by Dan Mitchell | Mar 11, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation
There’s a significant debate now taking place in Washington – largely behind closed doors, but sometimes covered by the media – on whether fiscal conservatives should maintain a rigid no-tax-increase position. One side of the debate features Grover Norquist of...
by Dan Mitchell | Mar 8, 2011 | Big Government, Blogs, Government Spending
In this discussion on Larry Kudlow’s show, I reiterate the central point from my National Review article and explain that the government shutdown in 1995 led to real fiscal restraint. If that was a loss for the GOP, I hope they lose again this year. But will this...
by Dan Mitchell | Mar 4, 2011 | Big Government, Blogs, Welfare and Entitlements
Yesterday was the 129th anniversary of Charles Ponzi’s birthday. Normal people don’t celebrate the birth of con artists, but a tediously left-wing columnist at the Washington Post, Eugene Robinson, must be a big admirer of Charles Ponzi, because he seems very happy...
by Dan Mitchell | Mar 3, 2011 | Big Government, Blogs, Government Spending
As I’ve noted on previous occasions, I’m not a fan of Ben Bernanke and his actions at the Federal Reserve, though it is possible that QE2 may be the right policy (albeit for different reasons than publicly stated by the Fed Chairman). I’ve had several people say to...
by Dan Mitchell | Mar 3, 2011 | Blogs, Economics, Taxation
Greetings from frigid Minnesota. I’m in this misplaced part of the North Pole to testify before both the Senate and House Tax Committees today on issues related to the Laffer Curve. In other words, I will be discussing how governments should measure the revenue impact...