by Dan Mitchell | Jan 21, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation
I’m not a big fan of central banks, and I definitely don’t like multilateral bureaucracies, so I almost feel guilty about publicizing two recent studies published by the European Central Bank. But when such an institution puts out research that unambiguously makes the...
by CF&P | Jan 15, 2011 | Big Government, Blogs, Welfare and Entitlements
I’ve already poked fun at Herman Van Rompuy, the nondescript über-bureaucrat who has risen to the non-elected post of European Council President. I’ve mocked Rompuy’s attempts to compete with other European politicians, and I encourage everyone to have a good laugh at...
by Dan Mitchell | Dec 12, 2010 | Big Government, Blogs, Government Spending
When big-spending politicians in Washington pontificate about “deficit reduction,” taxpayers should be very wary. Crocodile tears about red ink almost always are a tactic that the political class uses to make tax increases more palatable. The way it works is that the...
by Dan Mitchell | Dec 10, 2010 | Blogs, Economics, Flat Tax, Taxation
In my fiscal policy speeches, I sometimes try to get a laugh out of audiences by including a Powerpoint slide with this image. Leading up to this slide, I talk about the Armey/Forbes flat tax and explain that it would eliminate the corrupt internal revenue code and...
by Dan Mitchell | Dec 7, 2010 | Big Government, Blogs, Taxation
Compared to ideal policy, the deal announced last night between congressional Republicans and President Obama is terrible. Compared to what I expected to happen, the deal announced last night is pretty good. In other words, grading this package depends on your...