by Dan Mitchell | Jun 4, 2010 | Blogs, Europe, Health Care
British healthcare is often criticized for long waiting lines and slovenly conditions, but that’s just part of the story. Here’s a frightening story about a women who actually got treated – and died as a result. To be fair, this presumably is a...
by Dan Mitchell | Jun 4, 2010 | Bailouts, Blogs, Europe
In an uncharacteristic display of fiscal rectitude, Senators voted 94-0 against the Greek bailout. But don’t get too excited. They only voted to instruct the White house to oppose the bailout in the absence of a plan to pay back the money. Needless to say, the...
by Dan Mitchell | Jun 3, 2010 | Blogs, Europe, Taxation
David Ranson had a good column earlier this week in the Wall Street Journal explaining that federal tax revenues historically have hovered around 19 percent of gross domestic product, regardless whether tax rates are high or low. One reason for this relationship, as...
by Dan Mitchell | May 28, 2010 | Big Government, Blogs, Europe
When even the New York Times is writing articles about the collapse of the European welfare state, you know that the political establishment is finally recognizing the writing on the wall. Recognizing a problem and solving a problem, however, are two different things....
by Dan Mitchell | May 28, 2010 | Bailouts, Big Government, Blogs, Europe
Americans should not get too smug about the troubles in Europe because the Bush-Obama policies of wasteful spending are bringing us down the same path. The latest evidence comes from a well-researched article about personal income in USA Today showing that the share...
