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Will America Face a Greek-Style Fiscal Crisis?

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...
Debating Keynesian Economics with Robert Reich on CNN

Debating Keynesian Economics with Robert Reich on CNN

by Dan Mitchell | Jun 13, 2012 | Big Government, Blogs, Economics, Government Spending, Keynesian

It seems that any argument about the economy eventually boils down to the core issue of whether government spending acts as a stimulus or whether it is – in the words of Thomas Sowell – a sedative that undermines prosperity. So when Robert Reich and I went on Erin...

Obama Is a Big Spender…Just Like Bush

by Dan Mitchell | Jun 12, 2012 | Big Government, Blogs, Government Spending

A couple of weeks ago, I debunked the myth that Obama is a fiscal conservative by showing how TARP masks his real record. I then followed up that post by showing that Obama is a traditional leftist who spends on social welfare programs, but also did a final post...

Those Sneaky Canadians Are Overtaking the United States

by Dan Mitchell | May 30, 2012 | Big Government, Blogs, Economics, Government Spending, Laffer Curve, Taxation

I’m not quite ready to trade places with Canada, but it may just be a matter of time. Like Germany and Sweden, they seem to be slowly but surely trying to move in the right direction. I’ve already commented on good Canadian fiscal policy (including a much-needed...

The States Are a Fiscal Policy Laboratory, but Obama Isn’t Learning the Right Lesson

by Dan Mitchell | May 29, 2012 | Big Government, Blogs, Government Spending, Tax Competition, Taxation

The fiscal nightmare in Europe should be all the proof that’s needed about the dangers of wasteful spending and punitive tax rates. Unfortunately, if his proposals for bigger government and class-warfare tax policy are any indication, President Obama still seems to...
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