by Dan Mitchell | Dec 7, 2013 | Big Government, Blogs, Government Spending, Taxation
There’s a saying in the sports world about how last-minute comebacks are examples of “snatching victory from the jaws of defeat.” I don’t like that phrase because it reminds me of the painful way my beloved Georgia Bulldogs were defeated a couple of weeks ago by...
by Dan Mitchell | Nov 25, 2013 | Big Government, Blogs, Economics, Government Spending
Every so often, when the temptation is too great, I’ll comment on something written by Paul Krugman. When he botched his analysis of Estonia, for instance, I joined that nation’s President in correcting some egregious errors. And I periodically remind people that...
by Dan Mitchell | Nov 20, 2013 | Big Government, Blogs, Government Spending
There’s a joke in Washington that Democrats are the evil party and Republicans are the stupid party. Except this joke isn’t very funny since a lot of bad policy occurs when gullible GOPers get lured into “bipartisan” deals that expand government. Consider, for...
by Dan Mitchell | Nov 13, 2013 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I routinely (some would say repetitively) argue that the burden of government spending is a drag on the economy because labor and capital are being misallocated via the political process. My message is that we need to reduce the size of the public sector, even if we...
by Dan Mitchell | Nov 9, 2013 | Big Government, Blogs, Economics, Government Spending
The only sustainable way of achieving more prosperity and higher living standards is to increase the quality and quantity of labor and capital in the economy. This may sound like boring econo-speak, but labor and capital are the two “factors of production” and our...
