by Dan Mitchell | Jul 1, 2011 | Blogs, Economics, Laffer Curve, Taxation
The big-government advocates at the Center for American Progress recently released a series of charts designed to prove America is a low-tax nation. I wish this was the case. The United States does have a lower overall tax burden than Europe, which is shown in one of...
by Dan Mitchell | Jun 26, 2011 | Bailouts, Big Government, Blogs, Government Spending
The notion that American taxpayers are about to subsidize another Greek bailout (via the Keystone Cops at the IMF) is way beyond economically foolish. It is also morally offensive. To turn Winston Churchill’s famous quote upside down: “Never have so many paid so much...
by Dan Mitchell | Jun 16, 2011 | Big Government, Blogs, Economic Growth
I’ve explained before that one of the most damning pieces of evidence against Obamanomics is that the economy is suffering from sub-par growth, something that is particularly damning since normally one expects to see faster-than-average growth following an economic...
by Dan Mitchell | Jun 1, 2011 | Big Government, Blogs, Government Spending, Government Waste
All I can say is that I’m thankful the United States is not part of the European Union, at least if this little tidbit from the UK-based Telegraph is true. American politicians waste a lot of money, but even I doubt they ever spent tax dollars on something that is...
by Dan Mitchell | May 24, 2011 | Bailouts, Big Government, Blogs, Europe, Government Spending
eronique de Rugy of the Mercatus Center has a very good – but somewhat depressing – analysis of the fiscal crisis in Greece. She basically concludes that bailouts will continue because nobody in Europe is willing to do the right thing. This got me thinking about what...
