by Dan Mitchell | Apr 18, 2015 | Big Government, Blogs, Economics, Government Spending
I don’t know whether to be impressed or horrified by Paul Krugman. I’m impressed that he’s always “on message.” No matter what’s happening in America or around the world, he always has some sort of story about why events show the need for bigger government. But I’m...
by Dan Mitchell | Feb 18, 2015 | Bailouts, Big Government, Blogs, Economics, Government Spending
There’s a big fiscal battle happening in Europe. The relatively new Greek government is demanding continued handouts from the rest of Europe, but it wants to renege on at least some of the country’s prior commitments to improve economic performance by reducing the...
by Dan Mitchell | Jan 17, 2015 | Big Government, Blogs, Economics, Europe, Welfare and Entitlements
In my younger years, I oftentimes would have arguments with statists who wanted me to believe that countries in Northern Europe like Sweden “proved” that generous welfare states were compatible with economic prosperity. That doesn’t happen as often today because the...
by Dan Mitchell | Jan 1, 2015 | Big Government, Blogs, Europe, Health Care, Welfare and Entitlements
Let’s look at three very important things that may happen this year and what they might mean. 1. Will the Republican Senate support genuine entitlement reform? One of the best things to happen in recent years is that House Republicans embraced genuine entitlement...
by Dan Mitchell | Dec 3, 2014 | Big Government, Blogs, Economics, Free Market, Tax Competition, Tax Harmonization, Taxation
The United States is burdened with some very bad policies that hinder growth and undermine competitiveness. But sometimes you can win a race if your rivals have policies that are even more self-destructive. And that’s a good description of why the U.S. economy is...