by Dan Mitchell | Nov 7, 2011 | Big Government, Blogs, Economics, Government Spending
Even though the unwashed masses decided that I didn’t win my stimulus debate in New York City, I continue my fight for the hearts and minds of the American people. I’m now taking part in a debate for U.S. News & World Report on “Who Is Handling Its Debt Crisis...
by Dan Mitchell | Nov 4, 2011 | Bailouts, Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements
Politicians in Europe have spent decades creating a fiscal crisis by violating Mitchell’s Golden Rule and letting the government grow faster than the private sector. As a result, government is far too big today, and nations such as Greece are in the process of fiscal...
by Dan Mitchell | Oct 26, 2011 | Blogs, Europe, Taxation
I don’t often have reason to praise the White House. But the Administration occasionally winds up fighting on the right side when dealing with the statists on the other side of the Atlantic Ocean. I lauded the Obama Administration two years ago when the Treasury...
by Dan Mitchell | Oct 24, 2011 | Big Government, Blogs, Economics, Europe, Government Spending
A couple of months ago, after reading an excellent column in the semi-official newspaper of the Vatican, I joked that we should send Obama to Rome for an economics lesson. I now completely retract that statement. There may be some economically astute people who write...
by Dan Mitchell | Oct 20, 2011 | Bailouts, Big Government, Blogs, Europe
I would have structured this flowchart differently, for reasons I discuss in this post, but this is pretty good picture of why Europe is in trouble. They say all roads lead to Rome, and this flowchart shows all roads lead to a banking crisis (see this post to...
