by Dan Mitchell | Jun 30, 2011 | Big Government, Blogs, Economics, Taxation
e left is desperately trying to maneuver Republicans into going along with a tax increase. And they are smart to make this their top goal. After all, it will be very difficult – if not impossible – to increase the burden of government spending without more revenue...
by Dan Mitchell | Jun 22, 2011 | Big Government, Blogs, Economics, Government Spending, Keynesian
Even though he’s become rather partisan in recent years, I still enjoy an occasional visit to Andrew Sullivan’s blog. But I was rather amused last night when I read one of his posts, in which he was discussing whether government spending helps or hurts economic...
by Dan Mitchell | Jun 21, 2011 | Big Government, Blogs, Economics, Government Spending
Many European nations face a sovereign debt crisis because of excessive spending caused by too much redistribution. The obvious – and only – solution to this crisis is to reverse the policies that caused the problem. So take a wild guess about what the International...
by Dan Mitchell | Jun 17, 2011 | Big Government, Blogs, Taxation
News reports indicate that the left is putting enormous pressure on Republicans to sell out as part of the “Biden Group” negotiations between Congress and the Vice President. I explained the other day why the left is so anxious to get GOPers to surrender on the tax...
by Dan Mitchell | Jun 12, 2011 | Big Government, Blogs, Economics, Government Spending, Keynesian
It doesn’t get much attention, but one of the most interesting economic experiments in American history occurred right after World War II. Despite warnings of Armageddon from Keynesian economists, government spending was slashed as the United States demobilized from...