s correct.” After all, I had to correct Krugman’s inaccurate analysis of Estonia, and also point out the errors in what he wrote about the United Kingdom. And I also noted mistakes...
by Dan Mitchell | Aug 23, 2012 | Big Government, Blogs, Government Spending, Taxation
Now that new numbers have been released by the Congressional Budget Office, it’s time once again for me to show how easy it is to balance the budget with modest spending restraint (though please remember our goal should be smaller government, not fiscal balance). I...
by Dan Mitchell | Aug 20, 2012 | Big Government, Blogs, Europe
Back in 2010, I posted a fascinating map from the Economist website, showing debt burdens (as a share of GDP) for nations around the world. This data showed lots of red ink, with Western Europe generally being more indebted than the United States. In 2011, I posted...
by Dan Mitchell | Aug 16, 2012 | Big Government, Blogs, Economics, Government Spending, Taxation
Even though I’ve already made clear that I am less-than-overwhelmed by the thought of Mitt Romney in the White House, I worry that people will become to think I’m a GOP toady. That’s because I’ve been spending a lot of time providing favorable analysis and commentary...
by Dan Mitchell | Jul 14, 2012 | Big Government, Blogs, Welfare and Entitlements
I wrote last year about the way in which welfare programs lead to very high implicit marginal tax rates on low-income people. More specifically, they lose handouts when they earn income. As such, it is not very advantageous for them to climb the economic ladder...
