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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...
The Long-Awaited Dan Mitchell 2012 Predictions

The Long-Awaited Dan Mitchell 2012 Predictions

by Dan Mitchell | Jan 1, 2012 | Blogs, Economics, Europe

Last January, I identified five things that worried me for 2011. Here’s what had me concerned, along with some ex post facto analysis about whether I was right to fret: 1. A back-door bailout of the states from the Federal Reserve – Thankfully, I was way off base with...

An In-Your-Face Smackdown of Europe’s Bureaucratic Empire

by Dan Mitchell | Dec 23, 2011 | Big Government, Blogs, Europe, Regulations

I’m not a big fan of the European bureaucracy. Indeed, I was semi-serious when I stated that Brussels was the “most statist place on the planet.” Which is why I greatly enjoyed this speech by the head of Ryan Air, who ripped the bureaucrats a new you-know-what while...
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