by Dan Mitchell | Feb 21, 2014 | Big Government, Blogs, Economics, Government Spending, Keynesian
Did you sing Happy Birthday? The nation just “celebrated” the fifth anniversary of the signing of the so-called American Recovery and Reinvestment Act, more commonly referred to as the “stimulus.” This experiment in Keynesian economics was controversial when it was...
by Dan Mitchell | Feb 19, 2014 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements
When I give speeches around the country, I often get asked whether it’s time to give up. More specifically, has America reached a tipping point, with too many people riding in the wagon of government dependency and too few people creating wealth and pulling the wagon...
by Dan Mitchell | Feb 14, 2014 | Blogs, Tax Competition, Taxation
What’s the defining characteristic of our political masters? Going all the way back to when they ran for student council in 6th grade, is it a craven desire to say or do anything to get elected? Is it the corrupt compulsion to trade earmarks, loopholes, and favors in...
by Dan Mitchell | Feb 13, 2014 | Blogs, Economics
I feel a bit like Goldilocks. No, this is not a confession about cross-dressing or being transsexual. I’m the boring kind of libertarian. Instead, I have a run-of-the-mill analogy. Think about when you were a kid and your parents told you the story of Goldilocks and...
by Dan Mitchell | Feb 10, 2014 | Big Government, Blogs, Economics, Government Spending
Over the years, I’ve shared many charts, graphs, and tables to help people understand that the welfare state is fundamentally unsustainable. And, assuming there’s not genuine entitlement reform, many of these fiscal estimates show that the United States has a very...
