by Dan Mitchell | Jan 25, 2016 | Bailouts, Blogs
Remember the odious, immoral, and corrupt TARP bailout? Well, it’s becoming an issue in the 2016 presidential race, with some folkscriticizing Donald Trump for siding with Bush and Obama on the issue. I suppose I could make a snide observation about the absurdity of...
by Dan Mitchell | Jul 3, 2015 | Big Government, Blogs, Economics, Government Spending
Back in 2010, I described the “Butterfield Effect,” which is a term used to mock clueless journalists for being blind to the real story. A former reporter for the New York Times, Fox Butterfield, became a bit of a laughingstock in the 1990s for publishing a series of...
by Dan Mitchell | Jun 27, 2015 | Bailouts, Big Government, Blogs, Economics, Regulations
When debating and discussing the 2008 financial crisis, there are two big questions. And the answers to these questions are important because the wrong “narrative” could lead to decades of bad policy (much as a mistaken narrative about the Great Depression enabled bad...
by Dan Mitchell | Nov 3, 2014 | Big Government, Blogs
More than 100 years ago, George Santayana famously warned that, “Those who cannot remember the past are condemned to repeat it.” At the time, he may have been gazing in a crystal ball and looking at what the Obama Administration is doing today. That’s because the...
by Dan Mitchell | Jul 18, 2014 | Bailouts, Blogs
I periodically comment about government corruption, often in the context of trying to make the general point that shrinking the size and scope of the public sector is the most effective way of reducing sleaze in Washington. Now let’s get specific. I’ve already...