by Dan Mitchell | Feb 1, 2014 | Big Government, Blogs, Economics, Government Spending, Keynesian
Early last year, with the sequester about to begin, President Obama stated that “these cuts are not smart, they are not fair, they will hurt our economy, they will add hundreds of thousands of Americans to the unemployment rolls.” He made this statement...
by Dan Mitchell | Jan 30, 2014 | Big Government, Blogs, Government Spending, Taxation
Self awareness is supposed to be a good thing, so I’m going to openly acknowledge that I have an unusual fixation on the size of government. I don’t lose a wink of sleep thinking about deficits, but I toss and turn all night fretting about the overall burden of...
by Dan Mitchell | Jan 20, 2014 | Big Government, Blogs, States
If you’re a libertarian, you generally don’t act and think like other people. Most folks, when they heard about Governor Christie’s bridge-closing scandal, focused on the potential political ramifications. But not me. My immediate reaction was to think that the...
by Dan Mitchell | Jan 18, 2014 | Big Government, Blogs, Government Spending, Welfare and Entitlements
There’s an old joke about two guys camping in the woods, when suddenly they see a hungry bear charging over a hill in their direction. One of the guys starts lacing up his sneakers and his friend says, “What are you doing? You can’t outrun a bear.” The other guys...
by Dan Mitchell | Jan 9, 2014 | Blogs, Taxation
In the famous “Bridge of Death” scene in Monty Python and the Holy Grail, some of the knights are asked to name their favorite color. One of them mistakenly says blue instead of yellow and is hurled into the Gorge of Eternal Peril. I can sympathize with the...