by Dan Mitchell | Jun 22, 2012 | Blogs, Economics, Europe, Laffer Curve
Every day brings more and more evidence that Obamanomics is failing in Europe. I wrote some “Observations on the European Farce” last week, but the news this morning is even more surreal. Let’s start with France, where I endorsed the explicit socialist over the...
by Dan Mitchell | Jun 15, 2012 | Bailouts, Big Government, Blogs, Europe, Government Spending
Spain’s received a bailout, Greece is having another election tomorrow, and the European political elite is pushing for more centralization. In other words, business as usual in the continent where voters think you can get nothing for nothing (this satirical cartoon...
by Dan Mitchell | Jun 14, 2012 | Big Government, Blogs, Economics, Government Spending
Since I’ve written several times that the United States will face a fiscal crisis if entitlement programs aren’t reformed, you won’t be surprised to see that I repeat those points in this CNBC debate. But I’m not happy with my performance. Not because my leftist...
by Dan Mitchell | Jun 7, 2012 | Blogs, Economic Growth, Taxation
I have great fondness for Estonia, in part because it was the first post-communist nation to adopt the flat tax, but also because of the country’s remarkable scenery. Most recently, though, I’ve been bragging about Estonia (along with Latvia and Lithuania, the other...
by Dan Mitchell | May 9, 2012 | Big Government, Blogs, Government Spending
I wrote a detailed blog post yesterday, showing that European governments have been very reluctant to restrain the burden of government spending. Part of the problem is that the debate in Europe is a no-win exercise, pitting proponents of higher taxes (which is...
