by Dan Mitchell | May 5, 2010 | Big Government, Blogs, Europe, Uncategorized
There’s an old joke that if you owe a bank $10,000, you have a problem, but if you owe a bank $10,000,000, the bank has a problem. The Greek government certainly seems to have that attitude. Short-sighted and corrupt politicians in Athens have spent their nation...
by Dan Mitchell | May 5, 2010 | Big Government, Blogs, Europe, Uncategorized
My blood pressure spiked after reading this story from the UK-based Times. The Greeks are rioting in the streets because they want our money (i.e., an IMF bailout) and they want to keep all the inefficient and wasteful government policies that caused the crisis. In...
by Dan Mitchell | Apr 29, 2010 | Big Government, Blogs, Europe, Taxation
I get a lot of email asking me about Greece, especially since I don’t give the issue much attention on the blog. I am paying close attention to what’s happening, especially since Greece is a canary in the coal mine. But I generally try to avoid being...
by Dan Mitchell | Apr 13, 2010 | Blogs, Europe, Taxation
The overall fiscal burden in the United States may be lower than it is in Europe, but there are some features of the internal revenue code that are far worse than what can be found on the other side of the Atlantic. America has a “worldwide” tax system,...
by Dan Mitchell | Apr 12, 2010 | Blogs, Europe, Taxation, VAT
My life is now devoted to saving America from the European-style national sales tax known as the value-added tax. Writing in the New York Post, I explain that the impact of a VAT in Europe is bigger government, not smaller deficits: The real-world evidence shows that...
