by Dan Mitchell | May 27, 2010 | Big Government, Blogs, Europe, Government Spending, Taxation
Governments that tax work and subsidize sloth are committing a form of slow-motion suicide, and the Greek fiscal crisis is the canary in the coal mine of this phenomenon. Interestingly, some European governments are trying to halt the downward slide, though I suspect...
by Dan Mitchell | May 24, 2010 | Big Government, Blogs, Europe, Health Care, Uncategorized
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 tragic exception and...
by Dan Mitchell | May 21, 2010 | Bailouts, Big Government, Blogs, Uncategorized
Making himself and the Greek government even more of a global laughingstock, Greece’s President says he wants an investigation into the role of so-called speculators. Yes, I’m being serious. According to Bloomberg, he wants to blame investors who wisely...
by Dan Mitchell | May 19, 2010 | Big Government, Blogs, Europe, Taxation, Uncategorized
I feel like a broken record when I write about European fiscal policy. In almost all cases, I cite OECD data showing that countries are in fiscal trouble because of excessive spending rather than inadequate tax revenue. I then show that the politicians are using the...
by Dan Mitchell | May 13, 2010 | Bailouts, Blogs, Uncategorized, VAT
Only in the artificial bubble of Washington do you find people who are willing to make preposterous statements such as those contained in this David Ignatius column. He writes that we should adopt a value-added tax to avoid a Greek-style fiscal crisis, appararently...