by Dan Mitchell | Apr 4, 2012 | Big Government, Blogs, Government Spending
Actually, Bill Clinton must be something even worse than a social Darwinist. That’s because the title of this post is wrong. Obama said that Paul Ryan’s plan (which allows spending to grow by an average of 3.1 percent per year over the next decade) is a form of...
by Dan Mitchell | Mar 28, 2012 | Big Government, Blogs, Government Spending
A couple of weeks ago, I offered some guarded praise for Paul Ryan’s budget, pointing out that it satisfies the most important requirement of fiscal policy by restraining spending – to an average of 3.1 percent per year over the next 10 years – so that government...
by Dan Mitchell | Mar 22, 2012 | Big Government, Blogs, Government Spending
The Chairman of the House Budget Committee has produced a new budget plan which contrasts very favorably with the tax-heavy, big-spending proposal submitted by the President last month. Perhaps most important, Congressman Ryan’s plan restrains spending growth,...
by Dan Mitchell | Feb 14, 2012 | Blogs, Capital Gains, Economics, Taxation
As discussed yesterday, the most important number in Obama’s budget is that the burden of government spending will be at least $2 trillion higher in 10 years if the President’s plan is enacted. But there are also some very unsightly warts in the revenue portion of the...
by Dan Mitchell | Feb 13, 2012 | Big Government, Blogs, Government Spending
President Obama’s budget proposal was unveiled today, generating all sorts of conflicting statements from both parties. Some of the assertions wrongly focus on red ink rather than the size of government. Others rely on dishonest Washington budget math, which means...