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,...
by Dan Mitchell | Aug 27, 2012 | Big Government, Blogs, Government Spending, Health Care, Welfare and Entitlements
I’m never guilty of being an optimist, but two items caught my attention today that suggest the tide may be turning on entitlement reform. We’ll start with something from the New York Times. Regular readers know that I’ve criticized that paper on a few occasions....
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...
