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Europe’s Fiscal Crisis Is Caused by too Much Government, and Deficits and Debt Are Merely Symptoms of that Problem

by Dan Mitchell | Jan 22, 2012 | Big Government, Blogs, Government Spending

I don’t expect a  good outcome to the European fiscal crisis, largely because nobody seems to understand that the real problem is excessive government spending. The economic illiterates in the press sometimes say the fight in Europe is between austerity and...

Making Obama Seem Reasonable by Comparison, Merkel and Sarkozy Propose Higher Taxes to “Strengthen Growth Now”

by Dan Mitchell | Jan 21, 2012 | Big Government, Blogs, Economics, Europe, Government Spending, Taxation

The German Chancellor and French President have put together a plan to boost growth. Sounds like a good goal, but what specifically are they proposing? Some of the obvious ideas include: Lowering tax rates to boost incentives for productive behavior. Reducing the...

Illinois Downgrade Provides More Evidence that Higher Taxes Make Fiscal Problems Worse, not Better

by Dan Mitchell | Jan 20, 2012 | Big Government, Blogs, Government Spending, Taxation

I don’t blame the Democrats for wanting to seduce Republicans into a tax-increase trap. Indeed, I completely understand why some Democrats said their top political goal was getting the GOP to surrender the no-tax-hike position. I’m mystified, though, why some...

A Futile Economics Lesson for France’s Politicians

by Dan Mitchell | Jan 11, 2012 | Blogs, Economics, Taxation

I realize this is about as productive as talking to a brick wall, but I’m going to explain some basic economics to statist French policymakers (oops, pardon the redundancy). This heroic – albeit surely futile – impulse is triggered by a recent proposal from President...

Spain’s New Government Has Already Betrayed Taxpayers

by Dan Mitchell | Jan 3, 2012 | Big Government, Blogs, Taxation

Late last year, Spanish voters kicked out a socialist government and elected a new government led by the supposedly conservative People’s Party. Is that translating into smaller government and more freedom? Doesn’t look that way. It seems that Spanish right-of-center...
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