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Reid and Pelosi Appoint Fiscal Foxes to Serve on Super-Committee Henhouse

by Dan Mitchell | Aug 12, 2011 | Big Government, Blogs, Government Spending, Taxation

Wow. Not even a pretense of caring about fiscal responsibility. Keep the status quo, even if it means America is doomed to suffer a Greek-style budget meltdown. Those were my thoughts when I heard that Harry Reid appointed Senators Kerry, Murray, and Baucus to the...

Debt, Entitlements, Downgrades, Unfunded Liabilities, and the Europeanization of America

by Dan Mitchell | Aug 9, 2011 | Big Government, Blogs, Government Spending

I cover a wide range of issues in this interview for Bloomberg Asia. My main theme, not surprisingly, is that government is too big. And I specifically warn about the looming explosion of entitlement spending as the baby boom generation retires.

What Are the Consequencs of the Obama Downgrade?

by Dan Mitchell | Aug 6, 2011 | Big Government, Blogs, Government Spending

Even though I predicted it had to happen at some point because of the Bush-Obama spending binge and America’s giant long-run entitlement crisis, I confess that I’m somewhat surprised that the United States has suffered a debt downgrade for the first time. That being...

The Clown Prince of Europe

by Dan Mitchell | Aug 4, 2011 | Big Government, Blogs, Government Spending, Tax Harmonization, Taxation

If Jimmy Carter and Barack Obama are neck-and-neck competitors in the contest to be the public face of incompetent statism in America, then the competition in Europe is between Herman van Rompuy and Olga Stefou. But since I’ve already crowned Ms. Stefou as the Queen...

Spending Is Nuts, the Debt Deal’s a Joke, and Some Big Fights Remain

by Dan Mitchell | Aug 2, 2011 | Big Government, Blogs, Government Spending

Here’s the video that won the lucrative Powerline prize. Perhaps not as catchy as the entry I posted a couple of days ago, but very well done, with a proper focus on excessive government. And here’s a video just released by Cato on why the debt deal – at best – is a...
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