by Dan Mitchell | Aug 27, 2019 | Blogs, Economics, Europe
My primary job is dealing with misguided public policy in the United States. I spend much of my time either trying to undo bad policies with good reform (flat tax, spending restraint, regulatory easing, trade liberalization) or fighting off additional bad...
by Dan Mitchell | Aug 19, 2019 | Blogs, Europe, Taxation
I’ve written over and over again about how European-sized welfare states require big tax burdens on poor and middle-income taxpayers. Simply stated, there aren’t enough rich people to finance big government. Especially since they generally have the ability to...
by Dan Mitchell | Jun 25, 2019 | Blogs, Europe, Taxation
I’ve argued for many years that a Clean Brexit is the right step for the United Kingdom for the simple reason that the European Union is a slowly sinking ship. Part of the problem is demographics. Europe’s welfare states are already very expensive and the relative...
by Dan Mitchell | Jun 22, 2019 | Blogs, Economics, Europe, Socialism
I don’t think either Senator Bernie Sanders or Representative Alexandria Ocasio-Cortez actually understand that socialism is an economic system based on government ownership of the means of production, augmented by central planning, and price controls. For what it’s...
by Dan Mitchell | May 28, 2019 | Big Government, Blogs, Europe, Taxation, Welfare and Entitlements
I periodically explain that a European-sized welfare state can only be financed by huge taxes on lower-income and middle-class taxpayers. Simply stated, there aren’t enough rich people to prop up big government. Moreover, at the risk of mixing my animal metaphors,...
