by Dan Mitchell | Sep 27, 2014 | Big Government, Blogs, Europe, Government Spending
I’m a big believer that real-world examples can teach us about the benefits of good fiscal policy (think Hong Kong, Estonia, Canada, and the U.S. under Reagan and Clinton) and the costs of bad fiscal policy (France, Cyprus, Greece, and the U.S. under Bush and Obama)....
by Dan Mitchell | Sep 9, 2014 | Big Government, Blogs, Economics, Government Spending, Taxation, Welfare and Entitlements
I’m a pessimist about public policy for two simple reasons: 1) Seeking power and votes, elected officials generally can’t resist making short-sighted and politically motivated choices that expand the burden of government. 2) Voters are susceptible to bribery,...
by Dan Mitchell | Aug 25, 2014 | Big Government, Blogs, Europe, Taxation
Remember when Paul Krugman warned that there was a plot against France? He asserted that critics wanted to undermine the great success of France’s social model. I agreed with Krugman, at least in the limited sense that there is a plot against France. But I explained...
by Dan Mitchell | Aug 10, 2014 | Big Government, Blogs, Welfare and Entitlements
With all the controversy over the failed and costly Obamacare program, it’s understandable that other entitlements aren’t getting much attention. But that doesn’t mean there aren’t serious problems with Medicaid, Medicare, and Social Security. Indeed, the...
by Dan Mitchell | Aug 1, 2014 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I had a very bad lunch today. But not because of what I ate. My lunch was unpleasant because I moderated anoontime panel on Capitol Hill featuring Senator Ron Johnson of Wisconsin and my Cato colleague Chris Edwards. And I should hasten to add that they were splendid...