by Dan Mitchell | Feb 8, 2012 | Big Government, Blogs, Government Spending
I’ve written before about the importance of getting rid of the Department of Transportation, and I’ve also written about Republicans getting in bed with big government. So you can imagine how agitated I was to read this article about transportation spending at...
by Dan Mitchell | Jan 31, 2012 | Big Government, Blogs, Government Spending, Taxation
Back in 2010, I crunched the numbers from the Congressional Budget Office and reported that the budget could be balanced in just 10 years if politicians exercised a modicum of fiscal discipline and limited annual spending increases to about 2 percent yearly. When CBO...
by Dan Mitchell | Jan 28, 2012 | Blogs, Economics, Taxation
I’ve already posted the Cato Institute’s overnight response to the President’s state-of-the-Union speech. Here’s the Dan Mitchell pre-SOTU speech to congressional staffers. I’ve already had people ask me for the charts I used in the speech. Here’s the double taxation...
by Dan Mitchell | Jan 27, 2012 | Blogs, Economics, Europe, Laffer Curve, Taxation
One year ago, I wrote about how the French government was getting unexpected additional revenues following the implementation of lower tax rates. This is the Laffer Curve in action, and it’s happening again in France, only this time because the government reduced the...
by Dan Mitchell | Jan 22, 2012 | Big Government, Blogs, Government Spending
I don’t expect a good outcome to the European fiscal crisis, largely because nobody seems to understand that the real problem is excessive government spending. The economic illiterates in the press sometimes say the fight in Europe is between austerity and...
