by Dan Mitchell | Apr 29, 2011 | Blogs, Economics
Both President Reagan and President Obama had to deal with serious economic dislocation upon taking office. But they used radically different approaches to deal with the problems they inherited. Reagan sought to reduce the burden of government, whereas Obama viewed...
by Dan Mitchell | Apr 25, 2011 | Blogs, Economics, Taxation
According to an article in the New York Times, the Obama Administration is seriously examining a proposal to reduce America’s anti-competitive 35 percent corporate tax rate. The Obama administration is preparing to inject an unpredictable new variable into its...
by Dan Mitchell | Apr 25, 2011 | Big Government, Blogs, Economics, Taxation
Republicans are fighting about taxes. But they’re fighting with each other, not Democrats. I’ve already written about this topic once, but the issue has become more heated, and the stakes have become much larger. And this time I’m going to focus on the political...
by Dan Mitchell | Apr 21, 2011 | Big Government, Government Spending
America is in fiscal peril in the short run because of a 10-year spending binge by Bush and Obama and in the long run because of a toxic combination of entitlement programs and demographics. Congressman Paul Ryan has introduced a budget plan to address America’s...
by Dan Mitchell | Apr 15, 2011 | Big Government, Blogs, Government Spending
The recent agreement between Obama and Boehner supposedly cuts spending by $38 billion. I’ve already explained that this number is disappointingly small and noted that the effect on spending for the current fiscal year is almost too small to measure. But my analysis...
